CarMax

Online Auto Industry Stalls as Consumers Drive New Digital-First Experiences

Online Auto Industry Stalls as Consumers Drive New Digital-First Experiences
Online Auto Industry Stalls as Consumers Drive New Digital-First Experiences
June 28, 2024  |  Retail

With consumers unwilling to trust eCommerce channels to complete their car-buying journeys, the online auto sales industry is seeing shifts. Get the Full Story Complete...

READ MORE >
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
June 21, 2024  |  Earnings

The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues...

READ MORE >
CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
April 11, 2024  |  Retail

CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars. Get the Full...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >