M&M To Ask Govt Support For Purchasers

New Delhi: Taking a cue from developed economies such as the US and Japan where consumers are provided income-tax benefits for buying hybrid vehicles, Mahindra & Mahindra has said that it will also ask Government support to unveil its Scorpio hybrid in the country. Like in the case of its environment-friendly three-wheelers which the Government incentivised, they will also ask their support closer to the launch of Scorpio hybrid in the country. M&M''s Scorpio hybrid will be unveiled in the domestic market in the next 15-18 months. Earlier in the case of three-wheelers, the Government waived off Rs 80,000 of the vehicle cost for consumers buying it. In the US, a benefit of around $10,000 is given to consumers on income-tax and similar benefits are being extended in Japan too.