In a surprising move, Hertz Global Holdings announced a collaboration with Amazon to sell used vehicles on Amazon Autos, available for pickup at Hertz Car Sales outlets. Although details are scarce, investors responded positively to the news, anticipating potential benefits for Hertz.
While Hertz remains mum on financial specifics of the Amazon Autos deal, the rental company’s Hertz Car Sales division saw record volume in the second quarter of 2025. This lack of transparency may hinder the potential impact of the collaboration on Hertz stock.
Despite the lack of financial details, investors are optimistic about the Hertz-Amazon collaboration. However, with limited information available, it remains uncertain how much of an impact this deal will have on Hertz’s revenue and stock performance.
Before investing in Hertz Global, consider that the Motley Fool Stock Advisor did not include Hertz in their list of the top 10 stocks to buy now. The past performance of stocks recommended by the analyst team has shown significant returns, suggesting that there may be more lucrative options available.
Read more at Yahoo Finance: Hertz Stock Pops Following News of Amazon Deal. Time to Buy?