Amazon already has its eye on the car repair market, and auto shops should be worried
Between Amazon's blitz into the grocery market and its fashion aspirations, you might have missed the shopping juggernaut's entry into the auto world.
Car retailers certainly haven't. The company has already built a sizable business selling vehicle parts online, and it could have its sights set on auto services and even car sales down the road.
Like most of Amazon's plans, this is no small ambition. Cars and their maintenance are a bigger cash sink for the average American household than even groceries, according to the U.S. Census Bureau. While online sales still make up a comparatively small share of the overall auto parts market, they're growing at a much faster clip than traditional channels with a 16 percent expansion predicted this year, according to market research firm Hedges & Company. Read more...
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