Amazon launches online car dealership with Hyundai

In an earlier posting on December 10, Amazon (AMZN) autos said, in part: Beginning December 10, “…vehicle shoppers in 48 U.S. cities can browse, order, finance, and schedule pickup of a new Hyundai vehicle from their local participating dealer directly on Amazon. Amazon Autos offers online automotive shopping from Hyundai dealers across major metropolitan areas nationwide . We continue to add more Hyundai dealerships, and next year, we will roll out additional manufacturers, brands, cities, and new functionality.For dealers, Amazon Autos offers a new sales channel that connects them with millions of Amazon customers. By streamlining the initial browsing and purchasing steps online, Amazon Autos enables dealers to focus on the most exciting part of the journey: the moment when customers pick up their new car at the dealership. This in-person experience lays the foundation for deep customer loyalty and trusted, long-term relationships. With Amazon Autos, customers have a simple, end-to-end online experience to purchase their next vehicle, allowing them to: Browse and search for available vehicles at their local dealer by make, model, trim, color, and features Get an instant valuation and trade in their existing vehicle toward the price of the new car, etc…. See transparent, upfront pricing…We’re partnering with dealers and brands to redesign car shopping-making it more transparent, convenient, and customer-friendly,” said Fan Jin, global head of Amazon Autos.” Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM), Volkswagen (VWAGY), Hyundai Motor (HYMTF) and Stellantis (STLA)…