Online used-vehicle retailer Vroom said Tuesday it wrapped up its $300 million acquisition of United Auto Credit Corp., a nonprime auto lender that it will incorporate as its captive finance arm in ...

Online used-vehicle retailer Vroom said Tuesday that it has agreed to buy United Auto Credit Corp., a non-prime auto lender, for $300 million in cash. The move is aimed at speeding up Vroom’s plans to ...

NEW YORK--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: VROOM RAISES $95 ...

Transformational Acquisition marks the first step in the development of Vroom's captive finance arm The deal also welcomes over 500 UACC employees including Jim Vagim, Co-President and Chief Executive ...

Another blockbuster acquisition in the used-car space surfaced Tuesday, this time involving both the retail and auto finance segments. Vroom said it has reached a deal to purchase United Auto Credit ...

NEW YORK--(BUSINESS WIRE)--Vroom (NASDAQ: VRM), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, received a 2022 Auto Finance Excellence Award from Auto Finance ...

We've all seen them. Many of us have considered buying from them: those shady-looking used car dealerships protected by chain-link fences that line downtown streets and shabby suburban avenues. "Sure, ...

The Texas Attorney General is suing Vroom accusing the online used vehicle dealer of deceptive trade practices. Vroom also sells to cars to Texas consumers as Texas Direct Auto and it, too, is named ...