The Latest Breaking News from Carmax

Fuelled by robust demand, shifting consumer demands, and technological advancements, the auto industry is booming. So, let us discuss how fundamentally strong auto stocks Group 1 Automotive (GPI), Rush Enterprises (RUSHA), and Cars.com (CARS) might be poised for gains more than CarMax (KMX). Keep reading.

Every gambler needs to know the house always wins, even the institutional investors as CarMax’s recently volatile session proved.

Wall Street expects used car retailer CarMax (KMX) to post a year-over-year decline in revenue and earnings for the second quarter. Should one invest in the stock before its earnings results are reported? Read on to learn my view….

The most traded-in brand for EVs was Toyota, with 12 percent, followed by BMW and Ford with 8 percent each.

Sales of new manual-equipped cars increased to 1.7% of the total market this year, up from 0.9% in 2021.

Carvana has shot up by a whopping 904% in 2023. Will the rally continue or does it have some steam left?

CarMax recently published its 2023 EV Consumer Report, and it's packed full of compelling details. EVs are gaining popularity and prices have been fluctuating.

Toyota owners are trading in their cars for used EVs more than owners of any other vehicle brand in the United States, according to a recent CarMax report.

While CarMax enjoyed a significant bump up on Tuesday following a solid earnings print, KMX stock may benefit from normalization trends.

Even if you haven’t tried artificial intelligence tools that can write essays and poems or conjure new images on command, chances are the companies that make your household products are already starting to do so. Mattel has put the AI image generator DALL-E to work by having it come up…

When Tesla dropped its prices last year, used Tesla prices began to drop notably. After the more recent price drop, pre-owned prices plummeted and sales soared.