The chaos at the Inglewood CarMax unfolded like a scene out of a movie. A customer suddenly, and erratically, turned and reversed his SUV into the dealership showroom on Saturday afternoon. The ...
According to a report just released by CarMax, the largest used car retailer in the United States, consumers are warming to used EVs. The company, which sold 789,050 used vehicles, plus 544,312 ...
Used-vehicle retail giant CarMax Inc. on Tuesday reported a steep downturn in net income and fewer retail used-vehicle sales but stable per-vehicle profit in its fourth fiscal quarter — a period ...
A major used car seller in the United States has reached a settlement with 36 state Attorneys General, including Illinois, after authorities accused the company of selling some cars that may have had ...
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Why CarMax Plunged in September
CarMax had a disappointing second quarter, with revenue and earnings declines. Management pointed to cost-cutting and marketing efforts aimed at mitigating a challenging economic environment. The ...
CarMax Inc.'s soft fiscal second-quarter financial results paint a grim picture: High vehicle prices, inflation throughout the economy and climbing interest rates are prompting consumers to put off ...
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