Uber, Ola Could Eat Into Auto Sales : Anand Mahindra [The Big Deal]

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 !

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