The T&T Automotive Dealers Association (TTADA) wants the Government to give concessions on foreign-used hybrid vehicles.TTADA president Visham Babwah said dealers have started importing used hybrids that run on a combination of unleaded gasoline and electricity.
Speaking at a news conference on Wednesday at P and V Marketing, Chaguanas, Babwah said a used Honda Civic hybrid costs around $135,000 and uses 60 per cent less fuel than a conventional gasoline-powered vehicle. He said the price can go down if the Government cuts import taxes.
Babwah said hybrids are a good option for reducing the fuel subsidy."We are supporting CNG, but hybrids can immediately contribute to the reduction of the fuel subsidy. If new car buyers get a tax incentive they would go for these cars."
