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Uber reviews India leasing scheme as driver incomes drop: Sources

According to a news report by the Financial Express, ride-hailing company Uber seems to have hit yet another roadblock in India as it scales down its leasing service as its drivers have returned dozens of cars after their incentives were cut. 

Aparrently, Uber had planned to buy 15,000 new cars last year and lease them out in a bid to attract more drivers – a strategy it has used in other markets – but it suspended the scheme for a while in December after leasing just a third of that total.

This is yet another instance of how the face-off between the drivers and the cab-company is escalating with each passing day.

 

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Author: admin

1 Comment

1 Comment

  1. Kapil Munjal

    April 20, 2017 at 11:02 am

    The cab drivers of all aggregators are complaining about the less income per ride. The only way they are happy is that they have been able to more customers as compared to earlier. An plans to reduce their income will not make a feasible option for them to run their cabs anymore. Uber will have to work on different strategies now – either they reduce their commission or increase the fares.

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