Automobile dealers move SC to sell BS IV inventory beyond April 1 deadline

Federation of Automobile Dealers Associations (FADA) members are operating on 3-5 per cent gross margins of the cost of the vehicles

Auto dealers have approached the Supreme Court to sell the remaining BS IV inventory purchased before March 2020 beyond the current deadline of April 1, 2020.

Federation of Automobile Dealers Associations (FADA), apex body of auto dealers in the country, on behalf of its members today filed an Impleadment Application in the Supreme Court along with an application seeking modification in the apex court’s order of October 2018, which directed that “…no motor vehicle conforming to emission standard Bharat Stage-IV shall be sold or registered in the entire country with effect from 01.04.2020.”

FADA President Ashish Harsharaj Kale said that