 "auto components")
After a tough environment for 15 months, the automobile industry now faces the final set of hurdles in the transition to BS-VI emission rules, say analysts. ‘Business as usual’ is likely, they expect, from the second quarter (July-September) of the coming financial year.
A nationwide and compulsory switch to BS-VI is due from April 1, 2020.
Amid increase in input and other costs, companies had decided to increase the price of their vehicles from January 2020. This is expected to push sales of passenger vehicles by 2 to 4 per cent in December; reportedly, bookings are in that range. Discounts and like
