After one week serving as the President and CEO of Richmond-based CarMax, Keith Barr has released an open letter sharing his ...

Car repossession rates have approached Great Recession levels in recent years, driven in part by post-pandemic economic ...

CEO Keith Barr outlines omnichannel, SG&A cuts, and better online buying to restore growth as Starboard pushes change.

The used car business runs on contracts, credit checks, and the occasional unpleasant phone call about missed payments. But ...

CarMax, which claims the title of nation’s largest retailer of used cars, now claims the title of first U.S. auto retailer to ...

CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...

Starboard Value has built a roughly $350 million stake in CarMax (NYSE:KMX). The activist investor is launching a campaign ...

(iSeeCars) – So you want to sell your car. Whether you’re upgrading to something new or no longer need a vehicle, deciding where to sell can feel overwhelming. One popular option is CarMax, the ...

Activist investor Starboard Value is suggesting that CarMax clip a few hundred bucks off its prices and shift to more dynamic pricing in order to make it more competitive for market share.