Tax cuts not best way to revive auto demand: Toyota Kirloskar MD Masakazu Yoshimura

Breaking from industry consensus and taking a line different from his own company executives, Toyota Kirloskar Motor MD Masakazu Yoshimura told ET that rather than lowering taxes, incentivising consumers to scrap older vehicles and buy new ones is the best way to stimulate demand.

from Auto-Industry-Economic Times https://ift.tt/32TIpBA