Duty reduction on hybrids can disturb petrol/diesel sales: Hyundai
Hyundai, Tata Motors, and Mahindra & Mahindra raise objections to duty relaxations for hybrids, citing potential impact on petrol and diesel vehicle sales. The demand for lower duty on strong hybrids is being raised by top Japanese companies such as Maruti Suzuki, Toyota, and Honda who argue that the technology helps reduce emissions while boosting fuel efficiency.
Hyundai, Tata Motors, and Mahindra & Mahindra raise objections to duty relaxations for hybrids, citing potential impact on petrol and diesel vehicle sales. The demand for lower duty on strong hybrids is being raised by top Japanese companies such as Maruti Suzuki, Toyota, and Honda who argue that the technology helps reduce emissions while boosting fuel efficiency. What's Your Reaction?
