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 ...
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CarMax jumps as Starboard presses cuts
CarMax shares climbed more than 7% in premarket trading after activist investor Starboard Value ...
CarMax KMX.N is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more affordable ...
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 ...
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. shares surged Friday, after first-quarter profit topped Wall Street's estimates, boosted by the biggest jump in used-vehicle sales in nearly four years. The results indicate that CarMax ...
To boost domestic production, U.S. President Trump is imposing 25% tariffs on imported cars and key auto parts, including engines, powertrains, and transmissions. These tariffs, set to take effect ...
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 ...
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