Car repossession rates have approached Great Recession levels in recent years, driven in part by post-pandemic economic ...
With car prices soaring, one man deploys dealer speak to talk down the sticker price on behalf of buyers: “You’re hiring a middleman to deal with the middleman to make the middleman more efficient.” ...
If you had to pick an automaker with a significant U.S. presence to bet on, why in the world would you choose Stellantis? This could be why.
Carvana (CVNA) approved a 5-for-1 stock split pending shareholder approval at its May 5 annual meeting, which would reduce the post-split price to roughly $60 per share and potentially broaden retail ...
CarMax, Inc. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operators. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF ...
The used car giant just quietly bought a sixth Chrysler Dodge Jeep Ram location, rattling some traditional retailers. It's ...
While the broader market has been grinding lower in early 2026, CarGurus (NASDAQ:CARG) has been quietly doing something most auto marketplace competitors can only dream about: growing faster, getting ...
Investing.com-- Activist investor Starboard Value has leveraged its $350 million stake in CarMax (NYSE:KMX) to nominate two directors to the used car retailer’s board. The activ ...
Rising affordability pressures are beginning to reshape the U.S. auto market. According to Cox Automotive, new-vehicle sales are expected to decline year over year as higher prices and borrowing ...
Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr.
Key Takeaways A new CEO is set to take over at used-car buyer and seller CarMax later this month. Activist investor Starboard ...
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