The used-car retailer's CEO says lower prices and margins will be accompanied by an increased marketing spend.

CarMax price cuts 2026 mark a strategic shift as the retailer lowers margins, boosts marketing, and restructures leadership ...

CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...

CarMax Inc.’s stock took a dive toward a more than five-year low in early Thursday trading, after the used-car seller reported second-quarter profit, sales and used car prices that fell below Wall ...

So you want to sell your car. Whether you’re upgrading to something new or no longer need a vehicle, deciding where to sell ...

The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological ...

The used-car retailer posted a profit of $89.9 million, or 58 cents a share, in the three months ended in February, compared with $50.3 million, or 32 cents a share, a year earlier. Revenue rose 7% to ...

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 ...

Carvana’s strategies are gaining traction and disrupting the used car market, while CarMax’s established model helps maintain its competitive position. The used car market is experiencing a period of ...