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 ...

Online used car buying seemed like a good idea when the Covid-19 pandemic hit in 2020. Consumers could shop online at one of ...

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, 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 ...

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 ...

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.

Automotive financing provider Vroom, Inc. plans to file a prepackaged reorganization under Chapter 11 in US bankruptcy court, ...