In the auto industry, lawsuits usually go one way. Automakers are often the defendants in cases involving recalls, warranty disputes, or franchise disagreements. This time, the script is flipped.

Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr, ...

With resources like Carvana and TrueCar — where consumers can choose from millions of in-stock vehicles, buy online and have the vehicle delivered to their driveway — the job of a car salesperson is ...