Autos

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CarMax (KMX) Q1 earnings

A view of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan | Getty Images Shares of CarMax fell roughly 8% during midday trading Wednesday after the company beat Wall Street’s quarterly earnings expectations and its new CEO detailed a high-level turnaround strategy for the company. Here’s how the company performed...
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Ineos and Damler Truck enlist in auto defense push

Ineos Grenadier SUV Courtesy Ineos Automotive Ineos Automotive on Tuesday announced a partnership to deliver vehicles for the U.K.’s Ministry of Defense, marking the latest in a series of recent collaboration agreements between Europe’s auto and defense sectors. The British carmaker, a subsidiary of one of the world’s largest chemical producers, Ineos Group, said in...
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