Used-car retailer CarMax appointed former hotel industry executive Keith Barr as president and CEO effective March 16, the ...

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

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

CarMax, the nation's largest used-vehicle retailer, has agreed to pay hundreds of thousands of dollars to resolve federal allegations that it illegally repossessed vehicles belonging to members ...

By Svea Herbst-Bayliss NEW YORK, March 11 (Reuters) - 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 ...

Activist investor Starboard Value pushes CarMax to overhaul its digital platform, cut costs and boost competitiveness, aiming ...

CarMax shares climbed more than 7% in premarket trading after activist investor Starboard Value ...

By Abhinav Parmar March 11 (Reuters) - 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, ...

The activist investor has nominated its own CEO, Jeff Smith, to the CarMax board, along with Bill Cobb, the chairman and CEO of Frontdoor Inc., according to a statement Wednesday confirming an earlier ...

WASHINGTON (WAVY) — CarMax will pay at least $420,000 in damages to servicemembers and a civil penalty of nearly $80,000 to the U.S. as part of a settlement with the company after the Department of ...

Once you have their offers, look through each one carefully, looking for differences in pricing and digging into the details ...