Decline in PV, two-wheeler inventory may help smooth transition to BS VI

The cutting down of production days by the automobile manufacturers against the backdrop of the slowdown has started paying off with the inventory levels in the passenger car and two-wheeler segments coming down, thereby helping a smooth transition to BS VI vehicles. Though commercial vehicles are yet to see relief in terms of unsold inventory levels.

Inventory level for passenger cars used to be around 30-35 days in January 2019, which dropped to 25-30 days in October 2019. The drastic reduction was in two-wheeler segment, which dropped to 35-40 days from 50-60 days. In the CV segment, inventory levels continue