• 11/26/2024

Toyota lobbies India to cut hybrid-car taxes as much as 21% – letter

Reuters

Reuters exclusively reported that Japan’s Toyota Motor (7203.T) is lobbying the Indian government to cut taxes on hybrid vehicles by as much as one-fifth, arguing they are far less polluting than petrol cars but do not get commensurate policy treatment.

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https://www.reutersagency.com/en/reutersbest/article/toyota-lobbies-india-to-cut-hybrid-car-taxes-as-much-as-21-letter/