Amazon (AMZN) has quietly expanded its car sales business over the past year and a half, WSJ reports
Amazon's expansion into car sales, now encompassing multiple brands and over 130 cities, signals a strategic move into a new market segment that can enhance its revenue streams.
Japan's PM Takaichi says they are to focus on stably lowering the debt-to-GDP ratio; to manage primary balance over multiple years
Novo's (NOVOB DC) Ozempic for Australians is expected to fall from about AUD 300 a month for private patients to a small fraction after Australian patents expire in late 2029 and 2031, according to WA Today
Amazon (AMZN) has quietly expanded its car sales business over the past year and a half, WSJ reports
New pharma tariffs are pushing biotech firms to consider voluntary pricing deals with the Trump administration for exemptions, Axios reports
Morgan Stanley leaves their dated Brent forecasts unchanged; sees USD 110/bbl in Q2'26 and USD 100/bbl in Q3'26, before settling around USD 80/bbl in 2027
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- Amazon has expanded its car sales programme from an initial partnership with Hyundai to include brands such as Kia, Mazda, Subaru, Chevrolet and Jeep, and is now active in more than 130 cities, allowing customers to buy new vehicles like a Corvette directly through its platform, WSJ reports
This development could increase competition for traditional auto dealerships and may prompt further initiatives from peers in the retail space. Investors should watch for its implications on Amazon's operational model and potential shifts in consumer shopping behaviors.
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