CarMax opens first four-lane auction on West CoastFri, 17, Feb 2017
CarMax opened a vehicle reconditioning and four-lane auction center in Murrieta, Calif., on Thursday, making it CarMax’s largest multipurpose location on the West Coast, the used-vehicle mega-retailer said.
CarMax quarterly earnings rise 6.6% to $137 millionTue, 20, Dec 2016
FTC settles charges with used-car dealerships over recall disclosuresFri, 16, Dec 2016
Three of the nation's 20 largest used-car dealership groups agreed to settle charges that they failed to adequately disclose that some vehicles they sold had safety recalls and were not repaired, the Federal Trade Commission said today.
CarMax expands used-car store footprintMon, 28, Nov 2016
CarMax, extending its lead over other publicly held auto retailers entering the stand-alone used-car store market, continues its expansion, opening its first store in Michigan this month. Store No. 167, near Grand Rapids, puts the retailer closer to its goal of becoming a national brand.
CarMax's certification checklist fails Calif. law, court rulesFri, 21, Oct 2016
A federal appeals court in California ruled that CarMax's component inspection checklist violates a state statue that requires dealers to provide consumers a “completed inspection report” prior to the sale of any certified used vehicle.
NextGear Capital will finance vehicle purchases at CarMax auctionsWed, 27, Jul 2016
CarMax adds auction sites, eases registrationMon, 27, Jun 2016
More and more, CEO pay is linked to stockMon, 20, Jun 2016
CarMax quarterly earnings slide 3.6% despite revenue gainTue, 21, Jun 2016
Used-car sales surge at top groupsMon, 25, Apr 2016
Automotive News' annual list of the top 100 dealership groups based in the U.S. ranked by used-vehicle sales shows industrywide strong unit sales increases, with 43 of the groups listed posting gains of 10 percent or more.
1 million used-sales year for CarMaxMon, 11, Apr 2016
CarMax Inc., for the first time in its history, sold more than 1 million used vehicles, retail and wholesale combined, in a single fiscal year. The used-vehicle retail specialist also said it expects to open 15 new stores in the fiscal year that began March 1.
CarMax sells more than 1 million used vehicles in latest yearThu, 07, Apr 2016
CarMax makes history by selling more than 1 million used vehicles, retail and wholesale, in a single fiscal year. The used-car retailer plans to open 15 new stores this fiscal year, following a quarter when its net income fell 1.5 percent.