BUZZ-Hertz rises after report of partnering with Amazon to sell used vehicles online

Reuters

2025/08/20

BUZZ-<a href="https://laohu8.com/S/HTZ">Hertz</a> rises after report of partnering with <a href="https://laohu8.com/S/AMZN">Amazon</a> to sell used vehicles online

** Car rental company Hertz Global Holdings' shares HTZ.O rise 10% to $5.72 premarket

** Hertz to start selling pre-owned vehicles on Amazon Autos to bolster retail operations as it looks to bring in more profits, CNBC reports

** Shares of peers fall; Avis Budget Group CAR.O down 4.6%, Carmax KMX.N down 4% and Carvana CVNA.N down 3.8%

** As of last close, Hertz' shares had risen 42% YTD, compared with a 24% rise for the S&P 500 Automotive Retail index .SPLRCAUTR YTD

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

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Avis Budget Group <span>CAR.O</span> down 4.6%, Carmax <span>KMX.N</span> down 4% and <a href=\"https://laohu8.com/S/CVNA\">Carvana</a> <span>CVNA.N</span> down 3.8%</p><p>** As of last close, Hertz' shares had risen 42% YTD, compared with a 24% rise for the S&amp;P 500 Automotive Retail index <span>.SPLRCAUTR</span> YTD</p><p>(Reporting by Aatreyee Dasgupta)</p><p>((Aatreyee.Dasgupta@thomsonreuters.com))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0175139822.USD","symbol_name":"AB FCP I Global Equity Blend A USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250820:nL4N3UC0UG:1","article_id":"2560510877","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560510877","pubTimestamp":1755690920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Hertz rises after report of partnering with Amazon to sell used vehicles online** Car rental company Hertz Global Holdings' shares HTZ.O rise 10% to $5.72 premarket** Hertz to start selling pre-owned vehicles on Amazon Autos to bolster retail operations as it looks to bring in more profits, CNBC reports** Shares of peers fall; 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Avis Budget Group CAR.O down 4.6%, Carmax KMX.N down 4% and Carvana CVNA.N down 3.8%** As of last close, Hertz' shares had risen 42% YTD, compared with a 24% rise for the S&P 500 Automotive Retail index .SPLRCAUTR YTD(Reporting by Aatreyee Dasgupta)((Aatreyee.Dasgupta@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":true,"code":"91000000","status":"200"}}}