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Cut in excise taxes urged to boost sales.

Bangkok Post (Bangkok, Thailand)

| October 06, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Aranee Jaiimsin

Oct. 6--Toyota has called for the reduction of excise taxes on hybrid cars with engines larger than 3,000cc to boost sales and support the government policy to cut down on the use of fossil fuels.

Replacing gasoline engine cars with hybrid cars fuelled by a combination of electricity and oil, is an interim alternative for reducing gasoline consumption, before the commercialisation of hydrogen cars in the next 20 years, according to Ninnart Chaithirapinyo, vice-chairman of the Federaion of Thai Industries (FTI) and chairman of the FTI's automobile industry club.

Currently, hybrid cars are on average double the price of ...

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