Page 2 - Bs-vi Norms

Used cars could see an upswing after BS-VI switch despite sales slump

The used cars space is expected to reach 6.7 to 7.2 million cars per year and be valued at Rs 50,000 crore by FY22

10-day extension of BS-VI deadline unlikely to do 'any good': Report

vThe deadline was stretched on the plea of the Federation of Automobile Dealers Association (FADA), which had sought a additional time of two months to clear the BS-IV inventory

Covid-19 cloud hangs over BS-VI gear shift as March 31 deadline looms

Dealers are hoping their petition will be heard this week, though sources said it was unlikely to come up before March 31

Bajaj Auto opposes move to extend deadline for clearing BS-IV stocks

The automobile companies are supposed to stop selling any BS-IV vehicles by April 1

Indian Oil becomes first firm to begin supply of BS-VI fuel in country

This comes at a time when the nation battling outbreak of coronavirus imposed restrictions and states declared part lockdowns

Maruti's BS-VI sales in 11 months to February zoom past its BS-IV offtake

Firm says it had begun upgrading its engines to BS VI in 2016 after Govt announced the 2020 deadline. At that time, Indian auto sector hadn't even shifted to BS IV completely

Renault launches BS-VI compliant Duster, price starts at Rs 849,000

The BS-VI version of Duster will be available with a 1.5-litre petrol engine and a 5-speed manual transmission in three variants

Dealers are sitting on BS-IV two-wheeler stocks of Rs 3,800 crore

After March 31, BS-IV vehicles can't be sold in India

BS-VI transition, economic slowdown drag auto sales down 19.8% in Feb

Vehicle sales across categories stood at 16,46,332 units last month as against 20,34,597 units in February

Auto sale picks up in Feb but negative outlook for March over Coronavirus

Dealers are facing a new challenge with the Coronavirus cases being detected in India and an alarming drop in customer walk-ins in auto showrooms

BS-VI transition pulls down two-wheeler sales in Feb, but exports pick up

Hero's domestic sales dropped by 20 per cent to 480,196 in February 2020 from 600,616 a year ago. Exports rose to 18,046 units from 16,599 units during the same period

Suzuki Motorcycle February total sales rise 3.5% to 67,961 units

Domestic sales during February this year stood at 58,644 units as compared to 57,174 units sold in the year-ago month

BS-VI transition, supply disruption due to virus put car sales in slow lane

Carmakers also forecast that a continuous shutdown in China due to the spread of coronavirus would start affecting supply chains

Mahindra & Mahindra sales skid 42% to 32,476 in February, exports down 40%

The company had sold 56,005 units in the same month last year, M&M said in a statement

Hero launches BS-VI compliant Super Splendor; BS-IV products stopped

The company has already stopped production of all BS-IV products and is now manufacturing only BS-VI products, Hero MotoCorp said

IOC invests Rs 3,000 crore in Haldia refinery to meet BS-VI emission norms

State-owned Indian Oil Corporation (IOC) has made an investment of around Rs 3,000 crore to upgrade its refinery at Haldia to meet BS-VI emission norms, an official said on Thursday. The oil marketing PSU will invest another Rs 388 crore for setting up a grassroot bottling plant at Kharagpur, diesel exhaust fluid (DEF) plant at Budge Budge and lube blending unit at Paharpur in West Bengal. "IOC has made an investment of Rs 3,000 crore for upgrading the refinery at Haldia for the manufacture of petrol and diesel to comply with BS-VI emission norms," Pritish Bharat, ED (West Bengal, Sikkim and A&N), said. The new norms will come into force from April 1. He said the new BS-VI compliant fuel will have very low sulphur content as compared to BS-IV petrol or diesel. The company has incurred a total expenditure of around Rs 17,000 crore across its refineries in India to manufacture BS-VI compliant fuel, Bharat told reporters here. "All the retail outlets of IOC will be ready

Speed breakers to keep Bosch in slow lane, BS-VI transition key challenge

It has shed over 26 per cent in a year, with sluggish demand and weak operating leverage affecting its financials

Oil companies seek mechanism to pass through BSVI upgrade cost

BPCL will roll out BS-VI fuels at all its outlets from March

Hyundai to pass BS-VI transition cost to buyers in phases amid slowdown

The BS-VI emission norm would come into force from April 1 across the country and new cars cannot be sold unless they are compliant to the new standard

Coronavirus outbreak to have no impact on BS-VI transition: Ashok Leyland

The company, which is one of the leading players in the commercial vehicle segment, said its BS-IV inventory would be exhausted by the end of this month