You don’t need a brain like Jeff Bezos to figure out why he began selling books online and not cars. Books are a cheap and easily-shipped commodity product. By contrast, people rarely buy a car without driving it first, while vehicles are bulky and customization options abound. There’s more: new cars are typically bought on credit. Manufacturers and dealers tend to have tight-knit relationships, and in the U.S. there are pesky laws protecting dealers (as Tesla has discovered). U.K. CAR MARKET 90 billion pounds Still, besides a few exceptions — bullets and cigarettes — Amazon.com Inc is getting closer to […]
