As inflation jumps, used car prices are soaring 50% according to CarMax data The used car market is a primary driver of inflation, and the top 10 carmakers are seeing price increases as high as 50% as inflation reaches 13-year highs. Ivan De Luce 7.13.21 7:00 PM Markets
Used cars are white hot, and Shift is the latest online disruptor to head to public markets Shift is the latest used car retailer to line up for an initial public offering - when will the market wave the caution flag? Jon Marino 6.22.20 1:23 PM Markets
The used car industry is in trouble: prices crash after inventory drops at CarMax If consumers aren't selling their pre-owned cars, and others aren't buying them, CarMax is going to have a bad time. Joshua Fruhlinger 5.11.20 2:14 PM Innovation
How Guy Griffithe went from making a thumb wrestling mockumentary to promoting a pot investment scam The president of Bridgegate Pictures Corp., who has made at least nine flicks and worked with VR film specialist Travis Cloyd, now owes $5.3 million for his role in a "Ponzi-like" scheme. Christie Smythe 11.29.21 6:14 PM Outcasts
Here's how much CarMax has cut back as it weathers the Coronavirus pandemic CarMax has implemented numerous policy and business changes to stay on the road - but are they enough? Matthew Broberg-Moffitt 4.23.20 2:12 PM Markets
CarMax releases statement about why it isn't selling used Teslas... sort of After months of silence, CarMax has released a statement to Thinknum as to why Teslas are unavailable in its used-car marketplace. Joshua Fruhlinger 1.21.20 2:19 PM Innovation
Hummers gained $6,000 in after-market value in October, Mercedes' lost $900 After the most-expensive summer on record for used cars, some brands gained - and lost - more than others this fall. Joshua Fruhlinger 11.5.19 2:42 PM Innovation
Accused stock scalper “Alex DeLarge” was arrested and kicked off of Twitter — now users are asking: who’s next? Twitter plays host to numerous anonymous accounts pumping stocks. Users are openly wondering which others might be “leading sheep to the slaughter.” Christie Smythe 10.28.21 6:59 PM Outcasts