Sometimes it’s worth asking ‘What business am I in’ and while Ola and Uber are solving the personal transportation problem, they are also impacting the transportation industry as a whole.[Read : Own A Car or Rent One ? The End of Car Ownership In India Has Begun?]
“The age of access being offered by taxi-hailing apps like Uber and Ola is the biggest potential threat to auto industry. Since these apps operators have made transportation a commodity, (auto) sales could be hit and volumes get impacted,” said Anand Mahindra at the launch of Mahindra’s TUV300 launch. [source] [easy-tweet tweet=”The age of access being offered by taxi-hailing apps like Uber and Ola is the biggest potential threat to auto industry. ” user=”nextbigwhat”]
He also added that a lot of youngsters who can own vehicles today don’t want to own one, but only need access to transportation.
Surely a proof that Ola/Uber are impacting the industry at a much deeper level and are creating a shift in the way car manufacturuers make/sell their product.
Congratulations Uber & Ola !