6 EVs similar to the Tesla Model Y

CarMax reports six electric SUVs that rival the Tesla Model Y, including the Ford Mustang Mach-E and Hyundai Ioniq 5, ...
Cars

CarMax Danvers

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The Business Journals

CarMax embraces AI to boost sales and efficiency, with focus on 'generative engine optimization'

Goochland-based used car giant CarMax Inc. says it is increasingly focused on rolling out AI technology across its operations to boost sales, marketing and efficiencies. On an earnings call last week, ...
Morningstar

Why CarMax's stock tumbled, even as used-car prices rose for first time 2 years

CarMax's stock is suffering its biggest drop since 2022 after disappointing earnings, and as long-term goals were put on hold given economic uncertainties Shares of CarMax Inc. were headed for their ...