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CarMax Reports Total Used Unit Sales Rose 3%
RICHMOND, Va. — CarMax, Inc. (NYSE:KMX) this week reported results for the first quarter ended May 31, 2012. Net sales and operating revenues increased 4% to $2.77 billion from $2.68…
Dealer NewsGM Financial Announces $1.2 Billion Senior Subordinate Asset-Backed Securitization
FORT WORTH, Texas — General Motors Financial Company, Inc. (“GM Financial” or the “Company”), announced the pricing of a $1.2 billion offering of automobile receivables-backed securities through lead managers Barclays,…
Sales and FinanceAvis Budget Group Launches Ultimate Test Drive for Consumer Purchases of Off-Rental Vehicles
PARSIPPANY, N.J. — Avis Budget Group, Inc. (Nasdaq:CAR) this week introduced the Ultimate Test Drive, a new program designed to respond to consumer demand for the purchase of well-maintained used…
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