Apple Leases Cars From Hertz to Test Self-Driving Tech

The transcript discusses Apple's agreement with Hertz to lease vehicles for testing autonomous technology in California. This deal, along with similar agreements with companies like Waymo, could provide a new business avenue for car rental companies struggling in the traditional market. The potential for partnerships with autonomous and ride-hailing companies offers a promising future, although the exact benefits remain uncertain.

What was the performance of Hertz shares over the past year prior to the Apple deal?

What potential future opportunities could arise for rental car companies from partnerships with autonomous vehicle companies?