Yesterday the Supreme Court ordered that two-wheeler that don’t comply with BS-IV emission norms will be not be allowed to register from April 1, 2017 onwards.
The major 2 wheeler manufactures such Hero Motocorp, Baja Auto Suzuki Motorcycle and Honda are offering lucrative discounts post BS-III vehicle ban. In a bid to clear our the BS-III complaint models, the above company are offering discounts of INR 22,000.
With more than 8 lakhs BSIII vehicle impacted by ban, the dealers are looking to sell of as many units as possible prior to the deadline with unheard discounts in the industry. As per the company these lucrative discounts are valid till stocks last or to March 31st 2017.
With Honda 2 Wheelers initially offered about INR 10,000 flat discount on its BS-III complaint models which later was increased to INR 22,000.
The company is offering discount on motorcycle and bikes as a part of its cash back offer which includes Activa 3G, Dream Yuga, CB Shine and CD 110DX which are priced at INR 50,290, INR55,799 to INR 61,283 and INR 47,202 to INR 47,494 respectively.
On the other hand, Hero Motocorp also aims to liquidate the stocks by offering discounts up to INR 12,500 on its BS-III complaint two-wheelers.
As per the dealers, the company is offering discounts up to INR 12,500 on its scooters and INR 7,500 on premium bikes.
The company also offering rebate of INR 5000 on entry level mass market motorclycle.
The BS-III models which are priced at Duet at INR 49,480, Maestro Edge INR 51,030, Glamor INR 59,755 and Splendor 125 INR 55,575.
Another two wheeler giant to enter the offer deal is Bajaj Auto which is currently offering discounts as well as free insurance on different models. With it entry level product offering – Platina to top the line model – Pulsar RS200, the bike manufacturer is offering discounts in the range of INR 3,000 and INR 12,000 respectively.
Bajaj Auto President (Business Development & Assurance) S Ravikumar stated that, “If there are any unsold inventory left, we have the possibility to export as we are a big exporter to around 70 countries across the world.”
Adding to the list is Suzuki Motorcyle India which are annouced lucrative discount on its Let’s Scooter and Gixxer motocyle which are priced in the range of INR 47,272 to INR 53,766 and INR 77,452 to INR 90,421 respectively.