Uber, Ola drive growth for car firms

Taxi aggregators, once seen as a threat to carmakers, are now being seen as saviours

Sohini Das  |  Ahmedabad 

In the first nine months of this financial year, Maruti Suzuki India sold a little over 60,000 cars to cab aggregators, six per cent of sales. For all of 2015-16, it had sold 48,000 units to these entities. This segment, still nascent, appears on course to account for 15-17 per cent of passenger vehicle volumes by 2019-20, says ICRA. Original equipment makers (OEMs) are keen to tap this. Maruti, Tata Motors, Mahindra and even German luxury carmaker BMW have tied up with aggregators Ola and Uber. In FY16, 5.8 per cent of Maruti sales came from the taxi segment; for Tata ...

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Uber, Ola drive growth for car firms

Taxi aggregators, once seen as a threat to carmakers, are now being seen as saviours

Taxi aggregators, once seen as a threat to carmakers, are now being seen as saviours In the first nine months of this financial year, Maruti Suzuki India sold a little over 60,000 cars to cab aggregators, six per cent of sales. For all of 2015-16, it had sold 48,000 units to these entities. This segment, still nascent, appears on course to account for 15-17 per cent of passenger vehicle volumes by 2019-20, says ICRA. Original equipment makers (OEMs) are keen to tap this. Maruti, Tata Motors, Mahindra and even German luxury carmaker BMW have tied up with aggregators Ola and Uber. In FY16, 5.8 per cent of Maruti sales came from the taxi segment; for Tata ... image
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