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Vroom CEO says shutting down its online used-car business was 'gut-wrenching' - Vimarsana News

Vroom CEO says shutting down its online used-car business was 'gut-wrenching'

The former Carvana competitor left buyers in the dark when it exited.

Vroom CEO says shutting down its online used-car business was 'gut-wrenching' - Vimarsana News

Vroom CEO says shutting down its online used-car business was 'gut-wrenching'

The former Carvana competitor left buyers in the dark when it exited.

Vroom laying off 515 workers in Texas, part of nationwide restructuring - Vimarsana News

Vroom laying off 515 workers in Texas, part of nationwide restructuring

Houston-based Vroom is closing two facilities in Texas and laying off 515 workers as part of a nationwide restructuring. The post Vroom laying off 515 workers in Texas, part of nationwide restructuring appeared first on FreightWaves.

Source: yahoo.com
It's Official - Vroom Quits the Ecommerce Used Car Business - Vimarsana News

It's Official - Vroom Quits the Ecommerce Used Car Business

Online vehicle retailer Vroom has folded its tent.

vroom: Vroom to shut its ecommerce operations, cut nearly 90% of jobs - Vimarsana News

vroom: Vroom to shut its ecommerce operations, cut nearly 90% of jobs

US-based leading ecommerce platform for buying and selling used vehicles Vroom has 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 maximise stakeholder value through its remaining businesses.