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Morning Brew Daily
You Can Buy a Car on Amazon? & SpaceX’s Most Powerful Rocket Ready to Launch
Nov 17, 2023
28:25
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Neal and Kyle break down Hyundai's deal with Amazon to sell cars directly to consumers. They discuss the rise of direct-to-consumer car sales and the challenges faced by traditional dealerships. Boeing's strong performance compared to Airbus at the Dubai Air Show is highlighted. Additionally, the financial struggles of the USPS and potential solutions are discussed.
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Quick takeaways
- Amazon and Hyundai have partnered to sell cars online, taking advantage of the increase in online car purchasing during the pandemic.
- Las Vegas hosting a Formula One race could establish the city as a major sports hub, but concerns about lukewarm demand remain.
Deep dives
Amazon Ventures into Selling Cars Online
Amazon has partnered with Hyundai to sell cars on its platform starting next year. This move aims to tap into the growing trend of online car purchasing, which accelerated during the pandemic. Historically, people preferred physically inspecting and test driving cars before buying, but COVID-19 changed consumer behavior. With this partnership, Amazon aims to leverage its strong e-commerce capabilities to disrupt the auto industry and provide consumers with a seamless online car buying experience.
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