Used car retailer CarMax (NYSE: KMX) is piloting an electric semi truck as a car hauler in California’s San Joaquin Valley. CarMax is leasing a Freightliner eCascadia from Penske Truck Leasing, and it ...
Part of the reason why you shouldn’t depend heavily on the internet and social media to receive decision-influencing information is due to the inaccuracy of framing. Take used-car retailing giant ...
Recent news from used car retailers Carvana and CarMax tells the story of two car industries in one. On the one hand, you have Carvana, the online retailer that allows you to buy or sell a vehicle ...
CarMax, Inc. released a report revealing significant trends in consumer interest in used electric vehicles (EVs) from January 2022 to February 2025. The data shows that monthly online searches for EVs ...
The percentage of monthly searches filtered by “Electric Vehicle” on carmax.com has nearly doubled from January 2022 to February 2025. In the same timeframe, average used EV prices at CarMax fell by ...
CarMax reported its 2025 first quarter earnings, causing a rise in share price. The company is making used car buying easier for American consumers. Despite market anxiety regarding tariffs and ...
The YouTube channel "What's Inside? Family" — which has over two million subscribers — recently tested how much a Tesla (NASDAQ:TSLA) Cybertruck could fetch from used car purchaser and retailer CarMax ...
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 ...
CarMax Inc.'s net income fell 33 percent to $152.4 million in its fiscal first quarter ended May 31 when compared with the same time last year in part because the company recorded fewer vehicle sales.