By: Rob Amend
Hertz Global Holdings just announced a partnership with Amazon’s automotive retail platform, Amazon Autos, to sell pre-owned vehicles. The announcement boosted Hertz shares by 7%, while competitors like Avis, Carvana, and CarMax declined. The collaboration expands on Amazon Autos’ 2024 launch and will initially serve customers within 75 miles of Dallas, Houston, Los Angeles, and Seattle. Future plans involve rolling out across Hertz Car Sales’ 45 U.S. locations. The deal marks a significant step for Amazon’s expansion into used vehicle sales, already active in over 130 U.S. cities.



