CarMax Finds the Used Car Tipping Point After Dismal Quarter

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Image of CarMax dealership and parking lot

Image: Justin Sullivan (Getty Images)

CarMax is trying its best to cope with an unwilling used car market, Volvo’s promising it won’t nickel-and-dime anyone over software, and success hasn’t been quite as simple as one self-driving trucking startup would like. All that and more in The Morning Shift for Thursday, December 22, 2022.

1st Gear: Not a Great Year for CarMax

There comes a point where people just won’t take ever-increasing prices anymore. CarMax evidently found that…

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