Insta
Sale Of Two-Wheeler Automobiles Gathers Pace As Industry Gears Up For Shift To BS-VI Compliant Vehicles
Swarajya Staff
Feb 03, 2020, 10:46 AM | Updated 10:46 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
In a major boost to the persistent flagging sales of automobiles observed over the past several months, the sales of two wheeler automobiles has picked up pace across the nation as per industry insiders, reports Economic Times.
The development comes as the industry is set for a sea change as the stocks of Bharat Stage-IV compliant vehicles dry up, making way for the newer and costlier Bharat Stage-VI compliant vehicles. The change would be fully effective from 1 April.
As a result, the Bharat Stage-IV vehicles are being sold across India at rates much lower than their newer generation peers which are friendlier for the environment. The BS-IV compliant scooters and motorcycles in the market are cheaper than their BS-VI variants by as much as 7-15 per cent.
Automobile dealerships are said to be witnessed increased walk-ins at their stores since the middle of January, with customers looking for purchase of vehicles which the manufacturers would soon stop manufacturing to comply with the new norms.
The boost to sales comes as a major relief for the sector as the sales in the two-wheeler market had registered a decline of over 15 per cent in April-December period.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.