After SC ban, massive rush for BS-III vehicle models being sold on discount

The Supreme Court recently banned sale and registration of BS-III vehicles after March 31

There has been a sudden rise in buyers at automobile showrooms after the Supreme Court banned the sale of BS-III vehicles from April 1 in an attempt to reduce vehicular emissions. While the automobile industry cried foul on the sudden ban, dealerships have tried to push out the inventory at heavy discounts. Almost all the top OEMs showrooms claimed that most of the stocks have been sold out. However, heavy discounts is expected to impact the two-wheeler companies’ margins during the fourth quarter.

Most of the OEMs have confirmed off the record that BS-III vehicles have been sold out in