Toyota Kirloskar Motor announced a partnership with Uber to offer end-to-end vehicle buying solutions for driver partners operating on the Uber platform. Through this partnership the car manufacturer’s financial arm, Toyota Financial Services India (TFSIN) will provide 90% on-road funding on Etios and Liva models for first time drivers. The scheme includes a package of vehicle cost, accessories, service packages, registration road tax and insurance. The scheme will be applicable till the end of this year till December 2016.
The scheme, which has been rolled out across all dealerships across the country, is said to provide service standards with priority processing for Uber drivers. Toyota Kirloskar Motor has collaborated with Uber offering major support to first time aggregator customers through this scheme. This initiative will boost this market in India with the funding scheme that will ensure that customers can buy Toyota products which have set a safety benchmark in the industry.
Speaking on the occasion, N. Raja, Director & Senior Vice President (Sales & Marketing), Toyota Kirloskar Motor said, “Toyota Kirloskar Motor is pleased to announce this tie up with Uber, we believe the 90% on road funding scheme will lead to a positive growth in the ride-sharing market. This initiative is another step closer to changing the dynamics of mobility needs of an average Indian and we are glad to be part of it. Fleet operators across India today have understood the value proposition of Etios. Etios & Liva have set a safety benchmark in the industry standardizing dual airbags and Anti-Lock Braking System (ABS) with Electronic Brake-force Distribution (EBD) across all grades.”
Speaking on this partnership, Uber India President, Amit Jain, said that Toyota vehicles are among the most popular cars on the Uber platform worldwide. They are proud to partner with Toyota India to boost grassroots entrepreneurship.