Amazon will allow auto dealers to sell cars on its site, starting with Hyundai
Publishing timestamp: 2023-11-16 16:07:42
Summary
Amazon will allow auto dealers, starting with Hyundai, to sell cars through its site. Shoppers will be able to buy cars on Amazon, but the dealer is still the end seller. Amazon plans to let shoppers purchase new cars online and pick them up or have them delivered by their local dealership starting in 2024. The move is expected to change the ease of buying vehicles online and create convenience for customers. Shares of used car dealers and new car dealers fell following the announcement. Traditional automakers have complex relationships with dealers, making it difficult to bypass franchised dealers and sell new vehicles directly to consumers.
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