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.

Reuters October 24, 2016 22:15:06 IST
Ola ties up with BMW for luxury cabs segment
| Reuters

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.

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