Online Auto Sales are Booming

Cars

A new study, just released in the UK, suggests that as many as 20% of automobiles may be bought online within the next 10 years.  It goes on to say that Internet car sales could cost UK dealers as much as £41bn ($53bn) in revenue if this takes place. This tracks with the revolution in the US led by Carvana, the self-described “Amazon of Cars” that recently filed for an IPO. Find out more…