Consumers now expect the convenience and time savings that come with transacting digitally. Similarly, said Nick Gorton, chief innovation officer at Edmunds, dealers expect that their technology ...

Used-vehicle retailer CarMax is buying a $50 million stake in vehicle listings site Edmunds in a bid to gain further insight into vehicle listings and the shopping process in general as it rolls out ...

Used-vehicle retail giant CarMax Inc. plans to take a full ownership stake in popular automotive online research site Edmunds Inc. in a cash and stock deal. Goochland County-based CarMax believes ...

CarMax (NYSE: KMX), the nation's largest retailer of used vehicles, had a big Thursday when it announced its fourth-quarter fiscal 2021 and an agreement to acquire all of Edmunds in a $404 million ...