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Toyota partners with Uber, provides 90% financing to new drivers

Toyota Financial Services will provide the on-road funding to those buying Etios and Liva models

Apurva Venkat  |  Bengaluru 

Toyota, Etios Xclusive

Kirloskar Motor on Wednesday announced a partnership with ride hailing app Uber, giving 90 per cent funding to driver on the platform to buy Etios and Liva models.

Toyota's Financial arm, Financial Services India Ltd. (TFSIN) will provide the funding on-road funding of the cost for first time drivers. The funding scheme encompasses vehicle cost, accessories, service packages, registration road tax and insurance. The scheme will be applicable till December.

Kirloskar Motor has collaborated with offering major support to first time aggregator customers through this scheme.

" 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," said N Raja, Director & Senior Vice President (Sales & Marketing), Kirloskar Motor Pvt. Ltd said,

" vehicles are among the most popular cars on the platform worldwide. We are proud to partner with India to boost grassroots entrepreneurship," said Amit Jain, president, India.

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Toyota partners with Uber, provides 90% financing to new drivers

Toyota Financial Services will provide the on-road funding to those buying Etios and Liva models

Toyota Financial Services will provide the on-road funding to those buying Etios and Liva models Kirloskar Motor on Wednesday announced a partnership with ride hailing app Uber, giving 90 per cent funding to driver on the platform to buy Etios and Liva models.

Toyota's Financial arm, Financial Services India Ltd. (TFSIN) will provide the funding on-road funding of the cost for first time drivers. The funding scheme encompasses vehicle cost, accessories, service packages, registration road tax and insurance. The scheme will be applicable till December.

Kirloskar Motor has collaborated with offering major support to first time aggregator customers through this scheme.

" 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," said N Raja, Director & Senior Vice President (Sales & Marketing), Kirloskar Motor Pvt. Ltd said,

" vehicles are among the most popular cars on the platform worldwide. We are proud to partner with India to boost grassroots entrepreneurship," said Amit Jain, president, India.

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Business Standard
177 22

Toyota partners with Uber, provides 90% financing to new drivers

Toyota Financial Services will provide the on-road funding to those buying Etios and Liva models

Kirloskar Motor on Wednesday announced a partnership with ride hailing app Uber, giving 90 per cent funding to driver on the platform to buy Etios and Liva models.

Toyota's Financial arm, Financial Services India Ltd. (TFSIN) will provide the funding on-road funding of the cost for first time drivers. The funding scheme encompasses vehicle cost, accessories, service packages, registration road tax and insurance. The scheme will be applicable till December.

Kirloskar Motor has collaborated with offering major support to first time aggregator customers through this scheme.

" 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," said N Raja, Director & Senior Vice President (Sales & Marketing), Kirloskar Motor Pvt. Ltd said,

" vehicles are among the most popular cars on the platform worldwide. We are proud to partner with India to boost grassroots entrepreneurship," said Amit Jain, president, India.

image
Business Standard
177 22

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