Amazon to sell cars online in Europe: report

Internet retailer Amazon has started hiring staff to become an online car dealer in Europe, German trade weekly Automobilwoche reported Saturday.

The German periodical cites industry specialist Christoph Moeller as saying he has been put in charge of Amazon’s European business with car makers.

Moeller, a former automotive expert at advisory firm Oliver Wyman, is reported to lead Amazon’s exploration into the automotive market.

The e-commerce giant plans to run the business out of Luxembourg and is looking at Britain as a possible pilot market.

Automobilwoche further cited Moeller as saying Amazon has been hiring car sales executives.

Amazon declined Automobilwoche’s request to comment.

Source: Reuters