CMB Stock News Of The Day

“Ford and Amazon Team Up to Sell Used Vehicles Online”🚨🚨🚨

Beginning today, Amazon shoppers can add a pre-owned Ford to their online carts, marking a new chapter in automotive e-commerce. The partnership, announced Monday by both companies, will initially launch in Los Angeles, Dallas, and Seattle, with plans to expand to additional markets in the near future.

Every vehicle sold through Amazon will be fully inspected and reconditioned, according to Ford. Buyers will also receive a Ford warranty, Ford Rewards points, and, in select cases, a money-back guarantee, making the online experience closer to a traditional dealership purchase.

The announcement sent ripples through the used-car retail sector. Shares of Carvana (CVNA $329.81, +3.61%) and CarMax (KMX $33.34, -3.17%) saw dips in early trading, echoing market reactions when Amazon Autos launched similar partnerships last year — with Hyundai and rental giant Hertz (HTZ $5.35, -5.40%).

The move reflects Amazon’s growing push into automotive sales and Ford’s aim to streamline vehicle buying for a new generation of online shoppers. Analysts suggest the convenience of shopping for a pre-owned vehicle online, combined with assurances like warranties and rewards, could reshape how Americans purchase cars.