The financing and analytics company, no longer in the used-car selling business, plans a debt-for-equity swap backed by ...
A Houston-based online car dealer filed for bankruptcy to restructure its debt — months after the company shuttered some of ...
Houston-based Vroom's bankruptcy filing comes after the company completed the wind down of its e-commerce and used vehicle ...
In the South? To watch... race cars in October? Hm. But bless my heart because a couple of days in the Lone Star State ...
Vroom shares were down 37% to $5.58 after hours as the company said it would file for bankruptcy. Vroom owns indirect automotive lender United Auto Credit and analytics and digital services provider ...
Vroom owns United Auto Credit, a lender that offers vehicle financing to consumers through third-party dealers, according to ...
Vroom, whose operations include automotive finance, intends to file a number of customary motions with the bankruptcy court that will allow the continuation of normal business operations. Write to ...
Auto financing firm Vroom (NASDAQ:VRM) filed for Chapter 11 bankruptcy protection on Wednesday in a Texas court as the cash-strapped company attempts to restructure more than $300M in debt.
Vroom owns United Auto Credit, a lender that offers vehicle financing to consumers through third-party dealers, according to its investor presentation. It also owns car data and technology ...