Tag: used-vehicle sales

Industry Focus Areas, Motorized Vehicle

Sonic updates Q2 outlook amid improving used-vehicle sales

June 16, 2020

Via: Automotive News

Used-vehicle sales for Sonic Automotive Inc. so far in June have been higher than a year ago for the retailer’s franchised and EchoPark locations. The rise in used-vehicle sales is part of a steady increase in overall operations since the […]

Logistics, Process

CarMax Q3 net earnings drop 9 percent as omnichannel rollout continues

December 20, 2019

Via: Automotive News

A favorable used-vehicle sales environment in the U.S. led to higher revenues and gross profits for CarMax Inc. in its third quarter, but stock compensation and advertising support for the company’s omnichannel retail rollout dented net profits. The nation’s largest […]