Consumers now expect the convenience and time savings that come with transacting digitally. Similarly, said Nick Gorton, chief innovation officer at Edmunds, dealers expect that their technology ...

After purchasing a minority stake in the company in early 2020, CarMax said Thursday it will acquire the remaining shares of Edmunds. The retailer invested $50 million in the online car shopping guide ...

After buying a minority $50 million stake in Edmunds back in 2020, CarMax is going all in. The company has signed a definitive agreement to acquire Edmunds, an online guide for automotive information ...

CarMax will continue to reinforce its online shopping tools with its latest purchase. America’s biggest used car retailer will buy the remainder of Edmunds.com, bringing the informational website ...