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While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
CarGurus was founded in 2006 by Langley Steinert, a co-founder of TripAdvisor. [3] Langley Steinert was the company's CEO until January 2021, when CFO Jason Trevisan was named as the company's CEO. [4]
Cars.com’s Editorial team is responsible for the American-Made Index, [23] which tracks the most-American new cars made. Cars.com editor, Mike Hanley, is a juror on the North American Car, Truck and Utility Vehicle of the Year [ 24 ] panel of automotive experts, while its Editor-in-Chief Jennifer Newman is a juror on the World Car Award [ 25 ...
CARFAX was founded in Columbia, Missouri in 1984 by Ewin Barnett III and Robert Daniel Clark. In 1986, by working closely with the Missouri Automobile Dealers Association, the company offered an early version of the CARFAX vehicle history report to the dealer market.