TSXV:FCO.H - Post by User
Comment by
idleSpeculatoron Jun 11, 2004 12:37pm
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Post# 7600961
RE: The "hybred" auto industry
RE: The "hybred" auto industry GM are talking out of their rear end.
The extra $3000 cost of the hybrid car is never compensated for by savings in gasoline. Currently less than 50K cars produced worldwide, without legislation and big tax incentives it will never take off. Currently the US is reducing the tax breaks on hybrids and NOT on SUV's go figure?
Read link I posted on the subject a couple of weeks back for much more info if interested.
https://www.stockhouse.com/bullboards/viewmessage.asp?no=7993527&t=0&all=0&StartDir=N&StartID=7985219&StartTable=1&TableID=0