Apple working with Hertz to test self-driving technology

Apple working with Hertz to test self-driving technology

The Apple logo is pictured inside the newly opened Omotesando Apple store at a shopping district in Tokyo.

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Apple is renting Lexus RX450h sport-utility vehicles from Hertz's Donlen fleet management unit

Apple is leasing a small fleet of cars from rental company Hertz Global Holdings to test self-driving technology.

Hertz shares were up 13.5 percent at $10.82, while shares of Apple were slightly down.

As per the recent documents released by the California Department of Motor Vehicles, Apple is renting Lexus RX450h sport-utility vehicles from Hertz's Donlen fleet management unit.

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The iPhone maker is concentrating on technology for self-driving cars, Chief Executive Tim Cook stated earlier this month.

Hertz declined to comment, while Apple did not immediately respond to a request for comment.

Alphabet's self-driving car unit Waymo announced a similar partnership with Avis Budget Group to offer fleet support and maintenance services for its fleet of autonomous vehicles.