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CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia.
The company rolled out the platform across its existing dealership base while announcing intents to utilize the brand in markets in which it did not currently own stores. On September 29, 2021, Asbury purchased the Utah-based Larry H. Miller Dealerships for $3.2 billion, along with its Total Care Auto (TCA) vehicle protection plan business. [20]
The first Kia-branded vehicles in the United States were sold from four dealerships in Portland, Oregon, in 1993. [19] Since then, Kia methodically expanded one region at a time. Dealers in 1994 sold the Sephia and a few years later the United States segment expanded their line with the Sportage. Over one hundred Kia dealerships existed across ...
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After college, Beyer began working at the Volvo dealership his father had purchased in 1973. In 1986, he and his brother Michael bought the business from their parents and as the Beyer Automotive Group, the business expanded to nine dealerships, including the Volvo, Land Rover, Kia, Volkswagen, Mazda, and Subaru brands. Beyer sold his share of ...
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