Amazon will start selling cars on its e-commerce platform next year

Hyundai will be the first brand available for purchase on Amazon.

Amazon Web Services will be Hyundai’s preferred cloud-computing provider.

Customers can shop for cars on Amazon’s website and choose delivery or pickup at a local dealership.

Amazon’s stock was down 0.6% on the news.

Carvana and CarMax stocks declined after the announcement.

Carvana stock is up 560% this year.

I didn’t know this, Thanks for the info