Vroom's business model was fundamentally flawed, leading to its Chapter 11 bankruptcy in November. Post-bankruptcy, Vroom shifted to subprime auto-lending, but continues to suffer from high default ...
Vroom is an online used car dealer with an innovative 'door-to-door' business model. The company's business model is structurally flawed as it incurs thousands of dollars in transportation costs that ...
It’s been two years since Davidson Garcia bought a used car from Vroom, the online car dealer. The 2015 Subaru WRX has been sitting in a New York City impound lot for more than 10 months, without ...
Former used-car retailer Vroom agreed to pay $1 million to settle claims levied by the Federal Trade Commission that it misrepresented inspection work done on vehicles it sold, failed to offer ...
Vroom Inc. said Tuesday its revenues, sales and total gross profit per e-commerce vehicle all tumbled in the fourth quarter, a period in which the company continued pulling back on growth in favor of ...
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 ...
A dealership's rating is based on all of their reviews, with more weight given to recent reviews. Includes reviews of Vroom - Get It Delivered Nationwide, Contact-Free of Sacramento from DealerRater.
Used car dealers don’t have the best reputation and that extends to the online variety as well. While issues with Carvana are widely known, this time it’s Vroom in the hot seat. The Federal Trade ...
The Federal Trade Commission said late Tuesday that it took enforcement actions against Vroom for misrepresenting that the retailer thoroughly examined all vehicles before listing them for sale. The ...
A dealership's rating is based on all of their reviews, with more weight given to recent reviews. Want to share your experience with this dealership? If your planning to purchase a car go to Texas ...
Vroom, an online used-car dealer and the corporate parent of Texas Direct Auto, will pay $3 million to settle a state lawsuit alleging violations of the Texas' Deceptive Trade Practices Act. The ...
President Trump's 25% tariff on foreign cars prompted NJ residents to buy in advance of Thursday's deadline. But dealers fear pace will slow.
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