TSLA400.52511.62539%
GM81.0953.045%
F12.8850.445%
RIVN17.1570.2674%
CYD43.4251.1031%
HMC24.9950.635%
TM217.7954.935%
CVNA389.04026.8%
PAG161.6205.6%
LAD282.7807.91%
AN207.9309.64%
GPI349.34013.86%
ABG211.3107.22%
SAH70.6303.26%
TSLA400.52511.62539%
GM81.0953.045%
F12.8850.445%
RIVN17.1570.2674%
CYD43.4251.1031%
HMC24.9950.635%
TM217.7954.935%
CVNA389.04026.8%
PAG161.6205.6%
LAD282.7807.91%
AN207.9309.64%
GPI349.34013.86%
ABG211.3107.22%
SAH70.6303.26%
TSLA400.52511.62539%
GM81.0953.045%
F12.8850.445%
RIVN17.1570.2674%
CYD43.4251.1031%
HMC24.9950.635%
TM217.7954.935%
CVNA389.04026.8%
PAG161.6205.6%
LAD282.7807.91%
AN207.9309.64%
GPI349.34013.86%
ABG211.3107.22%
SAH70.6303.26%


CarMax

CarMax

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

- October 3, 2022
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 shares are now down almost 50%...

CarMax Q1 earnings exceed analyst expectations

- June 28, 2022
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 indicators for investors to consider regarding...
recon

Carvana & CarMax’s ramped-up reconditioning operations make efficient & lean recon operations an imperative for dealers

- September 20, 2021
Nearly every dealer in the country is feeling the pinch on new and used vehicle inventories, with sellable inventory levels down as much as 70% for some dealers. To offset...

Ryan Kerrigan discusses the state of the industry and trends in the used car market

- July 9, 2021
June numbers are officially in and the strength of used vehicles is leading to record returns on inventory. These dynamics are also affecting car dealership valuations. Joining us on today’s...
CarMax

CarMax set to acquire Edmunds in $404 million transaction

- April 1, 2021
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 in the industry. CarMax had already...
CarMax

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

- March 5, 2021
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 through the difficulty that COVID-19 has...
auto

Robust Q3 earnings and aggressive hiring for automakers signal industry resilience

- October 30, 2020
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
Kerrigan Report

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

- August 12, 2019
 Welcome to the Kerrigan Advisors Market Update with Bridget Fitzpatrick and Ryan Kerrigan, founder and managing director of Kerrigan Advisors. In July we see a significant increase in number, with...
CarMax

CarMax’s Potentially Revolutionary Service: Home Delivery

- March 4, 2019
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 quite an unlikeable experience due to...
one-price selling

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

- February 9, 2018
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 Carmax, the largest used-car retailer in...


CBT News
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