Key Takeaways A new CEO is set to take over at used-car buyer and seller CarMax later this month. Activist investor Starboard Value has a few ideas for the company, which hopes to reverse a ...

CarMax Inc. said it sold fewer used cars than expected last quarter, adding pressure on interim management to turn the beleaguered used car retailer around. Comparable used vehicle sales shrank 9% in ...

By Abhinav Parmar March 11 (Reuters) - Activist investor Starboard Value on Wednesday urged CarMax's incoming CEO Keith Barr to revamp the used-car retailer's digital platform and tighten costs, ...

Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr.

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 ...

CarMax, which bills itself as the nation’s largest used vehicles retailer, has opened a second store in El Paso, eight years after opening the first one here. The new store is located along Interstate ...

With the help of a more stable environment for the used car market, CarMax (NYSE:KMX) said retail used unit sales were up 5.4% in the third quarter and wholesale sales increased 6.3% from last year, ...