Ola ties up with Nissan for taxi supply

Web-based taxi aggregator Ola has tied up with Nissan. The partnership will see Ola purchasing cars from Nissan as well as Datsun.

Under the cab-leasing program, drivers can lease a car for a minimal initial deposit and monthly lease rentals that also include routine maintenance of the vehicle.

The drivers are not required to seek a loan or financing either. In a period of 3 years, they can become the owners of the vehicles.

Ola is looking to form more such partnerships with other manufacturers. The company plans to add more than 1,00,000 vehicles to its fleet through its cab-leasing unit by end of 2016.

Earlier this year, we had reported that carmakers have started positioning more of their models in the fleet segment (click here to read report). Aggregators such as Ola and Uber have triggered a rise in demand for cars in the fleet segment. This has led to manufacturers turning to the segment to try and increase the sales of some of their slow moving models. Nissan too seems to have joined the bandwagon.

Source: ET Auto