Wednesday March 20, 2019
Home Business Concluding th...

Concluding the Era of BS-III Vehicles, Auto Companies allure Customers with “Unheard Discounts”

The ban has impacted over 6.71 Lakh two-wheelers out of 8 Lakh BS-III vehicles. The dealers are coming out of unheard schemes and discounts to prompt the sale as much as possible before the deadline

0
//
BS-III
Bikes in a showroom. Image courtesy: Wikimedia commons

New Delhi, March 31, 2017: The Supreme Court’s order banning the sale of BS-III vehicles from April 1 has led the automobile Industry into a frenzy. Auto dealers and manufacturers are offering bumper discounts on soon-to-be obsolete models.

The ban has impacted over 6.71 Lakh two-wheelers out of 8 Lakh BS-III vehicles. The dealers are coming out of unheard schemes and discounts to prompt the sale as much as possible before the deadline, Indian Express reported.

NewsGram brings to you latest new stories in India.

Highest discounts are on two-wheelers, with Hero MotoCorp, Honda Motorcycles and Scooters India and TVS Motor Company leading the line with discounts ranging between Rs 3,000 and Rs 22,000.

Market Leader Hero MotoCorp, with the biggest BS-III stock (2,97,577 units) was giving a refund of Rs 12,500 on scooters, Rs 7,500 on premium bikes and Rs 5,000 on different models on Thursday.

Go to NewsGram and check out news related to political current issues.

With the second biggest stock (2,25,599 units), Honda Motorcycles is giving a flat cash back offer of Rs 22,000 on its BS-III scooters and motorcycles.

TVS is offering discounts across its entire range up to Rs 20,150. Suzuki is offering discounts and offers up to Rs 5,000 while Bajaj is offering discounts ranging from Rs 3,000 to Rs 12,000, both on select models.

Bajaj Auto also offered discounts and free insurance on its different models, starting from the entry level Platina to Pulsar RS200 in the range of Rs 3,000 to Rs 12,000 along with free insurance.

“If there are any unsold inventory left, we have the possibility to export as we are a big exporter to around 70 countries across the world,” Bajaj Auto President (Business Development & Assurance) S Ravikumar told PTI.

Look for latest news from India in NewsGram.

These discounts, however, are only available till March 31, according to dealers. Analysts say these discounts will not help exhaust the obsolete stock.

“They can help close customers who walk in. But they cannot attract enough of them inside showrooms,” said John K Paul, president, Federation of Automobile Dealers’ Associations, adding that the discounts might not apply in the case of commercial vehicles.

-prepared by Ashish Srivastava of NewsGram Twitter @PhulRetard

 

Next Story

Supreme Court Signals Out Automobiles Cause Much More Pollution Than Burning Firecrackers

Making it clear that it does not want to generate "unemployment", the court said those who would lose their livelihood can't be compensated in terms of alternate jobs, financial or other support if the firecracker industry was shut down.

0
air pollution
Linking the plea for a ban on the manufacture, sale and bursting of firecrackers across the country with Article 19 (1)(g) guaranteeing the right to occupation, trade or business, a bench headed by Justice S.A. Bobde flagged the issue of loss of jobs if there was a clampdown on the firecracker manufacturing industry. Pixabay

The Supreme Court on Tuesday asked why firecrackers were being singled out for rising pollution levels when automobiles caused much more pollution. It asked the Centre to apprise it with a comparative study of the two.

Linking the plea for a ban on the manufacture, sale and bursting of firecrackers across the country with Article 19 (1)(g) guaranteeing the right to occupation, trade or business, a bench headed by Justice S.A. Bobde flagged the issue of loss of jobs if there was a clampdown on the firecracker manufacturing industry.

Article 19 (1)(g) of the Constitution guarantees the right “to practice any profession, or to carry on any occupation, trade or business”.

crackers
Observing how there can be a ban on the firecracker industry whose operations were legal and licensed, Justice Bobde said the way out was not cancelling the license but there could be a change in the licensing conditions.
Pixabay

Sitting along with Justice Sanjay Kishan Kaul and Justice S. Abdul Nazeer, Justice Bobde said the issue had not been examined on the touchstone of Article 19 (1)(g) of the Constitution.

Making it clear that it does not want to generate “unemployment”, the court said those who would lose their livelihood can’t be compensated in terms of alternate jobs, financial or other support if the firecracker industry was shut down.

Observing how there can be a ban on the firecracker industry whose operations were legal and licensed, Justice Bobde said the way out was not cancelling the license but there could be a change in the licensing conditions.

crackers
The Supreme Court on Tuesday asked why firecrackers were being singled out for rising pollution levels when automobiles caused much more pollution. Pixabay

The top court’s observations came in the course of hearing a PIL by a toddler — Arjun Gopal — seeking ban on the manufacture, sale and bursting of firecrackers across the country.

Also Read: Social Media Becomes Major Battleground For Political Parties,Twitter Starts Showing Billing Details Of Political Ads

Noting the work being done by the National Environmental Engineering Research Institute (NEERI) and the Petroleum and Explosives Safety Organisation (PESO) to produce green firecrackers, the top court had in its last order asked NEERI and PESO to stick the timeline culminating in the bulk production of firecrackers based on the new formulations by May 10, 2019.

The top court had in October 2018 permitted the use of only green firecrackers with reduced emission and decibel levels during all religious festivals. (IANS)