MNCs and homegrown carmakers spar on hybrid car technology – Feedback

It is becoming a story of homegrown versus global players in hybrid car technology.

Players like Tata Motors and Mahindra & Mahindra (M&M) have decided to junk hybrid technology in the development of their cars, while multinationals like Maruti Suzuki, Toyota, and Honda are bullish on prospects of hybrid as far as the Indian market is concerned. Those in favour of hybrid are also pushing for relaxation of tax rates. When asked about his views on hybrid vehicles, Tata Motors Managing Director (MD) and Chief Executive Officer (CEO) Guenter Butschek said,.

http://www.business-standard.com/article/companies/mncs-homegrown-carmakers-spar-on-hybrid-car-technology-118021100572_1.html

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