DICV sells all current BS-IV inventory, Auto Information, East Auto Information
New Delhi: Daimler India Business Car, the 100 per cent subsidiary of Stuttgart-based Daimler introduced on Friday that it has offered all of the remaining BS-IV shares. The automaker is now left with zero shares in factories.
Nevertheless, the corporate has a handful of autos left on the sellers nationwide, Daimler knowledgeable in a launch.
The announcement comes within the midst of appreciable headwinds out there, together with the continuing droop within the CV trade and the challenges introduced by the current COVID-19 lockdown.
Satyakam Arya, Managing Director & CEO, Daimler India Business Automobiles, stated, “From the start, we totally believed within the necessity of BS-VI as a manner of making a greener future for India. This made us proactive in growing BS-VI expertise so we might discontinue BS-IV as rapidly as potential.”
“Slightly than persevering with to promote these higher-emission autos till the final day, we as an alternative prioritized the surroundings. We’re happy to announce that our efforts have paid off and DICV as soon as once more leads the transition to a brand new emissions norm,” he added.
Rajaram Krishnamurthy, Vice President Advertising and marketing and Gross sales, Daimler India Business Automobiles stated, “As we strategy the March 31 deadline, we’ve got lower than a handful of BS-IV vehicles left at our dealerships. Like our clients and the remainder of the Indian public, we’re wanting ahead to shifting into the the following stage of our future – BSVI.”
In the meantime, the Supreme Court docket will hear the essential case of registration and extension of the BS-IV autos on Friday at three PM by way of video conferencing, Ashish Harsharaj Kale, President, FADA had knowledgeable.
FADA had approached the Supreme Court docket on March 17 with an extension request of two-months on the market and registration of BS-IV autos, following a drop in retail numbers impacted by the rise in coronavirus circumstances within the nation and dwindling buyer footfalls that has affected demand and introduced gross sales to a trickle.