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CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations. [3]
CarMax auto superstore in Raleigh, North Carolina. CarMax is a used car auto superstore concept developed in 1991 at Circuit City by Austin Ligon, then Circuit City's Senior VP of Planning, and Rick Sharp, then Circuit City CEO. The goal of CarMax was to revolutionize used car retailing through a combination of large selection (400+ used cars ...
The Chevrolet Beat concept car was unveiled at the 2007 New York International Auto Show alongside two other concept vehicles, the Trax and the Groove. The Beat is a three-door hatchback concept, derived from the Daewoo Kalos. It was designed by GM Daewoo in South Korea. It is powered by a 1.2 L turbocharged gasoline engine mated to an ...
CarMax (NYSE: KMX) Q3 2025 Earnings Call Dec 19, 2024, 9:00 a.m. ET. Contents: Prepared Remarks. ... In our retail business, total unit sales increased 5.4%, and used unit comps were up 4.3% ...
In December 2015, Scott Painter stepped down as CEO of TrueCar and was replaced by Chip Perry, the former CEO of AutoTrader.com. [26] [27] Under Perry, TrueCar's network of dealerships grew more than 24 percent quarterly over the prior year, as reported in July 2017.
William Austin Ligon (born ca. 1951) is the co-founder and retired CEO of CarMax. He retired in June 2006, and is now a private angel-stage investor. Among his recent investments are Gazelle, Redfin, Rev.com, Car Trade (India), Eneza Education and Tazza Kitchen. [1] [2] [3] [4]
The fourth-generation Honda CR-V is a compact crossover SUV manufactured by Honda since 2011, replacing the third-generation CR-V.It debuted as a concept model called the CR-V Concept in Los Angeles, United States in September 2011, and went on sale in the country in December 2011.
Articles on concept cars should include information provided by the manufacturer's press releases, or from interviews with company executives related to the vehicle, or from authoritative secondary sources from the automotive media. Direct quotes and verifiable links to such public press releases and media articles should be included in the ...