Past week Volkswagen allocated $300 million into taxi hailing-cum-riding sharing app Gett.Uber now have a clear rival in form of Volkswagen.Company now made clear and is to offer premium higher end vehicles i.e. Chauffeur Service of Audi and Porsche.
Gett is likely to provide VW cars to Gett's driver with some discounts.Similar offer as that of Uber which helps their drivers to get discounts in purchase,insurance and installments.Uber even do accept cab on monthly hirement. VW will now be focussing in both segment transport and manufacturing.We do see future where there will be gradual reduction in owned car and increase in preference to such services.
Rivarly between ride hailing getting increase is another issue, but even automakers are facing threat from EV electric vehicles such as Tesla who is mass producing electric cars.This will cause reduction car price.