CarMax

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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