CarMax lowers prices, trims margins, and increases marketing to boost used-car sales after declining revenue and earnings in ...
(Reuters) -CarMax is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump's latest tariffs on new car imports are expected to significantly boost demand for more ...
CarMax price cuts 2026 mark a strategic shift as the retailer lowers margins, boosts marketing, and restructures leadership ...
CarMax shares have declined 12% in the past year due to a stagnant used car market and rising credit losses. President Trump's 25% auto tariffs could indirectly benefit CarMax by increasing used car ...
[{"search_type":"general-inventory-search","vehicle_array":[{"trim":"SV","make":"Nissan","cat":"sedan_compact","year":"2022","seller_type":"dealership","model ...
CarMax's stock was having its worst day in three years as quarterly profit, sales and average used-car prices all fell. Its CEO cites 'angst' among consumers. CarMax said its most recent quarter was ...
[{"search_type":"general-inventory-search","vehicle_array":[{"trim":"LT","make":"Chevrolet","cat":"suv_midsize","year":"2023","customer_id":"5254008","stock_type ...
Used-vehicle sales came to about 169,557 models as the average selling price increased to $26,383. However, the average price of a new vehicle hovers around $50,000. Former CEO Bill Nash stepped down ...
I am upgrading CarMax from sell to hold after strong 1Q26 results and impressive retail growth, despite a tough macro environment. Management’s execution on pricing and inventory, especially the Value ...
CarMax, Inc. has unveiled a range of initiatives aimed at improving the used electric vehicle (EV) buying experience. The company is collaborating with partners to introduce a battery health ...
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