Retailers vie for squeezed used-vehicle supply
Used-vehicle supply is constrained, creating a competitive market for dealers and retailers looking to acquire used cars directly from consumers. ...
Tag: CarMax
Tesla’s steep price cuts help get the used EV market humming
Since early last year, the cars rolling off Tesla Inc.’s California assembly lines have been selling for steadily lower prices. This has ...
CAF looks to increase penetration in nonprime
CarMax Auto Finance plans to increase its penetration rate in lower credit tiers after affordability challenges continued to hamper sales ...
CarMax Auto Finance originations fall 9%
CarMax Auto Finance’s originations and penetration rate declined during the third quarter of its fiscal 2024 as the financier tightened ...
CarMax Auto Finance originations fall 4% YoY
CarMax Auto Finance logged a decline in origination volume in the second quarter of its fiscal year 2024 as elevated ...
Podcast: ‘Weekly Wrap’ on credit performance, CAF earnings
CarMax Auto Finance is the latest auto lender to brace for an increase in delinquencies ahead of second-quarter earnings season ...
CarMax Auto Finance provisions rise 40% YoY
CarMax Auto Finance increased its credit loss provisions in its fiscal year 2024 first quarter due to “unfavorable” portfolio performance ...
CarMax names EVP and other staff moves
Charles Joseph Wilson named EVP and COO at Carmax Used-car retailer CarMax announced last month that Charles Joseph Wilson is ...
