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Tesla led used EV sales in 2025, but competitors are closing fast
Tesla spent 2025 as the default choice in the used EV aisle, but the numbers now point to a market that is broadening fast ...
CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...
It’s official, the Ram 1500 TRX is back. After what is likely one of the most tumultuous automotive turnarounds as of late, ...
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Florida woman blindsided after CarMax car is discovered to be stolen
A Florida woman thought she had done everything right by buying a late‑model vehicle from a national used‑car chain, only to ...
BMW's electric SUV is expensive but depreciation is making used models attainable on CarMax. After extreme depreciation, the iX may be a steal for some fans of EVs and the BMW brand. Used electric ...
Morgan Stanley downgrades CarMax's stock just a month after saying there was hope for the used-car retailer CarMax's trajectory has worsened due to increased competition and ongoing strategy problems, ...
A CarMax dealership in Pleasant Hill, Calif. The used-car retailer forecast a weak quarter. (David Paul Morris/Bloomberg News) CarMax terminated Chief Executive Bill Nash, as the board expressed ...
RICHMOND, Va. -- Days after laying off hundreds of employees amid a declining stock price and faltering earnings, CarMax is now making a big change at the top of its c-suite. The Goochland-based used ...
The used car market is shifting. Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows ...
Member of the Board David McCreight Named Interim President and CEO; Chair of the Board, Tom Folliard, to be Interim Executive Chair of the Board Search for Permanent CEO Underway Provides Preliminary ...
Amid forecasts of dismal third quarter earnings, Bill Nash is out as president and CEO at national used-vehicle retailer CarMax, even as its chief rival, Carvana, marked record quarterly results. Nash ...
CarMax (KMX) saw its stock plunge 13% at the market open after the nation's largest used-car retailer announced the abrupt departure of its CEO and offered up a grim preliminary outlook for its fiscal ...
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