Online used-vehicle retailer Vroom said Tuesday it wrapped up its $300 million acquisition of United Auto Credit Corp., a nonprime auto lender that it will incorporate as its captive finance arm in ...

Online used-vehicle retailer Vroom said Tuesday that it has agreed to buy United Auto Credit Corp., a non-prime auto lender, for $300 million in cash. The move is aimed at speeding up Vroom’s plans to ...

NEW YORK--(BUSINESS WIRE)--Vroom (NASDAQ: VRM), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, received a 2022 Auto Finance Excellence Award from Auto Finance ...

Transformational Acquisition marks the first step in the development of Vroom's captive finance arm The deal also welcomes over 500 UACC employees including Jim Vagim, Co-President and Chief Executive ...

NEW YORK--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: VROOM RAISES $95 ...

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 ...

AutoNation is the lead investor in an $146 million funding round for online car retailer Vroom, which officially announced the Series G round Tuesday. T. Rowe Price, L Catterton, General Catalyst ...

Less than a year after a restructuring that involved extensive layoffs and the shuttering of operations locations in Dallas and Indiana, the online used car dealership Vroom is once again in expansion ...

Vroom launched a new television commercial on Tuesday that features New York Knicks All-Star Julius Randle, but the online auto retailer also made a move this week that may be of interest to fans of ...

The Texas Attorney General is suing Vroom accusing the online used vehicle dealer of deceptive trade practices. Vroom also sells to cars to Texas consumers as Texas Direct Auto and it, too, is named ...