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Amazon says it will soon sell cars on its website
Amazon says it will soon sell cars on its website
Amazon has announced plans to start selling cars on its website, marking a major new product category for the online retail giant that made its start selling books. The e-commerce firm said on Thursday that it will launch vehicle sales in the US in the second half of 2024, allowing local car dealers to sell directly to customers on its site. In a joint announcement with South Korean car manufacturer Hyundai, the two companies said Amazon will begin by offering Hyundai vehicles. In turn, Hyundai will name Amazon’s cloud computing unit AWS as its preferred cloud provider and integrate its next-generation vehicles with Alexa, Amazon’s popular voice assistant. The idea, according to Amazon, is to have customers purchase a new car online and pick it up – or have it delivered – from their local dealer. Amazon did not say how many dealers would be participating in the program or if customers across the US would be able to make purchases. An Amazon spokesperson said the company would release more details as it builds the program, which is expected to begin with Hyundai franchised dealers and launch during the later part of next year. Currently, Amazon sells vehicle equipment online and offers a showroom for consumers who want to research different types of cars they may want to buy. But consumers can not directly purchase a vehicle on its platform. The announcement shows Amazon’s ambitions to grow its footprint through dealers in an industry that has strong lobbying forces and heavy state regulations. Nearly all states require manufacturers to sell their vehicles through dealerships to ensure the automakers don’t undercut their own network of franchised dealers. Despite its vision, Amazon might face challenges convincing consumers who might not feel comfortable making such a large purchase on its platform. In a statement, an Amazon spokesperson said customers are increasingly purchasing vehicles online and the company will provide a “range of solutions that add transparency” to the car buying process to help them make an informed decision. The latest move comes as Amazon faces another class action lawsuit over refunds on returned products, with plaintiffs accusing the retailer of failing to issue refunds for returned products. The lawsuit was filed in federal court in Amazon’s hometown of Seattle this week. Additional reporting from agencies. Read More ‘We are broken’: Armenia looks to technology to rebuild Ring to preview security features with abuse charity to boost safety SpaceX is launching the world’s biggest rocket – follow live Battery breakthrough brings ‘unprecedented performance’ to next-gen cells
1970-01-01 08:00
Boeing Is at Risk for Still More Delays — and Losses — for Costly Air Force One Planes
Boeing Is at Risk for Still More Delays — and Losses — for Costly Air Force One Planes
The US Air Force is reevaluating the schedule for delivery of the two new planes for the presidential
1970-01-01 08:00
Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
Europe’s Banks to Focus on Cost Cuts as Rates-Driven Boom Fades
European lenders are set to focus more on cost savings in 2024, as benefits from rising interest rates
1970-01-01 08:00
Iceland volcano – live: Eruption likely scientists warn as country’s ‘biggest bulldozer’ builds defences
Iceland volcano – live: Eruption likely scientists warn as country’s ‘biggest bulldozer’ builds defences
A volcanic eruption could destroy the Icelandic town of Grindavik or lead to extensive ash clouds, experts have warned. The country has been shaken by more than 800 small earthquakes, prompting fears that the tremors could disrupt the Fagradalsfjall volcano on the Reykjanes peninsula in the southwest of the country. Scientists have said an eruption at some point is ‘likely’. It comes as a Caterpillar D11 - said to be Iceland’s biggest bulldozer - has been dispatched to help build defences. The huge piece of equipment is constructing trenches to reduce the damage caused by any eventual disaster. Almost 4,000 people were evacuated from Grindavik over the weekend as authorities feared that molten rock would rise to the surface of the earth and potentially hit the coastal town and a geothermal power station. Ragga Agustsdottir, who lives close to Grindavik, said residents were fearful of what could happen if an eruption struck. Scientists have warned Iceland’s south-western peninsula could face “decades” of volcanic instability following eruptions along the peninsula. Read More Biggest volcanic eruptions in the last 10 years as Iceland town faces devastation ‘It’s like a dystopian movie’: Iceland residents describe ‘apocalyptic’ scenes as they flee volcano threat Iceland earthquakes: Are flights still running amid fears of volcano eruption? Is it safe to travel to Iceland? Your rights if you have a holiday booked
1970-01-01 08:00
Cole Silva: Queen Creek honors brave boy, 7, who saved his 3-year-old sister from drowning in swimming pool
Cole Silva: Queen Creek honors brave boy, 7, who saved his 3-year-old sister from drowning in swimming pool
As his little sister accidentally fell into their backyard pool, young Cole Silva jumped in without a moment's hesitation to save her
1970-01-01 08:00
Virgil van Dijk reveals key process of overcoming serious knee injury
Virgil van Dijk reveals key process of overcoming serious knee injury
Liverpool defender Virgil van Dijk reveals the lengths he had to go to in order to overcome the serious knee injury he picked up against rivals Everton in 2020.
1970-01-01 08:00
Myanmar: Eight children killed in military strike on school in Chin State
Myanmar: Eight children killed in military strike on school in Chin State
Insurgents have fought elsewhere in Chin State but not in the village targeted by the army on Wednesday.
1970-01-01 08:00
More expensive services, food drive euro zone inflation in Oct
More expensive services, food drive euro zone inflation in Oct
BRUSSELS More expensive services and food were the main drivers of consumer price growth in the euro zone
1970-01-01 08:00
Charlamagne tha God claims US would never elect a woman president, Internet says 'can’t wait to prove him wrong'
Charlamagne tha God claims US would never elect a woman president, Internet says 'can’t wait to prove him wrong'
Charlamagne tha God said, 'I think the couch is voter apathy, I think a lot of people are going to choose to stay at home'
1970-01-01 08:00
Pokimane addresses 'confusion' over her snacks product Myna Cookies: 'We own our formula'
Pokimane addresses 'confusion' over her snacks product Myna Cookies: 'We own our formula'
Pokimane faced criticism after people noticed similarities between Myna Snacks' Midnight Mini Cookies and Toatzy's Midnight Mini Cookies
1970-01-01 08:00
Exclusive-German court ruling could hit growth next year - econ ministry source
Exclusive-German court ruling could hit growth next year - econ ministry source
BERLIN A German court ruling that forced Berlin to freeze 60 billion euros ($65.12 billion) in planned green
1970-01-01 08:00
EU regulators to challenge banks on loan provisioning
EU regulators to challenge banks on loan provisioning
By Huw Jones LONDON EU regulators will challenge banks over their failure to properly apply an accounting rule
1970-01-01 08:00
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