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Stock Market & Financial Investment News

News Breaks
October 8, 2012
09:35 EDTKMXCarMax retail revenue growth acclerating, says ITG Research
ITG Research said CarMax used retail revenue growth is tracking up 16.7% year-over-year vs. 13.3% and that same-store used unit retails sales are likely ahead of Street estimates.
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August 18, 2014
07:01 EDTKMXSonic Automotive announces pre-owned automotive retail concept
Sonic Automotive announced that EchoPark is the name of its pre-owned vehicle retail store concept. Launching in Denver this fall, EchoPark will offer a revolutionary customer experience while providing guests with a whole new way to search, buy, service and sell their pre-owned vehicles.
06:03 EDTKMXCarMax to get new rival in used cars, WSJ reports
Sonic Automotive (SAH) is expected to today announce the creation of EchoPark stores, a chain of pre-owned vehicle stores that would compete with CarMax (KMX), the Wall Street Journal reports. Reference Link

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