Amazon’s next frontier to conquer? Auto parts
Amazon boss Jeff Bezos, whose online behemoth is likely to become the country’s No. 1 apparel retailer this year, is setting his sights on what could be his next sector to dominate: the $50 billion do-it-yourself after-market auto parts business.
In recent months, Amazon has struck contracts with the largest parts makers in the country — including Robert Bosch, Federal-Mogul, Dorman Products and Cardone Industries, sources told The Post.
Amazon, which rang up revenue of $128 billion in the 12 months ended Sept. 30, could see its auto parts business expand more than 50 percent this year, to $5 billion, according to one recent, confidential prediction circulated among clients.
Lately, Amazon has widened its selection of name-brand parts — and is already selling them for less than its brick-and-mortar rivals. For example, a 34 Series RedTop Optima Battery was recently being offered at $166 on Amazon, versus $216 at AutoZone.
In a September report, investment bank Jefferies said Amazon is offering same-day delivery for auto parts in 40 major US cities — at prices that average 23 percent less than those of O’Reilly, Advance and AutoZone.
