Vroom Shifts Focus to Core Assets and Future Growth
VRMVroom(VRM) PYMNTS.com·2024-09-24 06:59

In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and used vehicle dealership operations and released a long-term strategic plan leveraging its assets like United Auto Credit Corporation (UACC), a leading automotive finance company; and CarStory, a leader in AI-powered analytics and digital services for automotive retail.In January, Vroom officials announced a Value Maximization Plan, which discontinued the company’s e ...