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Source - http://images.indianexpress.com
March 31 2017 the day when BS III
compliant vehicles sales is supposed to be stopped all over the country, this
will make 9 Lakh BS III compliant vehicles with a value of Rs. 12,000 Crs
obsolete in one shot. However a section of industry is keeping its hopes high
and believed that the government will move the deadline ahead to lower the
loss. According to an order of the Supreme Court-mandated Environment Pollution
Control Authority (EPCA), only BS4-compliant vehicles will be registered in the
country from April this year.
While one half of the industry is
in support of the mandate other wants the decision to hold until their stock
lasts. The main reason of the confusion is said to be the notice shared by road
transport and highways ministry which spoke about making BS IV Mandatory from
April 2017 but did not mention the discontinuing of BS III vehicles in the
country.
While the passenger vehicle
segment is happy with the introduction of BS IV but the commercial vehicle
& two wheeler segments are the one hit hard where a lot of old-generation
stock is lying in the market.
According to industry estimates,
nearly 75,000 units of BS3 commercial vehicles will be left unsold at the end
of March, leaving a question mark on their usefulness in case registration is
not allowed.
Meanwhile to stay away from all
the above regulations if you wish to buy pre-owned vehicles with CNG option, you
can get in touch with Shriram Automall. The company offers widest range of usedvehicles & equipment under one roof. You can also get take benefit from the
finance company offered in assistance with STFC.
For more information about buying or selling used vehicles and equipments please click here.
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