Consumers now expect the convenience and time savings that come with transacting digitally. Similarly, said Nick Gorton, chief innovation officer at Edmunds, dealers expect that their technology ...

Used-vehicle retailer CarMax is buying a $50 million stake in vehicle listings site Edmunds in a bid to gain further insight into vehicle listings and the shopping process in general as it rolls out ...

Used-vehicle retail giant CarMax Inc. plans to take a full ownership stake in popular automotive online research site Edmunds Inc. in a cash and stock deal. Goochland County-based CarMax believes ...

CarMax will continue to reinforce its online shopping tools with its latest purchase. America’s biggest used car retailer will buy the remainder of Edmunds.com, bringing the informational website ...

CarMax (NYSE: KMX), the nation's largest retailer of used vehicles, had a big Thursday when it announced its fourth-quarter fiscal 2021 and an agreement to acquire all of Edmunds in a $404 million ...

Starting with a single Richmond, Virginia, location, which opened in 1993, CarMax has grown to over 240 locations across the U.S. Touting itself as the country's largest used car retailer, the company ...