Your #1 source for auto industry news and content

Home Tags CarMax

Tag: CarMax

CarMax

CarMax Q2 earnings fall short, says inflation is shrinking car demand

0
CarMax saw its stock plummet after an announcement that it missed second-quarter earnings expectations. Shares dropped nearly 25%, marking a new 52-week low. CarMax...

CarMax Q1 earnings exceed analyst expectations

0
Used vehicle retailer CarMax revealed financial first-quarter results that exceeded Wall Street forecasts. Shares are up as a result, however, there are still some alarming market...
recon

Carvana & CarMax’s ramped-up reconditioning operations make efficient & lean recon...

0
Nearly every dealer in the country is feeling the pinch on new and used vehicle inventories, with sellable inventory levels down as much as...

Ryan Kerrigan discusses the state of the industry and trends in...

0
June numbers are officially in and the strength of used vehicles is leading to record returns on inventory. These dynamics are also affecting car...
CarMax

CarMax set to acquire Edmunds in $404 million transaction

0
Used-vehicle retailer CarMax announced that it has signed a definitive agreement to acquire Edmunds, one of the most notable automotive research and vehicle-listing firms...
CarMax

CarMax issuing bonuses for 22,000 staff to reward efforts during COVID-19

0
On Wednesday, CarMax announced that around 22,000 of their associates nationwide can expect to receive a bonus. The initiative is an acknowledgement for working...
auto

Robust Q3 earnings and aggressive hiring for automakers signal industry resilience

0
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
Kerrigan Report

Kerrigan Report: Lithia and CarMax Posting All Time Highs For July

0
 Welcome to the Kerrigan Advisors Market Update with Bridget Fitzpatrick and Ryan Kerrigan, founder and managing director of Kerrigan Advisors. In July we see...
CarMax

CarMax’s Potentially Revolutionary Service: Home Delivery

0
Car buying began in the late 1800’s and has gradually been evolving since then. Mark Rikess of WardsAuto noted that car buying can be...
one-price selling

Mark Rikess: More pro than cons on one-price selling

0
One-price selling is something that more dealerships are doing, but not everyone. Why isn't every dealership using this selling technique? It certainly works for...