As Supreme Court latest norms on motorcycles get into effect from 1 April 2017, automobile manufacturers slashed the prices of the existing BS III vehicles. However, the sale has ended on Friday, customers across India has got huge discounts on BS III vehicles in India. The manufacturers have announced cash discounts up to Rs. 20,000 in the two wheeler range.
On the other hand, the low price sale pattern is imposed on the cars as well. Cars of BS III norms are sold with a discount up to Rs. 70,000 depending on the models and variants. Almost all of the automobile manufacturers have announced the clearance sale of the BS III vehicles. Like never before, the industry has noted record sale in a single day.
Also Read Two-wheeler manufacturers Honda,Bajaj,Hero,Suzuki offering upto Rs 22,000 discount on BS III vehicles
As per earlier reports, the automakers has urged SC to extend sale period for about 6, 71, 305 BS III units unsold. Interestingly, all the major companies have announced the swept off the stock by Friday evening. Also, the dealers claim all time record sales like never before including festive season. Some are claiming that there’s been a conspiracy behind these sales as many vehicles are sent to black market. However no proper evidence to prove the claims.
The automobile makers have passed the circular just two days before the end of the sale period. Also, the companies assured dealers that the discounted price will be borne by them. Few dealers have also provided free insurance and extended warranty bundled with discount.
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