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News

Hertz to sell used vehicles

The Wall Street Journal on MSN · 1h
Hertz to Sell Used Cars on Amazon Autos
Your Amazon shopping cart could soon include a late-model used car from Hertz. The rental-car company has started selling its used vehicles directly to consumers through the online giant.Hertz shares soared as much as 17% on Wednesday after the company said it would sell its used cars on Amazon’s automotive marketplace.
Barron's on MSN · 2h
Hertz Will Sell Cars on Amazon. Carvana Stock Slides.
The Hertz move could hit shares of car dealers or online platforms such as Cars.com. Amazon Auto represents competition for listings and used-car inventory. Carvana stock dropped 3.5% to $332.11. CarGurus stock slipped 2.1% to $31.78. Cars.com stock was off 0.6% at $12.17.
NBC News · 3h
Hertz to sell used vehicles online through Amazon Autos partnership
The partnership gives Hertz, known for its car rentals, more visibility and a potential profit boost for its auto sales business.
6hon MSN

Carvana’s stock is falling, and Amazon is to blame

Hertz and Amazon’s used-car partnership touts convenience, which strikes at the heart of Carvana’s business model.
The Motley Fool23h

Why Investors Slammed the Brakes on Avis Stock Today

Investors clearly felt it had been lapped by its traditional rival. Under the terms of the arrangement, Hertz will sell its ...

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