CarMax is shifting gears with its brand. The national used-car retailer has introduced a new tagline — “Wanna Drive?”— moving on from the familiar “The way car buying should be,” which it has used for ...

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, ...

CarMax had a disappointing second quarter, with revenue and earnings declines. Management pointed to cost-cutting and marketing efforts aimed at mitigating a challenging economic environment. The ...

CarMax's stock was having its worst day in three years as quarterly profit, sales and average used-car prices all fell. Its CEO cites 'angst' among consumers. CarMax said its most recent quarter was ...