HTZ Stock Recent News

ESTERO, Fla.--(BUSINESS WIRE)--As the World Endurance Championship (WEC) makes its only U.S. stop at Austin's Circuit of the Americas (COTA) on Sunday, Sept. 7, Hertz, together with Cadillac Hertz Team JOTA, is bringing fans an action packed weekend of racing, interactive competition, and exclusive experiences that showcase the excitement of endurance racing like never before. Hertz Gold Kart Series To get passionate motorsports fans revved up for the big race at COTA, Hertz is hosting the firs.

Hertz Global (HTZ -2.01%) and Amazon (AMZN -1.55%) recently announced a deal in which the former will sell used cars on the latter's website. Investors clearly believe the deal will help Hertz's business.

No, before you ask, e-commerce titan Amazon (AMZN 0.23%) has not bought struggling car rental company Hertz Global (HTZ 2.99%), nor has it gotten into the rental car business (at least, not yet). Instead, Amazon is offering used Hertz rental vehicles for sale through its Amazon Autos service.

Are you in the market for a new car -- and by "new" I mean "technically used, but new to you?" If you are, then your next car purchase might be just the click of a "buy it now" button away.

Q2 offered some tangible signs of operational progress, such as improved fleet efficiency, better cost controls, and a return to positive adjusted EBITDA. Used car price trends and fleet rotation offer potential tailwinds, though the benefits may be less than some traders expect. While short squeezes and meme trading could drive volatility, Hertz's high leverage and uncertain economic outlook make it too risky for long-term ownership.

Your next used car purchase could be a former rental car that you find on Amazon.

Storied auto rental company Hertz Global Holdings (HTZ 5.77%) took its investors on quite a ride Wednesday, with its shares accelerating to a 6% gain that trading session. The company's auto sales unit is teaming up with a top retailer, and the market clearly approved of the deal.

Hertz (HTZ) rallied 6% after announcing it will sell used cars through Amazon (AMZN). Why is the company accelerating its footprint in the industry now, and how will it help both companies?

Rental-car operator looks to boost profits selling well-maintained vehicles directly to consumers.

Hertz is turning to Amazon to expand its used cars business. Hertz Car Sales announced in a Wednesday (Aug. 20) news release that it had joined Amazon Autos, letting shoppers search for, finance and buy pre-owned vehicles in a collaboration that combines Hertz's inventory with the tech giant's shopping/checkout expertise.