Honda Siel seeks policy clarity before hybrid car launch

Published on Fri, Sep 21, 2007 at 08:25 |  Source : Moneycontrol.com

Updated at Mon, Sep 24, 2007 at 12:45  

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Chennai, Sept. 20: Honda Siel Cars India will wait for clarity on policy before it launches its hybrid cars in India.

According to Mr Masahiro Takedagawa, President and CEO, Honda Siel Cars India Ltd, the company is discussing the issue with the Government through the Society of Indian Automobile Manufacturers, the automobile industry's trade body.

At the current level of import duties - over 100% - hybrid cars will be prohibitively expensive.

The company has a hybrid version of its popular Civic sedan, which it hopes to introduce in India once the policy framework is clear.

(Hybrid engines run on either petrol and electric power or diesel and electric power; they are more fuel efficient and less polluting.)

Honda's Civic hybrid runs on a mix of petrol and electric power.

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