02:42 PM EDT, 04/30/2026 (MT Newswires) -- Hertz Global ( HTZ ) shares were up 11% in Thursday trading after its affiliated operating company Oro Mobility and Uber Technologies ( UBER ) said they have signed two fleet partnerships related to operational and maintenance services across autonomous and driver-led operations.
Financial details related to the collaboration were not disclosed.
Under one of the partnerships, Oro Mobility will provide day-to-day vehicle asset management, including charging, maintenance, repairs, cleaning, and depot staffing for Uber's ( UBER ) autonomous robotaxi program of Lucid (LCID) vehicles, the companies said.
Oro Mobility will also offer strategic fleet services on the Uber ( UBER ) platform, using vehicles operated by Oro-employed drivers, the companies said.
Additionally, Oro is now active on the Uber ( UBER ) platform in Los Angeles and San Francisco, with Northern New Jersey expected to launch this spring, according to the companies.
Price: 6.25, Change: +0.65, Percent Change: +11.61