CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...
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CarMax and Carvana: Steering the Used Car Market
The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological ...
(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 ...
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 ...
(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 ...
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 ...
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 ...
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’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.
A series of securities class action lawsuits has been filed against CarMax, alleging that past disclosures concealed operational headwinds, temporary demand pull-forward effects, and rising risks in ...
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