CarMax allegedly violated the Servicemembers Civil Relief Act, with each affected servicemember set to receive $15,000 in ...

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 ...

The used car giant just quietly bought a sixth Chrysler Dodge Jeep Ram location, rattling some traditional retailers. It's ...

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 ...

Activist investor Starboard Value on Wednesday urged CarMax to revamp its digital car-buying and selling platform and tighten ...

Activist investor Starboard Value on Wednesday urged CarMax's incoming CEO Keith Barr to revamp the used-car retailer's ​digital platform and tighten costs, arguing that the company has "fallen well ...

Starboard Value invests $350M in CarMax (KMX) stock, nominating two directors and pushing for cost cuts worth $300M. KMX down 42% in 12 months.

Starboard Value has taken a stake in CarMax and nominated two directors to its board, urging the used car retailer to improve ...

Starboard Value said ​it has taken a stake in CarMax and nominated two directors to its board, urging the used car retailer ‌to improve the experience of its digital users, cut costs and change its ...