The used car market is shifting. Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows ...

Thanks to the presence of online car marketplaces, buying or selling used cars is not the hassle it used to be. Two platforms, namely CarMax and Carvana, stand out due to their ease of use and ...

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 ...

CarMax crushed third-quarter earnings estimates early Thursday as the used-car retailer's revenue unexpectedly rose. CarMax stock jumped. Online auto sales rival Carvana tumbled. For the three months ...

UAW strike leads to decreased new car inventory, potentially benefiting used car market. Manheim Index shows used car prices stabilizing. Cox Automotive data indicates a 4.5% rise in used car sales ...

Based on recent securitization pricing and continued deterioration in the credit markets (increased delinquency rates), the analyst sees potential for KMX's net interest margin to be squeezed beyond ...

Dealership are seeing sales and prices drop as consumers tighten their belts, putting financial pressure on companies, like Carvana, that grew fast in recent years. By Neal E. Boudette About a year ...

CarMax reported a plunge in quarterly sales and plans to lower prices and increase marketing spending as it tries to regain its footing in the used-car market. The company is in the midst of searching ...

Two-door cars are nowhere near as popular as they were decades ago, but there are still quite a few on sale in the United States. CarMax recently released sales data that shows its coupes account for ...