right across the country auto companies are working overtime as no dealer can afford to have unsold bsiv vehicles mumbai twowheeler and commercial vehicle makers and dealers that hold unsold bharat stageiv stock may offer huge discounts in the coming days with less than three weeks left to register such vehicles industry executives saidthere is substantial unsold stock of bsiv units with some of the manufacturers they said the country will adopt bsvi emission standards on april 1 from when vehicles complying with bsiv standards wouldnt be allowed to sell or registerwhile the bsiv passenger vehicle inventory is said to be in a comfortable position except for some specific colours models and configuration of a few manufacturers it is not so in twowheelers and small cvs said dealers advt if you dont sell the bsiv stocks by march 31 then a dealer is stuck with unsold inventory as the customer cannot even register the vehicle post march 31 so keeping this in mind oems are being supportive and standing by dealers by giving them extra financial support as otherwise their bottom lines will be hit said nikunj sanghi a veteran automobile dealer and directorinternational affairs of the federation of automotive dealers association no dealer can offer discounts higher than his margins on each productadvertisements to clear bsiv stock clearly indicate that with the prevailing discounts these vehicles are far cheaper than the bsvi versions he saiddiscounts including exchange bonus currently are in the range of 10000 for models like heros pleasure and maestro scooters and as much as 40000 for the mahindra pickup camper and the maxi truckright across the country auto companies are working overtime as no dealer can afford to have unsold bsiv vehicles dealers are being advised that unless these vehicles were registered they should not deliver those to customers dealers are currently much more focused on liquidating their bsiv stocks especially in twowheelers than wooing customers to buy the bsvi versionsdealers are nervous also about possible delays they could face in the registration process at rtos towards the end of the month there is no provision for doing a temporary registration in march and completing the final registration in april as a desperate measure some dealers may register vehicles in their own names only to sell them off as secondhand vehicles next month albeit at a huge loss said some industry executives advt this situation is emerging at a time when the industry is going through one of its worst slowdowns twowheeler sales fell nearly 13 yearonyear between april 2019 and january 2020 to about 1526 million unitscompanies that took a conscious call almost 67 months ago to restrict production and dispatches of bsiv vehicles are sitting on manageable levels of inventory said vinay raghunath partner auto sector performance improvement at ey india read alsoharleydavidson ceo exits as iconic bike brand struggleshmsi plans local production of some big bikes from next fiscal by lijee philip et bureau published on mar 11 2020 at 0750 am