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21 hours ago · Most people broadly sense it, but CarMax just verified it -- the used car market is weakening. Last quarter's sales of 211,132 cars to consumers, plus another 147,685 wholesale vehicles, were down ...
Jun 10, 2024 · CarMax, of Richmond, Va., will add a badge highlighting all vehicles potentially eligible for the used EV tax credit to its website by Jan. 1, according to the news release.
6 hours ago · As an authorized partner of CarMax and a RepairPal-certified auto shop, Auto Lab ensures customers can have their vehicles serviced by experienced technicians who meet rigorous quality standards. This partnership with RepairPal, the nation’s leading network of certified repair shops, means that Auto-Lab has been thoroughly vetted for quality ...
5 days ago · July 1, 2024 at 12:49 p.m. NEW KENT — New Kent County has granted a $150,000 economic development performance incentive to CarMax for the building of an auto auction center. Plans for the center ...
Jun 25, 2024 · Things are changing at CarMax. With retail used-vehicle sales and gross profit down 3.1% year-over-year for the quarter ending May 31 – the first quarter of the company’s 2025 fiscal year –...
1 day ago · Claims exceed $5 million threshold for federal jurisdiction. Judge: Arbitration agreements are both conscionable and valid. CarMax Auto Superstores Inc. won its bid in federal court to compel arbitration for claims in a former worker’s proposed wage and hour class action after he sought to remand the case to a state court.
Jun 21, 2024 · CarMax's Q1 net income falls 33% to $152 million, revenue slips 7.5%. The company said it retailed 211,132 used vehicles in its fiscal first quarter, down 3.1%. Same-store used-vehicle retail ...
