Lex Kerssemakers, senior vice president of Volvo Cars of North America LLC, left, stands behind a 1968 Volvo AB Amazon vehicle as other vintage cars are reflected during the 2017 New York International Auto Show (NYIAS) in New York, U.S., on Thursday, April 13, 2017. The New York International Auto Show, North America's first and largest-attended auto show dating back to 1900, showcases an incredible collection of cutting-edge design and extraordinary innovation. Photographer: Mark Kauzlarich/Bloomberg
Europe’s online car market is about to get more crowded, with a plan by Amazon.com Inc to sell vehicles in the UK unnerving shareholders of the region’s biggest auto websites.
Britain’s Auto Trader Group Plc fell to a two-month low following a report that Amazon plans to expand its cars offering in Europe beyond a current test run in Italy. The US retailing giant, which already sells vehicles in its home market, is seeking to fill a gap as traditional dealerships lose appeal.
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