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Hertz sells hundreds of thousands of vehicles per year, except for business rental business.
The courtesy of the hertz
Hertz Wednesday announced that he would start selling previous vehicles Amazon AUTOS, the step designed to strengthen the retailers for renting vehicles, as it is supposed to make more profit.
Herz’s shares flew on Wednesday.
According to the partnership Amazon AutosElectronic signs of documents, complete your purchase online and pick your car in Hertz.
Customers living within 75 miles from four original cities – Dallas, Houston, Los -Angeles and Seattle – can start viewing on Amazon as soon as Wednesday, and Herz plans to expand an agreement in 45 places across the country.
The partnership gives hertz, known for its car rent, greater visibility and potential increase of profits for their car sales business.
This also notes the extension for Amazon increases Automatic businesswhich he launched in December through a partnership with Hyundai. Prior to this, buyers could view digital salons and compare Amazon prices, but not buy cars directly through the e -commerce giant.
Amazon Autos added and certified Previous vehicles Prior to selecting offers earlier this month, starting with Los -egeles after previously sold exceptionally new vehicles. Hertz Car sales – This is the first Fleet Amazon Autos dealer and offers used vehicles from brands, including Freod. Toyota. Chevrolet and Nissan.
Hertz said he sells hundreds of thousands of vehicles a year except for business rental business.
“Our goal is to revise the experience of buying cars and meet with customers where they-on the Internet or personal-with convenience, confidence and scale,” said Jeff Adams, executive vice president for the sale of Hertz Car. “Amazon Autos-ideal partner to help us provide this because customers can shop our expansive inventory of quality used cars in the same trusted market where millions make purchases every day.”
A partnership with Amazon Autos aims to expand the Hertz digital retail presence and make used car -used cars more accessible to customers. This is part of the greater strategy that Herz posted earlier this year led by the CEO Gill westTo increase your retail business, increasing its retail trace, increasing the Hertz Car Sales and Strategic Partnership Brands.
After logging bankruptcy During the COVID-19 pandemic in 2020 and in communication with Failed to strategy EV Shortly thereafter, Hertz presented her turn card “Road Map” last year. The focus is on the management of the fleet, optimization of income and economic efficiency.
said hertz The first quarter This year, the strongest quarter for sale of retail cars was marked.
During the call for the company’s income on August 7, West stated that hertz in the Rent2buy program in the Rent2buy program noticed a strong impetus that allows customers to pick up a used car for a three -day rent before starting it. Last week, Herz announced that the program should reach more than 100 cities.
– Annie Palmer in CNBC contributed to this report.
