CarMax

CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates

CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates
CarMax Reports Shoppers ‘Staying on Sidelines’ Amid High Interest Rates
September 28, 2023  |  Economy

Some would-be car buyers are putting off purchases due to higher interest rates, according to used auto retailer CarMax. Get the Full Story Complete the...

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CarMax Results Show Car Affordability Still an Issue Amid Higher Rates
CarMax Results Show Car Affordability Still an Issue Amid Higher Rates
June 23, 2023  |  Earnings

The used vehicle market might be seeing improvement, but affordability remains elusive. Get the Full Story Complete the form to unlock this article and enjoy...

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CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course
CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course
April 11, 2023  |  Earnings

The used car market is seeking stability against ongoing macro headwinds, as seen in the fiscal 2023 fourth-quarter performance of CarMax, the nation’s largest used...

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CarMax Expands Deployment of AI-Powered Vehicle Inspection Systems
CarMax Expands Deployment of AI-Powered Vehicle Inspection Systems
January 24, 2023  |  Artificial Intelligence

CarMax is rolling out artificial intelligence (AI)-powered vehicle inspection systems across its wholesale business. Get the Full Story Complete the form to unlock this article...

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CarMax Says Consumers Want to Buy, Finance and Sell Their Cars Online
CarMax Says Consumers Want to Buy, Finance and Sell Their Cars Online
December 28, 2022  |  eCommerce

Online car buying, where digital tools handle the tedious stuff, is remaking automotive checkout experiences. Get the Full Story Complete the form to unlock this...

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3 Real-Life Reminders That Consumers Love eCommerce, Connected Shopping
3 Real-Life Reminders That Consumers Love eCommerce, Connected Shopping
December 24, 2022  |  Connected Economy

The economy may be struggling, but consumers still want the convenience of eCommerce and tech-powered shopping. Get the Full Story Complete the form to unlock...

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CarMax Stock Skids in Q3 as Used Car Sales Sputter
CarMax Stock Skids in Q3 as Used Car Sales Sputter
December 22, 2022  |  Retail

An 86% drop in profits and 22% slump in used car sales saw CarMax stock slump sharply in early trading. Get the Full Story Complete...

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CarMax Earnings Point to Shaky Used Car Market
CarMax Earnings Point to Shaky Used Car Market
September 30, 2022  |  Economy

CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...

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CarMax Faced With Growing Consumer Demand for Cheaper Cars
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022  |  Retail

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the...

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