CarStory

Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
November 13, 2024  |  Business

Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it...

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Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
September 23, 2024  |  Transportation

In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and...

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Vroom Exiting Car Sales, Focusing on Finance and AI Services
Vroom Exiting Car Sales, Focusing on Finance and AI Services
January 22, 2024  |  eCommerce

Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business.  The company aims to preserve liquidity and maximize stakeholder value through its...

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Vroom To Buy AI-Powered Analytics And Digital Services Firm CarStory
Vroom To Buy AI-Powered Analytics And Digital Services Firm CarStory
December 15, 2020  |  Acquiring

Vroom said on Tuesday (Dec. 15) that it has entered into a definitive deal to buy artificial intelligence (AI)-fueled analytics and digital services company CarStory...

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CarStory Market Reports Help With AI Driven Car Sales
CarStory Market Reports Help With AI Driven Car Sales
June 16, 2017  |  Retail

In the automotive industry, consumers using mobile devices to research or purchase items has become common over the past few years. One of the products for...

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