Amazon (AMZN) announced yesterday an expansion of its Autos service to include used and certified pre-owned vehicles. “Dealers can now list their used vehicle inventory on Amazon, providing customers with more choices among popular cars and trucks at more price points. Used and CPO vehicles are now available to customers, starting in Los Angeles and expanding additional cities across the country in the coming months,” Amazon said on its website. Shares of Carvana (CVNA) are down 2%, or $8.80, to $351.86 in midday trading. Other auto dealers selling cars online include Lithia & Driveway (LAD), Asbury Automotive (ABG), AutoNation (AN) and CarMax (KMX).
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