associate sponsors

Llyod
HDFC

Ola ties up with BMW for luxury cabs segment | Reuters

MUMBAI Indian ride-sharing service Ola has partnered with German carmaker BMW to strengthen its luxury mobility segment, the app-based taxi aggregator said on Monday.The tie-up will allow Ola cab operators to avail cheaper credit to buy BMW cars, receive after-sales support and guaranteed buyback, Ola said in a statement.BMW-certified instructors will also train drivers about auto safety systems and technology, the statement said.

The agreement follows Ola's partnership, announced last month, with India's top SUV maker, Mahindra & Mahindra.

BMW joins the ranks of other global automakers such as Volkswagen, Toyota Motor Corp and General Motors GM.N, which have all signed tie-ups with ride-sharing companies to guard against a shift in consumer choice away from vehicle ownership.

(Reporting by Sankalp Phartiyal; Editing by Amrutha Gayathri)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Oct 24, 2016 22:15 PM

Also Watch

Watch: The true stories from Dharavi that inspired Rajinikanth's Kaala
  • Thursday, March 8, 2018 Watch: Cyrus Khan talks about Parkour, jumping across walls and why he hates sitting
  • Thursday, May 31, 2018 Unwind: India's basketball sensation Amjyot Singh has his eyes set on becoming an NBA regular
  • Monday, May 28, 2018 First Day First Showsha — Review of Solo: A Star Wars Story in 10 questions
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See



{if $hideJSforEU != 'yes'} {/if}