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Old 19th June 2008, 13:01   #106 (permalink)
nkrishnap
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Join Date: May 2006
Location: Bangalore
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Quote:
Originally Posted by normally_crazy View Post
23 lacs ? And Honda says the 104% duty is to blame and they have asked the govt. to waive off the import duty !

My question is - if the govt waives off the full import duty, will Honda offer the Hybrid at 10.5 lacs ex-showroom ? If that happens I will believe that Honda is really bothered about the environment.
Quote:
Originally Posted by srishiva View Post
OT: U.S is asking China to remove subsidies on fuel to discourage people from using fossil fuels. I hope they do this to India too.
First the US should remove subsidies in US and request other countries. Its known that the majority of consumption of fossil fuels is in US.

If the govt waives off the full import duty. Be rest assured Honda wont sell the Civic @ 10.5 Lacs ex-showroom. It would be something like 13-15 lacs ex-showroom. They will bet a bigger margin on the hybrid, since the numbers sold will always be less than the regular civic
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