CarMax Named One of TIME’s America’s Most Iconic Companies

RICHMOND, VA, Feb. 04, 2026 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, has been recognized by TIME Magazine as one of America’s Most Iconic Companies. The project, created in partnership with Statista Inc., marks the 250 th anniversary of the United States and honors 250 companies that have become enduring symbols of American business, culture, and identity. This positive recognition reaffirms CarMax’s decades-long dedication to providing a transparent and customer-centric experience. CarMax is honored to be included among other automotive brands, including Ford Motor Company, General Motors, and Tesla.

CarMax’s commitment to innovation and iconic customer experiences has helped make the company the nation's largest retailer of used cars. As the original disruptor of the automotive industry, CarMax’s "no-haggle" prices transformed car buying and selling from a stressful, dreaded event into the honest, straightforward experience all people deserve. Today, customers can shop and sell their way, whether that's online, in the store, or a seamless combination of both.

“We’re incredibly proud to be included on this list among some of the most enduring and beloved brands in America,” said Sarah Lane, SVP and Chief Marketing Officer, CarMax. “This recognition is a testament to the trust CarMax has built with customers over more than three decades. CarMax continues to set the standard for car buying by empowering customers at every step.”

About America’s Most Iconic Companies 2026 List

TIME and Statista evaluated companies using a multi-dimensional methodology designed to capture not just performance, but cultural and emotional resonance. The study is based on an independent survey of more than 10,000 members of the U.S. general population, which was completed in the summer of 2025. Additional in-depth research was conducted to verify companies’ eligibility criteria and market presence.

Criteria

About CarMax