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07-25-2017, 11:55 PM
Amazon has its eye on the car market in next step toward world domination
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Between Amazon's blitz into the grocery market and its fashion aspirations (http://mashable.com/2017/06/16/what-will-amazon-do-with-whole-foods/), you might have missed the shopping juggernaut's entry into the auto world.
Car retailers certainly haven't. The company has already built a sizable business selling vehicle parts online, and it could have its sights set on auto services and even car sales down the road.
Like most of Amazon's plans, this is ** small ambition. Cars and their maintenance are a bigger cash sink for the average American household than even groceries, according to the U.S. Census Bureau (https://www.bls.gov/news.release/archives/cesmy_04192017.pdf). While online sales still make up a comparatively small share of the overall auto parts market, they're growing at a much faster clip than traditional channels with a 16 percent expansion predicted this year, according to market research firm Hedges & Company. Read more... (http://mashable.com/2017/07/25/amazon-auto-ambitions/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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Between Amazon's blitz into the grocery market and its fashion aspirations (http://mashable.com/2017/06/16/what-will-amazon-do-with-whole-foods/), you might have missed the shopping juggernaut's entry into the auto world.
Car retailers certainly haven't. The company has already built a sizable business selling vehicle parts online, and it could have its sights set on auto services and even car sales down the road.
Like most of Amazon's plans, this is ** small ambition. Cars and their maintenance are a bigger cash sink for the average American household than even groceries, according to the U.S. Census Bureau (https://www.bls.gov/news.release/archives/cesmy_04192017.pdf). While online sales still make up a comparatively small share of the overall auto parts market, they're growing at a much faster clip than traditional channels with a 16 percent expansion predicted this year, according to market research firm Hedges & Company. Read more... (http://mashable.com/2017/07/25/amazon-auto-ambitions/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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