Vroom Inc., once valued at a heady $2.5 billion, said Monday it is winding down its online used-car sales business in order to preserve liquidity, as its market cap has dwindled to less than $100 ...

PHOENIX (3TV/CBS 5) — The company Vroom helped lead the way when it comes to buying cars online but it has not abruptly closed up shop. You’ve no doubt seen this TV commercial before. “Hi, buying a ...

It’s the age of online shopping, and a few years ago, the race was on to establish the Amazon of used cars. Things haven’t played out that way though, and the likes of Carvana have been rocked by the ...

Baker & Hostetler lashed back at patent claims against Vroom Inc. on Thursday with a declaratory judgment action in New Jersey District Court. The suit takes aim at Sidekick Technology in response to ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Houston-based Vroom's bankruptcy ...

Vroom, Inc. VRM announced that it is discontinuing its e-commerce operations and shutting down its used vehicle dealership business to preserve liquidity and optimize stakeholder value. Vroom is a ...

One of the largest online used car dealers in the country just closed, and this one is in our backyard. Houston-based Vroom, that took over Texas Direct Auto in 2015, is no longer selling cars. But, ...

If you were thinking about pulling the trigger on a used car through online retailer Vroom, we’ve got bad news: you missed your shot. The company announced today that it is suspending all transactions ...

Vroom, the Houston-based online car dealer once seen as a rival to industry heavyweights like Carvana, TrueCar and CarMax, is winding down its e-commerce operations. Online car dealer expands presence ...