Edition:
India

Fitch Says China's Hybrid Proposal May Further Japanese Carmakers' Lead


Thursday, 18 Jul 2019 

July 18 (Reuters) - FITCH: :FITCH SAYS CHINA'S HYBRID PROPOSAL MAY FURTHER JAPANESE CARMAKERS' LEAD.FITCH SAYS BELIEVE ENCOURAGING PRODUCTION OF LOW-EMISSION HV IS CONSISTENT WITH CHINESE TOP AUTHORITIES' ONGOING CAMPAIGN AGAINST ENVIRONMENTAL POLLUTION.FITCH SAYS BELIEVE POTENTIAL CHANGE IN CHINA'S AUTO MARKET REGULATION THAT RE-CLASSIFIES HV COULD HELP TOYOTA & HONDA STABILIZE REVENUE, EARNINGS.FITCH SAYS CHINA'S HYBRID PROPOSAL MIGHT INCREASE GLOBAL AUTOMAKERS' HV SALES IN CHINA.