Supreme Court’s judgment on the sale of BS-III vehicles post-march 31, 2017 is seen as a great move for the environment. But due to the same, today being the last day, the automakers have announced huge discounts as stock clearance.
To liquidate stocks, major two wheeler companies like Hero MotoCorp, Bajaj Auto, Suzuki Motorcycle and others are offering discount up to Rs 22,000 on BS-III models.
With 6.71 lakh two-wheelers, out of over 8 lakh BS-III vehicles impacted by the ban, dealers said the immediate effort is to sell as many units as possible before the deadline by offering “unheard of discounts” in the industry.
HMSI has increased its discount to Rs 22,000 on BS-III scooters. Market leader Hero MotoCorp are offering discounts up to Rs 12,500 on its BS-III two wheelers.