The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.

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 reported lower fiscal third-quarter sales and profit as the company’s hold on the used-car market continues to slip.

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 ...

To boost domestic production, U.S. President Trump is imposing 25% tariffs on imported cars and key auto parts, including engines, powertrains, and transmissions. These tariffs, set to take effect ...

(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 ...

CarMax Auto Finance plans to scale its "no-impact-to-your-credit-score" pre-qualification feature — first tested in March — across the U.S. during the rest of the year, Jon Daniels, senior vice ...

CarMax reported a horrible decline in revenue in the last quarter of its 2023 fiscal year. However, it efficiently managed its cost, resulting in higher-than-expected earnings. The company is seeing a ...

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, today announced it is expanding its commercial relationship with RepairPal, a leading provider of ...

CarMax’s 30th birthday party was a real bell-ringer. The nation’s largest used-car retailer celebrated its 30 years in business by ringing the closing bell Tuesday at the New York Stock Exchange.

National automobile retailer CarMax is moving ahead with plans to build a vehicle auction center in Moncks Corner with the $3.5 million purchase of land along U.S. Highway 17A. The Richmond, Va.-based ...

This is an archived article and the information in the article may be outdated.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 ...