Used-car retailer CarMax Group saw sales rise 22% to $779.2 million in the fourth quarter (ended Feb. 28), up from $640 million year-ago. Total fiscal year sales also were up, rising 28% to $3.2 billion from $2.5 billion in like-2001. CarMax President W. Austin Ligon, says the increase was due to strong new- and used-car sales in every quarter. He also says 0% and other low-interest financing offers by auto makers helped the group post strong numbers. He expects 2003 sales also to be ...

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