CarMax is feeling the chill from a softer used car market, with profit cut in half and sales volumes under pressure as shoppers balk at high prices and elevated borrowing costs. The country’s largest ...
CarMax’s Q2 earnings fell short of expectations — here’s what that signals for pricing, inventory, and demand trends in the used car market. While many signals suggest the pre-owned car market is ...
CarMax Inc. said it sold fewer used cars than expected last quarter, adding pressure on interim management to turn the beleaguered used-car retailer around.
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 ...
Severe weather, the coronavirus pandemic, lower sellable inventory than a year ago and calendar shifts all had an impact on CarMax's fiscal fourth quarter, as the nation's largest used-vehicle ...
CarMax, Inc. released a report revealing significant trends in consumer interest in used electric vehicles (EVs) from January 2022 to February 2025. The data shows that monthly online searches for EVs ...
RALEIGH, N.C. (WTVD) -- North Carolina Attorney General Josh Stein announced a $1 million settlement with CarMax that will require the company to disclose open unrepaired recalls before people buy ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (iSeeCars) — So you want to sell your car.
(iSeeCars) – Purchasing a used car can be unsettling. Even if the car has a clean vehicle history report and a passing inspection from an independent mechanic, it’s hard to get a complete picture of ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (iSeeCars) – Purchasing a used car can be ...