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LEGAL UPDATE: Sean Petersen, NIADA senior vice president of legal and governmental affairs, talks about recent legal issues affecting independent dealers.  One change in Nevada regulates the use of starter-interrupt and GPS devices.

CarMax Reports Higher Sales, Revenue

CarMax Reports Higher Sales, Revenue Featured

CarMax Inc. reported higher sales and revenue for the second quarter ended Aug. 31.

Net sales and operating revenues increased 2.9 percent to $4 billion.

Used unit sales in comparable stores increased 3.1 percent.

Total used unit sales rose 7 percent.

Total wholesale unit sales declined 1.3 percent.

CarMax Auto Finance income declined 2.4 percent to $96 million.

 

 

Read 5606 times Last modified on Wednesday, 21 September 2016 19:37
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