Amazon (AMZN) has been quietly expanding its car sales business over the past year and a half, with the platform now including vehicles from Hyundai Motors (HYMTF), Kia (KIMTF), Mazda (MZDAY), Subaru (FUJHY), Chevrolet, and Jeep, Sean McLain of The Wall Street Journal reports. Additionally, Amazon Autos is active in over 130 cities and has signed up hundreds of dealers. The company is making a push into the auto industry to attract more ad spending from carmakers and dealers.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade AMZNPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- OpenText enterprise data, AI to be available on AWS European Sovereign Cloud
- Palo Alto (PANW), CrowdStrike (CRWD), and Akamai (AKAM) Slide after Anthropic Sparks New Cyber Fears
- VTSAX vs VOO ETF: Which Vanguard Fund Should You Buy in 2026?
- Intel (INTC) Rallies 70% as Google AI Deal Expands, but Analysts Still See Downside
- The Week That Was, The Week Ahead: Macro and Markets, April 12