ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Big automakers teaming up with ride-hailing apps

Toyota announced an investment in Uber, the leading car-hailing app in the U.S., as consumers' buying and riding habits are changing.

NAGOYA/FRANKFURT -- Global automakers are increasingly teaming up with ride-hailing services in a bid to secure revenue as consumers' buying habits are changing in an app-fueled, ride-booking world. 

On Wednesday, Toyota Motor said it will partner with Uber Technologies, the leading American ride-hailing app provider, through capital and business alliances. Germany's Volkswagen plans to invest $300 million in Gett, an Israeli startup that operates a similar taxi service in the U.S. and Europe.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more