Car Dealership Stocks Fall After Amazon Previews Online Vehicle Sales

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  • Car Dealership Stocks Fall After Amazon Previews Online Vehicle Sales
  • 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, and Autonation fell as much as 8% following Amazon’s announcement.

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