TLDR · BIG TECH & STARTUPS
AMAZON WILL ALLOW AUTO DEALERS TO SELL CARS ON ITS SITE, STARTING WITH HYUNDAI
Summary from the TLDR newsletter
Amazon will allow auto dealers to sell cars through its site starting next year with Hyundai. Shoppers will have the option to pick up their vehicles or have them delivered by a local dealership. They will be able to search for available vehicles in their area and then check out using their preferred payment or financing method. Shares of used car dealers fell following the announcement of the new service.