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Here are Larry's top story picks from this past week's important to you, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive news nuggets.
Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. The company said it is suspending all used car transactions through vroom.com and plans to sell off its used vehicle inventory to wholesalers. The company said it has not determined how much this wind down will cost, partly because of uncertainty on what its used vehicle inventory will sell for, according to the regulatory filing.
Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again.
Even amid an abundance of rich data, misinformation on vehicle weights persists.
Used-car prices in the United States have gone back up again in March, after easing for months. The ...