The inventory of two-wheelers compliant with BS III emission standards sold out almost completely before the new BS IV standard set in on April 1, but half the commercial vehicle inventory was unsold, dealers said.
The Supreme Court this week disallowed the sale and registration of BS III vehicles after April 1. However, vehicles sold before March 31 will be registered.
The industry estimates the unsold commercial vehicle inventory with dealers is around 35,000.
John K Paul, president of the Federation of Automobile Dealers’ Associations (FADA), said discounts on the unsold stock were being offered by automobile manufacturers and these