When it's time to replace their cars, many Toyota Prius owners choose another of the hybrids, according used-car retailer CarMax. More than 38% of CarMax customers who own a Prius purchase another one ...

The wave of M&A activity has been one of the biggest storylines in the auto industry this year, particularly among dealers and dealer groups, and that continues as October gets underway. Starting with ...

The fact Toyota is moving too slowly toward electrification has been acknowledged by the automaker itself, which has pledged to change that under the new leadership. But there's another indicator, a ...

Auto retailers and fintechs mostly reported growth in the third quarter amid mixed October retail sales and some layoffs.

Consumer interest in used EVs is on the rise, with some of the most popular gasoline cars getting traded in for EVs, according to data compiled by retailer CarMax. Search traffic for terms containing ...

From January 2021 to February 2024, monthly search volume for electric vehicles on CarMax.com increased by 177%. The following trends were identified from September 2023 to February 2024: “Our data ...

[{"search_type":"general-inventory-search","vehicle_array":[{"trim":"TRD Sport","make":"Toyota","cat":"truck_compact","year":"2025","seller_type":"dealership ...

Modern electric vehicles have now been on sale long enough to have their own impact on the used vehicle market. And as is the case for new vehicles, they’re becoming more and more popular among buyers ...

With a market cap of $13.5 billion, CarMax, Inc. (KMX) is the largest retailer of used vehicles in the U.S., offering a seamless shopping experience through both in-store and online platforms. The ...

The majority of people who buy a used Tesla Model 3 are trading in their internal combustion Honda Civics and Toyota Tacomas, according to a study from used vehicle retailer CarMax, which analyzed ...

CarMax KMX recently exited the new-vehicle retail business with the sale of the CarMax Kenosha Toyota new-car dealership to the Rydell Company. The decision to divest its new-car dealership franchise ...