Carstory news and trends

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

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 via the purchase of Vast Holdings, Inc., according to an announcement. “As car buyers and sellers across the country increasingly...

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

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 which people are finding details via mobile devices even more these days is cars. According to the Vast automotive AI platform...

Quick Reads
Vroom Exiting Car Sales, Focusing on Finance and AI Services

January 22, 2024
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 remaining businesses, Vroom said in a Monday (Jan. 22) press release.  This move comes after the company tried to raise additional capital and extend its vehicle floorplan facility past its current […]

Vroom To Buy AI-Powered Analytics And Digital Services Firm CarStory

December 15, 2020
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 via the purchase of Vast...