Carscoops

JANUARY 23, 2024

“As we previously disclosed, we intended to raise additional capital to fund our operations and support the extension of our vehicle floorplan facility beyond its current expiration date of March 31, 2024,” said Thomas Shortt, Vroom’s CEO. Vroom’s fall from grace follows the decline of Shift Technologies Inc.,

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Floorplan Retail Sales Finance 122

Drive.com

JULY 28, 2024

“They don’t start counting until the middle of next year, so all that means is you’re incentivised – if you can get supply – to bring all your bad actors in early on, fill up the pipeline and then hang on and make the changes over time if you’re able to get new technologies and new products.

Floorplan 76

Floorplan Manufacturing Networking Finance 76

Full Path

JULY 30, 2024

For dealerships, Higher inventories and rising floorplan costs are eating into profit margins, creating a challenging environment for automotive retailers. Leveraging Digital Platforms: Utilize technology to streamline the leasing process, especially for generations that prefer managing their payments online.

Floorplan 52

Floorplan Down Payment Dealerships Insurance 52