Hyundai Motor is recalling 83,877 vehicles in the U.S. as the instrument panel display may fail to show critical safety information, such as the speedometer or fuel gauge, the U.S. National Highway Tr... ...

Core Insights - Amazon has launched a platform for selling used vehicles, starting with Hyundai dealers in Los Angeles, and plans to expand to more brands and cities in the future [1][2][4] Group 1: Amazon Autos Platform - Consumers can now browse, compare, and purchase used and certified preowned Hyundai vehicles directly on Amazon, with a 3-day, 300-mile return policy and a minimum 30-day, 1,000-mile limited warranty [2] - The program builds on Amazon's existing relationship with Hyundai, which was the first car manufacturer to allow Amazon to sell its cars directly [3][4] Group 2: Market Expansion and Strategy - The service is set to expand to 130 U.S. cities, with additional used car options being introduced in Los Angeles and other cities in the future [4] - JPMorgan analyst Rajat Gupta views this initiative as a new lead generation channel for car dealers, indicating minimal risk of disintermediation due to franchise regulations and the complexities of used car sourcing [4][5] Group 3: Dealer Relationships - Dealers are expected to maintain customer relationships during the vehicle handoff, as Amazon's model allows them to focus on in-person interactions [5] - There is skepticism regarding dealers listing their inventory without guaranteed finance and insurance commissions, which could impact the platform's success [5] Group 4: Related Partnerships - Hyundai has also partnered with Avride to develop autonomous vehicles, which may complement Amazon's automotive initiatives by exploring autonomous delivery services [6]