Car dealership stocks fell on Thursday after Amazon announced it is going to sell cars. Amazon said it would launch online car sales in 2024 in partnership with Hyundai. Shares of Carvana, Carmax ...

Walmart is working with RevolutionParts, a digital commerce solutions company with 1,600 dealership clients, to feature genuine automaker parts on the retail giant's website.

Amazon announced a deal with Hyundai to allow car sales on its site for the first time. Customers can use the e-commerce site to buy a car starting next year.

Notably, only 15 to 20 Hyundai dealers (out of more than 800 in the US) will be initially able to sell vehicles through an agreement with Amazon, according to José Muñoz, president and COO of ...