CarMax is losing market share to competitors like Carvana. Its CEO stepped down in December. The stock looks cheap, but more ...

Wednesday’s firings are at least the third sizable round of job eliminations by the Fortune 500 firm since the summer of 2024 ...

The Detroit automaker said it will cover any issues with vehicle inventory sold on the site for 12 months or 12,000 miles.

Recent commentary around CarMax (KMX) has focused on shrinking same store sales, rising pressure from competitors like ...

CarMax cuts 230 jobs and ends hybrid work for corporate staff amid declining sales, leadership changes, and fierce ...

If you're looking to buy a used car and want the best deal possible, Mike Davenport, a former car salesman and owner of ...

This week's car shopper wants to fulfill his stick shift dreams before practicality takes priority. But which manual stirs ...

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees, including 113 in the ...

Barely two months after laying off 350 employees, including many locally, CarMax has just cut hundreds more jobs.

More than 230 CarMax employees were laid off on Wednesday, including 113 in the Richmond area, according to a CarMax ...

America's Car-Mart closed more locations as part of its strategy to put a lid on costs and boost efficiency. The automotive dealership operator said Tuesday it consolidated 13 locations into ...

Dealerships are shifting focus from lead volume to engagement, using video and AI to improve conversions and shorten the sales cycle.