Shares in rival used car retailers went into reverse gear following the announcement of Hertz’s Amazon partnership.

Cheap cables, discounted home goods, and now used cars? Rental car giant Hertz has just announced that it will be adding its used vehicles to Amazon Autos, putting its previously-enjoyed used cars, trucks, and SUVs up for grabs alongside products like, well, just about everything.

The car rental giant is currently selling used EVs in a handful of states through Amazon Autos, and there are some good deals.

Investors clearly felt it had been lapped by its traditional rival. Under the terms of the arrangement, Hertz will sell its used cars through Amazon Autos. Like Avis, Hertz operates a huge fleet stuffed with all major global brands; this will work well in ...