Carvana Stock, CarMax Sink As Amazon Enters Online Car Sales
Amazon.com (AMZN) announced Thursday it will begin online car sales for the first time in 2024. Carvana (CVNA) stock, CarMax and other auto dealerships tumbled on the news.
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The e-commerce giant said its digital vehicle sales will start with Hyundai... [1223 chars]
Source: Investor's Business Daily
