RumbleOn sales, revenue fall in wake of pandemic

Online used-vehicle retailer RumbleOn is feeling the effects of the coronavirus pandemic. The company, which sells both automotive and powersports vehicles, lost $81 million in revenue year over year, spurred by a 52% drop in revenue in March 2020, when COVID-19 reached the U.S., according to the company’s earnings report.   Automotive sales, which include used cars and trucks, dropped 47.7% YoY to 4,603 units in the first quarter of […]

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