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 Inc.’s stock took a dive toward a more than five-year low in early Thursday trading, after the used-car seller reported second-quarter profit, sales and used car prices that fell below Wall ...

Starting with a single Richmond, Virginia, location, which opened in 1993, CarMax has grown to over 240 locations across the U.S. Touting itself as the country's largest used car retailer, the company ...

CarMax Inc. shares surged Friday, after first-quarter profit topped Wall Street's estimates, boosted by the biggest jump in used-vehicle sales in nearly four years. The results indicate that CarMax ...

The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax (NYSE: ...

The used-car retailer posted a profit of $89.9 million, or 58 cents a share, in the three months ended in February, compared with $50.3 million, or 32 cents a share, a year earlier. Revenue rose 7% to ...

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 ...

This is an archived article and the information in the article may be outdated.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

Carvana’s strategies are gaining traction and disrupting the used car market, while CarMax’s established model helps maintain its competitive position. The used car market is experiencing a period of ...

(iSeeCars) – So you want to sell your car. Whether it’s because you want a new car or because you no longer need a vehicle, you’re probably wondering where you should get rid of your wheels. One ...