XE) said Friday it expects a substantial increase in hybrid car production as a result of higher fuel prices and the ongoing environmental debate. Neumann said “that is a conservative estimate,” in light of rising oil prices and possible tax incentives for environmentally-friendly cars. Katharina Becker and William Launder; Dow Jones Newswires; +49 69 29 725 515; katharina. Fundamental data is provided by Zacks Investment Research , market data is provided by AlphaTrade. read more

Technorati Tags: , , , , , ,