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 ...
Online car retailers like Carvana, Vroom, and Shift had their business skyrocket during the pandemic. While new car dealers struggled with inventory shortages, the used car market exploded, and ...
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 ...
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