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Ford Edge was recognized as one of the "Best Cars for Families" in 2007 by AAA and Parents Magazine. Edge earned the IIHS "Top Safety Pick" rating for models built after January 2007; The 3.5-L Duratec 35 V6 was named one of the world's "10 Best Engines" by Ward. Ford Edge was named "2007 Urban Truck of the Year" by On Wheels, Inc.
On December 19, 2008, Fitch Ratings downgraded the Issuer Default Rating of General Motors and Chrysler to "C", indicating "default is imminent". [101] A December 22, 2008, article from Bloomberg reported that General Motors and Ford "had their debt cut further below investment status by Standard & Poor's and Moody's Investors Service.
CarMax will release its quarterly report on Tuesday, and investors don't seem nervous at all about the used-car retailer's prospects. Even though big automakers have reported huge increases in new ...
1996–2008 Before its acquisition by Republic Industries in 1997, but under the early division brand name "AutoNation", the company was a growing network of used automobile superstores. In 1995, H. Wayne Huizenga of Republic Industries became chairman of the board of directors [ 8 ] and through Republic's ownership of AutoNation, sought to ...
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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]
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