Hyundai and Amazon have announced a partnership to sell vehicles online, with the automaker utilizing the AWS cloud...
Continue ReadingSummary of market news for Nov. 16...
Continue ReadingThe e-commerce giant said its digital vehicle sales will start with Hyundai cars sold by dealerships. "This new shopping experience will create another way for dealers to build awareness of their selection and offer convenience to their customers," Amazon said in a blog post. As part of the deal, South Korea's Hyundai will integrate Amazon's Alexa voice assistant into its cars beginning in 2025...
Continue ReadingAmazon (AMZN) announces a partnership with Hyundai Motor Company (HYMTF) as the online retailer will let auto dealers to sell cars through its website and app. The Korean automaker will be the first car brand available through the new feature. Online auto dealer stocks like CarMax (KMX) and Carvana (CVNA) are sinking Thursday afternoon amid this news. SoFi Technologies (SOFI) shares trend lower ahead of the closing bell as investors react to the fintech company's confirmation of a loss-sharing agreement in its loans. Lastly, Alibaba (BABA) stock continue into the red after scrapping its plans for a cloud spin-off on the pressure of the Biden administration's chip export restrictions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingGiven Amazon's vast range of inventory, it's hard to believe the online retail giant was once nothing more than a humble online bookseller. Amazon has launched a new partnership with Hyundai Motor Company that will allow consumers to shop for a car online in 2024. Customers will be able to go onto Amazon and search for available vehicles in their area based on different preferences, including model, color, and features...
Continue ReadingAmazon's long-term strategy, focus on customer satisfaction, and ability to see opportunities in failures have contributed to its success. Read more on AMZN stock here...
Continue ReadingThe online giant has studied something that has been really successful for its rival and has its own version of it...
Continue ReadingToday, Amazon (NASDAQ: AMZN) and Hyundai Motor Company announced a broad strategic partnership to bring innovative new experiences to customers. The announcement was made today at the 2023 Los Angeles Auto Show and a livestream can be viewed here: https://youtube.com/live/Qzhq1tShTMc. This strategic collaboration includes Amazon launching online sales of Hyundai vehicles in the U.S. in 2024, Hyundai naming AWS as its preferred cloud provider to help facilitate digital transformation, and the Ale...
Continue ReadingAmazon will begin selling Hyundai vehicles online in the U.S. starting next year, the two companies said on Thursday. Customers will be able to shop for, equip and buy a car at Amazon.com and schedule delivery through a local Hyundai dealer, the companies said. The agreement is an expansion of a deal announced two years ago to expand Hyundai's digital showroom on Amazon.com, enabling customers to configure a vehicle, calculate the price and locate a dealer to complete the sale...
Continue ReadingThe companies say Hyundai will be the first brand available to car buyers on the tech company’s platform starting in 2024...
Continue Reading© 2026 Market News — All rights reserved