HOUSTON - The once top competitor to Carvana has hit the brakes on its online used car business. Texas-based Vroom announced it's shutting down its online sales operations and laying off nearly 800 ...

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 ...

Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. About 800 employees, or ...

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 ...

Vroom, an online used car retailer, has announced it is closing its virtual doors. In an announcement, the company said it is discontinuing its e-commerce operations and ending its used car business ...

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 ...

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 ...

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, ...

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 ...