Vroom Cuts Losses in Q3

Vehicle retailer trims costs, increases profit per vehicle.
Vehicle retailer trims costs, increases profit per vehicle.
Supply issues continue to stymie carmaker.
Dealer group posts record profit, sales jump.
Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.
Honda points to continued supply issues as overall industry inventory improves.
Though improved, inventory issues remain, along with other market pressures.
After toppling GM last year, carmaker may be bumped down after facing market woes common throughout the industry.
$300 million suit claims carmaker violated state franchise law by withholding inventory.
NADA numbers show sales prices rose, though volume was down due to inventory shortages.
Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In