Press Releases

Dec 20, 2021

Online Automotive Retailer Vroom Announces Amendment of Floorplan Commitment from Ally Financial

Amendment Increases Line of Credit to $700 million NEW YORK --(BUSINESS WIRE)--Dec. 20, 2021-- Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles (the “Company”), today announced an amendment to its inventory financing agreement with Ally Financial Inc. ...
Dec 17, 2021

Online Automotive Retailer Vroom Announces First Extended Mile Hub in Orlando, Offering More Personalized Concierge Experience for Florida Customers

Many of the vehicles delivered in Florida pass through the Orlando hub for inspections, reconditioning and delivery prep ORLANDO, Fla. --(BUSINESS WIRE)--Dec. 17, 2021-- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced its first Extended ...
Dec 16, 2021

Vroom Announces Appointment of Chief Operating Officer

Tom Shortt appointed in newly-created role at Vroom NEW YORK --(BUSINESS WIRE)--Dec. 16, 2021-- Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles (the “Company”), today announced the appointment of Thomas Shortt as Chief Operating Officer, effective January ...
Nov 9, 2021

Vroom Reports Strong Third Quarter 2021 Results

Vroom Delivers Record Ecommerce Units and Gross Profit Ecommerce Unit Sales Up 123% YoY Ecommerce Gross Profit Up 161% YoY NEW YORK --(BUSINESS WIRE)--Nov. 9, 2021-- Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for ...
Oct 20, 2021

Online Automotive Retailer Vroom Increases Houston Presence With Launch of Last Mile Concierge Experience

National Retailer Continues to Add Jobs + Invest in Its People with New Personalized Delivery Service & Training HOUSTON --(BUSINESS WIRE)--Oct. 20, 2021-- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Houston hub, ...
Oct 19, 2021

Online Automotive Retailer Vroom Launches New TV Spot Featuring All Star Julius Randle

New Spot on Home Team Network Highlights the Benefits of Online Car Buying NEW YORK --(BUSINESS WIRE)--Oct. 19, 2021-- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the release of its newest broadcast spot featuring New York basketball ...
Oct 18, 2021

Vroom Announces Third Quarter 2021 Earnings Conference Call and Audio Webcast Scheduled for November 10, 2021

NEW YORK --(BUSINESS WIRE)--Oct. 18, 2021-- Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the third quarter ending September 30, 2021 , after the market closes on Tuesday, November 9, ...
Oct 12, 2021

Online Automotive Retailer Vroom to Acquire United Auto Credit Corporation

Accelerates Vroom’s entry into captive financing operations Expands opportunity for consumers across the credit spectrum to transact on Vroom’s platform NEW YORK --(BUSINESS WIRE)--Oct. 12, 2021-- Vroom (NASDAQ: VRM), an innovative ecommerce platform that offers a better way to buy and sell used ...
Sep 13, 2021

Vroom Announces Appointment of New Chief Financial Officer

Robert R. Krakowiak Appointed as Chief Financial Officer of Vroom NEW YORK --(BUSINESS WIRE)--Sep. 13, 2021-- Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles (the “Company”), today announced the appointment of Robert R. ...
Aug 17, 2021

Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Phoenix Locals

Car Buyers Within 70-Mile Radius Receive More Personalized Service, Direct to Their Driveways PHOENIX, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Phoenix hub and a more ...
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