We've known for a while that things weren't going great for the online used car dealer Vroom. Back in 2022, it was sued by the state of Texas for its shady sales practices and later that year managed ...
Vroom, a Texas-based company that until January sold used cars online, has agreed to settle a Federal Trade Commission (FTC) lawsuit by agreeing to refund $1 million to customers harmed by its ...
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 ...
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, the former used car sales website which halted vehicle sales in January 2024, has agreed to a proposed settlement with the FTC over allegations the company misrepresented that it had examined ...
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 ...
Read full article: Scarborough High School student shot by classmate after exiting bus in northwest Houston Rising gas prices and congestion are taking a bigger bite out of Houston commuters’ wallets ...
Vehicles sit inside a Carvana Co. car vending machine in Westminster, Calif. Following a tumultuous exit from the online used car space, the CEO of what was Carvana’s (CVNA) largest competitor says ...
The market hasn’t been kind to shares of online auto dealers in 2022. Wall Street doesn’t see a turn coming soon.
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