TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%
TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%
TSLA385.190-13.31%
GM92.4304.09%
F12.6700.36%
RIVN14.0600.77%
CYD21.510-0.68%
HMC35.2201.23%
TM199.4606.46%
CVNA77.5506.27%
PAG212.3000.09%
LAD315.64016.87%
AN183.4704.96%
GPI272.8107.8%
ABG208.88011.11%
SAH64.0503.37%


CarMax

Shares of CarMax plunged 20% in trading Thursday after the used auto retailer reported weaker-than-expected quarterly results.

CarMax shares tumble 20% after earnings miss, lowest close since March 2020

- September 26, 2025
On the Dash: CarMax shares fell 20% to $45.60, their lowest close since March 2020, after missing Wall Street’s earnings and revenue expectations. Quarterly revenue dropped 6% to $6.6 billion...
Headlines Articles

Toyota owners most-likely to trade in their vehicle for a used EV — CarMax report

- May 1, 2023
According to a recent report by used car dealer CarMax, Toyota was the most traded-in brand for used EVs in the U.S. between September 2022 and February 2023, with 12%...
Headlines Articles
CarMax

CarMax joins Carvana in 2022 used vehicle woes as profits fall 86%

- December 26, 2022
CarMax has announced cuts to hiring and stock buybacks in an effort to recoup from a devastating third quarter. The company suffered an 86% profit decline in the last stretch of...
Articles Headlines
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%...
Headlines Articles

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...
Articles Headlines
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...
Sales & Marketing Publishing Partners

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...
Daily Automotive News Featured
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...
Daily Automotive News Articles
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...
Daily Automotive News Articles
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...
Daily Automotive News Future of Automotive

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