Commercial vehicle major Ashok Leyland said that the Supreme Court ban on the sale of BS-III vehicles will not impact the company's financial performance in any way.
Vinod K Dasari, managing director, Ashok Leyland said that the company had 10,664 BS-III vehicles, only 10 per cent of which were with the company's dealers.
Ashok Leyland dealers don't carry stocks beyond 5-7 days and function on a cash-and-carry basis.
The moment the Supreme Court order came in, the company told its dealers not to panic and assured them of its support, said Dasari after showcasing the indigenously developed Intelligent Exhaust Gas Recirculation (iEGR) technology