Rental company lost $1.3 billion in Q3 and took a $1 billion impairment charge due in large part to the heavy depreciation suffered by its electric car fleet ...

After settling a $3 million lawsuit alleging deceptive trade practices and discontinuing e-commerce operations, Houston-based ...

Houston-based Vroom's bankruptcy filing comes after the company completed the wind down of its e-commerce and used vehicle ...

Used vehicle prices continue to drop and more certified preowned cars line dealers' lots as consumers seek alternatives to ...

A Houston-based online car dealer filed for bankruptcy to restructure its debt — months after the company shuttered some of ...

Auto financing firm Vroom (NASDAQ:VRM) filed for Chapter 11 bankruptcy protection on Wednesday in a Texas court as the ...

Online used car buying seemed like a good idea when the Covid-19 pandemic hit in 2020. Consumers could shop online at one of ...

The financing and analytics company, no longer in the used-car selling business, plans a debt-for-equity swap backed by ...

Vroom (VRM) announced that it has made the strategic decision to enter into a Restructuring Support Agreement, RSA, with holders of an ...

Prices for used cars shifted into reverse this year, and the price gap between used and new cars has never been larger.

Vroom is restructuring its debt as it prepares to file for bankruptcy protection on the heels of winding down its e-commerce ...

Vroom shares were down 37% to $5.58 after hours as the company ... Jones Newswires Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional ...