Subscribe
Used Cars

Online used-car retailer Vroom raises $468 million from IPO; stock surge continues

Vroom
(Vroom)
CT
By:
CRYSTAL TSE and SCOTT DeVEAU
B
By:
Bloomberg
|
June 09, 2020 10:33 AM

NEW YORK -- Used-car online retailer Vroom Inc. expanded its U.S. initial public offering and priced it above the marketed range to raise $468 million.

Featured Stories

Dealerships prepare for pre-tariff sales onslaught
Dealerships prepare for pre-tariff sales onslaught
Automakers warn new Trump tariffs will boost costs, cut sales
Automakers warn new Trump tariffs will boost costs, cut sales
Stellantis launches mobile service as customer retention tool
Stellantis launches mobile service as customer retention tool
Dealership buy-sell database updates: Details on 11 deals across 10 states
Dealership buy-sell database updates: Details on 11 deals across 10 states

Latest News

Live updates on tariffs: Industry works to minimize disruption
Dealerships prepare for pre-tariff sales onslaught
Automakers warn new Trump tariffs will boost costs, cut sales
Top 5 Canadian auto stories this week: Trump auto tariffs; Tesla payments frozen; more
Staying current is easy with newsletters delivered straight to your inbox.

See More in Used Cars

Carvana is testing new-vehicle sales in Arizona. Here are 3 things to know.
Daily 5 report for Feb. 26: Used-car prices surge after the L.A. wildfires; GM dividend boost yields yawns on Wall Street
Carvana expects Q1 lift in used-vehicle sales, will ‘wait and let’s see’ on tariffs
Four things to know ahead of Carvana’s fourth-quarter earnings report
Staying current is easy with newsletters delivered straight to your inbox.