Toyota Motor Corp, Uber Latest to Join Forces in Ride Sharing Rush

About Toyota Motor Corp & Uber :

Toyota Motor Corp : Founded in 1937 by Kiichiro Toyoda, Toyota is now one of the pioneer automakers and has spread its business across all over the glob. This Japanese company has its headquarter in Toyota, Aichi, Japan. When its about revenue, quality, production etc then Toyota is far ahead of its rivals like Volkswagen and General Motors. On heavy demand of customers Toyota offered over 10 million automobiles in a year which is a record by any automaker company in the world. Toyota always works for the wellness of customers thus it now has made partnership with “Uber”.

Uber : Uber was founded to provide amazing car experience while you travel in a local area. The company offers high quality transportation services on demand of customer. Founded in 2009 by Travis Kalanick & Garrett Camp with its headquarter in San Francisco (US), the firm now offers all its services across all over the world. Uber is the only place “where lifestyle meets logistics”. Uber allows the smart phone owners to get taxi when ever they want by using Uber App on there phone easily. Due to its high quality services as well as popularity among the consumers, Uber has got attraction of various giants from Automobile as well as Technical Industry. The name which is recently added with Uber is “Toyota”.

Ride Sharing Process of Toyota Motor Corp & Uber :

Toyota Motor Corp and Uber has announced that they will be partners for allowing amazing ride sharing services to the customers for providing tough competition to all there rivals in the market. For this amazing deal both these companies has superb investment from Japanese Auto Maker & on Demand Ride Company. Toyota has invested huge amount of money as well as other services to Uber so that the things keep on going well and get improved too. This deal among all these high profile companies is the latest as well as largest deal in Car Maker and the Ride Sharing Service Providers.

Apart from Ride Sharing one more amazing thing which the partner companies have dealt is that Toyota Motor Corp will offers Leasing Financial Services to the Car Buyers and the payments for these lease can be easily done through earnings earned from Uber by Uber drivers. Toyota and Uber has not disclosed much information about the deal but it is sure that apart from ride sharing and vehicle lease this deal will lead up to a very higher level. This deal is much likely to the collaboration and partnership between Ola Cabs and OnePlus which is expected to bring in bountiful of success in Indian market.

The partnership deal came into place when a German Company Volkswagen granted $ 300 million investment to a small ride sharing company Gett, Apple invested $ 1 billion in a Chinese ride sharing service provider Didi Chuxing, NuTonomy, (a firm from Bill Ford) invested $ 16 million in to help develop self driving taxis in Singapore and General Motors’ invested $ 500 million in Lyft (Ride Sharing Company). Toyota Motor Corp is offering all kind of investment from its other corporation known as “Toyota Motor Corp Financial Services Corporation and Mirai Creation Investment Limited Partnership”. Now days all well known automakers like Ford are also looking for ride sharing partners such as Apple, Google and Other Technology Companies.

To provide much needed start boost to this project both the companies are doing heavy research in self driving cars and other technology which help to connect travelers with transportation mediums. The firms has announced that the output of this research will be disclosed very soon and the experience of this research will be shared with all.