Amazon Expands Autos Business, Raising Concerns for Auto-Related Companies
Amazon is expanding its Autos business from a pilot program into a broader vehicle marketplace, working with dealerships as advertisers rather than taking transaction cuts. This move could threaten companies in listing sites and lead-generation businesses like Cars.com and CarGurus. Online car buying is expected to triple by the end of the decade, according to Allied Market Research.
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Topics: Amazon Autos Auto Industry Disruption Marketplace Expansion Online Car Buying