IPFS News Link • Business/ Commerce
Amazon is going to sell cars online
• Business Insider by Eugene KimAccording to Reuters, Fiat Chrysler will sell three models — the 500, the 500L, and the Panda — on Amazon's Italian site at a price that is up to 30% cheaper than other dealerships. The service will only be available in Italy.
The report said buyers will be connected with a dealer once they buy the car on Amazon. Then they will be able to finalize the deal with the dealer and pick up the car within two weeks of making the purchase. It's unclear if Amazon will be holding actual inventory or it's merely serving as a middleman for Fiat.
Amazon wasn't immediately available for comment.
The news comes just three months after Amazon launched a new car browsing site called Amazon Vehicles. The site lets users read and leave reviews while browsing the specs of thousands of different car models, although it doesn't allow actual purchases.
Some investors believe Amazon will eventually start selling cars on its US site. Morgan Stanley wrote in a note published in August that the launch of Amazon Vehicles, its partnership with Hyundai to deliver test drive vehicles, and the Echo integration with car brands all points to a new car selling site in the future.




