Auto dealers fear heavy losses with BS-IV inventory stuck due to Covid-19

The dealers can only sell BS-IV inventory till April 24, under the current situation. The SC had said the relaxation was not for the Delhi-NCR region, making dealers of the area particularly tense

Automobile dealers fear of losing thousands of crore as they have not been able to sell a huge chunk of BS-IV stocks due to lockdowns. They said the 10-day relaxation given by the Supreme Court (SC) on March 27 won’t help their situation.

Federation of Automobile Dealers Association (FADA) said that the VahanPortal, used for vehicle registrations, was also is disabled and if it was not opened, dealers would face huge losses as they will not be able to liquidate BS-IV stocks.

The dealers can only sell BS-IV inventory till April 24, under the current situation. The SC had said the relaxation