Toyota's Financial arm, Toyota 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.
" 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), Toyota Kirloskar Motor Pvt. Ltd said,
" Toyota vehicles are among the most popular cars on the Uber platform worldwide. We are proud to partner with Toyota India to boost grassroots entrepreneurship," said Amit Jain, president, Uber India.