We announced on January 22, 2024 that Vroom has halted all purchases and sales of used vehicles. It has been an honor to serve car buyers and sellers all over the country. Our subsidiaries, United Auto Credit Corporation (UACC) and CarStory, will continue to serve their customers and focus on growing those businesses.

Jan 23, 2024 · Vroom was one of several companies that hoped to become the Amazon of used cars. It was founded as a used-car-trading business in 2013 but expanded to become an online sales platform early in the ...

Jan 23, 2024 · Vroom shares closed at $0.53 on Monday and then dropped to $0.25 after the company announced its plans to shutter the e-commerce business. Shares are now hovering at about $0.32.

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Jan 22, 2024 · HOUSTON--(BUSINESS WIRE)--Jan. 22, 2024-- Vroom, Inc. (Nasdaq:VRM) (Vroom, or the Company), a leading ecommerce platform for buying and selling used vehicles, today announced that it is discontinuing its ecommerce operations and winding down its used vehicle dealership business in order to preserve liquidity and enable the Company to maximize stakeholder value through its remaining businesses.