Auto companies have announced huge discounts on two-wheelers of BS-3 standards in Delhi NCR. Companies have announced discount of 22000 rupees on motorcycles of BS-3 standards.

This announcement of the companies came just a day after the order of the Supreme Court which states that from April 1, orders have been issued to ban registration of two-wheelers with BS-3 standards.

Two leading two-wheeler makers such as Hero MotoCorp, HMSI, Bajaj Auto and Suzuki Motorcycle have announced a rebate of upto 22000 rupees on many of their models.

According to the report, 6 lakh 70 thousand bikes of eight lakh vehicles in the stock of companies in the NCR are BS-3 standard.

Dealers said they are trying to extract these vehicles from the earliest in the next 24 hours so that their minimum cost could be recovered.

Honda had initially announced a rebate of Rs 10,000 for its BS-3 scooters on its vehicles, but now this discount has been increased to motorcycles in the range of Rs 22000.

The models which are discontinued upto 22000 are Activa 3g (Price Rs 50,290), Dream Yuga (Rs 51,741), CB Shine (Rs 55,799 to Rs 61,283), CD 110 DX (Rs 47,202 to Rs 47,494).

Hero Motorcycle has announced a rebate of up to 12500 rupees in its BS-3 vehicles. The company has announced the maximum discount on its scooters.

At the same time, premium bikes have announced a rebate of Rs 7500 and a discount of 5000 rupees in the best-selling light motorcycles.

Federation of Automobile Dealers (FADA) Nikunja Sanghi, director (international affairs) told PTI, "Such a discourse has never been heard in the industry so far.

Asked what steps the dealer is taking in view of the verdict of the top court, he said, "Our emphasis is on selling as many vehicles as possible before the time limit." Our people are calling potential customers and telling them about exemption.

The Supreme Court yesterday said that the health of the people is more important than the commercial interests of the manufacturers. The apex court said that auto companies are fully aware that they have to manufacture only BS-4 standard vehicles from April 1, 2017, but despite this, they could not take any concrete steps themselves.

The Supreme Court has ordered that after April 1, vehicles with BS 3 emission standard will not be sold in India. The Supreme Court said that people's lives are more important than the business interests of the manufacturers. Since April 1 BS 4 standards are being implemented in the country. The number of ready BS3 vehicles in the factories is 8.24 lakhs, out of which six lakhs are two-wheelers.

The bench of Justice Madan Lokur and Deepak Gupta gave this order on Wednesday. Auto companies came to the Supreme Court against the implementation of the BS4 standard from April 1. In this case, the government had also supported the companies and had said that they should be allowed to sell the BS3 vehicles.

Indian companies and its dealers have a total inventory of two-wheeler vehicles of BS-3, which was about 6.71 lakh till March 20. Most of the vehicles are owned by two-wheeler companies Hero MotoCorp and Honda Motorcycle and Scooter India. Bajaj's share in this stock is around 12 per cent. Hero had nearly 2.90 million vehicles, while HMSI had estimated inventory of vehicles around 2.5 lakhs. Both companies are making full production BS-4 standard vehicles from March.

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