CarMax Q1 net jumps 21% on delayed consumer tax refunds

CarMax's earnings surged 21 percent in its fiscal first quarter on a bump in used-vehicle sales driven by a delay in federal tax refunds.

UPDATED: 6/22/17 9:02 pm ET -- corrected

JLR buy-sells get more complicated

Buy-sell deals between Jaguar and Land Rover dealers continue, but grow increasingly complex as the automaker pushes for consolidation and renovation.

Sign up for our weekly newsletter

Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

Newsletters