India's Ola ties up with BMW for luxury cabs segment

Published Mon, Oct 24, 2016 · 11:30 AM

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    [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, which have all signed tie-ups with ride-sharing companies to guard against a shift in consumer choice away from vehicle ownership.

    REUTERS

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