Hertz to sell used vehicles online through Amazon Autos partnership
Hertz sells hundreds of thousands of vehicles annually as well as conducting the signature car rental business.
With the permission of Hertz
Hertz He announced on Wednesday that it will start selling front -hand vehicles Amazon Automobile, automobile rental company to strengthen the retail operations to strengthen more profit.
Hertz shares increased in their purchase and sale before Wednesday.
Within the scope of the partnership, customers can browse thousands of used Hertz vehicles in Amazon cars, e-signs, complete online purchases, and receive their vehicles from Hertz locations.
Customers living in 75 miles of the four first citys – Dallas, Houston, Los Angeles and Seattle – can start to take a look at Amazon as soon as possible on Wednesday and plans to expand the arrangement to 45 places throughout the country.
It gives to Hertz, known for its potential profit increase for partnership, car rentals, more visibility and automobile sales.
It also points to an expansion for new automobile businesses that Amazon launched in December through Hyundai with Hyundai. Before that, shoppers can browse digital showrooms and compare prices in Amazon, but they cannot buy cars directly through the e-commerce giant.
Amazon cars used and certified front hand vehicles After just selling newly, at the beginning of this month in Los Angeles, the choice of proposals at the beginning of this month vehicles. Hertz Car Sales is the first fleet dealer of Amazon Autos and will offer used vehicles from brands Ford– Toyota– Chevrolet And Nissan.
Hertz said he sold hundreds of thousands of vehicles annually as well as conducting the signature car rental business.
“Our aim is to redesign the automobile purchase experience and to meet customers-interpreter or personally-insertion, trust and scale,” hertz Car Sales vice president. He said. “Amazon Autos is an ideal partner to help us realize our high -quality used car inventory in the same reliable market where customers shop every day.”
The partnership with Amazon Autos aims to expand Hertz’s digital retail presence and make the used vehicle inventory more accessible for customers. Hertz, ruled by CEO Gil West, is part of a larger strategy that he directed to increase the retail business by increasing the retail footprint, increasing the awareness of the Hertz automobile sales brand and developing strategic partnerships.
After the bankruptcy in 2020 during the Covid-19 pandemi and a short time after a failed home strategy, hertz introduced the “Basics Tour-Basics Road Map” return plan last year. The focus is fleet management, income optimization and cost efficiency.
Hertz said that the first quarter of this year has pointed out the most powerful quarter so far for retail vehicle sales.
During the company’s call for an August 7, West said that hertz saw a strong acceleration in the Kira2buy program. Hertz announced last week that the program will reach more than 100 cities.
– Annie Palmer from CNBC contributed to this report.
