Carmax - Online Used Car Dealer Benefits from Rising Sales Thanks to US Import Tariffs!
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Business Driver: CarMax (KMX ) is one of the leading US retailers of new and used cars. With more than 245 locations across the USA, it offers consumers cars at fixed prices, while also providing financing packages and comprehensive inspection and maintenance services. As the prices for imported vehicles significantly increase in the US due to tariffs imposed by the US administration, CarMax is expected to benefit massively from higher sales, especially in the used car segment. On April 1, analysts at Wedbush expressed an optimistic outlook for...
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