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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]
As a result of this sale, the company changed its name to AutoNation to highlight its focus on the automobile industry. [citation needed] In 1998, CarMax brought a lawsuit against Republic for copyright and trademark infringement. [14] CarMax received a $50 million jury award in its lawsuit, but it was overturned on appeal in 1998. [10]
Sonic's presence in the Houston area had traditionally been with domestic brands, but the acquisition of Momentum added BMW, Jaguar and Audi brands to the companies portfolio. This sale also represented the first direct acquisition of a Saturn franchise by a retail automotive group, with the purchase of two Bay Area Saturn stores. [14]
Embattled actor Armie Hammer, who fell from grace in 2021, says he sold his beloved pickup truck at CarMax because he can't afford gas in L.A. anymore.
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The first large luxury car produced by Audi was the Audi 100, which was released in 1968. The Audi 100 was replaced by the Audi A6 in 1994, which remains in production today. In 2010, the Audi A7 four-door fastback model range was added. The Ford Granada is an executive car produced by Ford Europe from 1972-1994.
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