New EV sales fell 28% to 212,600 in Q1 2026 after tax credit expiration, but used EV sales jumped 12% to 93,500 units as ...

New CarMax CEO Keith Barr signals a reset as the company works to improve performance. Sales dropped roughly 2% while profits ...

Prosecutors claim that CarMax dealerships had regularly failed to properly handle registration transfers and ownership ...

CarMax allegedly violated the Servicemembers Civil Relief Act, with each affected servicemember set to receive $15,000 in compensation. CarMax will pay at least $420,000 for violating Servicemembers ...

Finding the best place to buy a used car can seem overwhelming. Knowing the pros and cons of each can help. This page includes information about these cards, currently unavailable on NerdWallet. The ...

Before joining Investopedia, David Marino-Nachison was an editor at The Wall Street Journal focused mainly on daily markets and investing news. He also worked on The Journal’s publishing desk; as a ...

CarMax's average selling price last year was a bit above $26,000. Shares of CarMax (KMX) were recently up about 2%, after rising as much as 8% earlier Wednesday following news that activist firm ...

CarMax, which claims the title of nation’s largest retailer of used cars, now claims the title of first U.S. auto retailer to make both the car-buying and -selling experience available within ChatGPT ...

RICHMOND, VA, Feb. 27, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced a first-of-its-kind milestone by becoming the first U.S. auto ...

CarMax is on the hook for nearly $500,000 after the US Justice Department alleged it illegally repossessed vehicles from active duty servicemembers. Most of that money will go directly to those ...

GOOCHLAND COUNTY, Va. (WRIC) — Central Virginia-based CarMax, Inc. will pay out nearly $500,000 to resolve allegations that it illegally repossessed dozens of vehicles owned by military service ...