India’s two-wheelers makers are offering steep discounts to offload their stock of BS-III vehicles, a day after the Supreme Court banned the sale and registration of such vehicles from 1 April.
Even Superbike makers Ducati, Kawasaki and Honda were also said to be offering discounts of up to Rs2 lakh on their Ducati Scrambler, Kawasaki Er-6n and Honda CBR650F BS-III variants.
With 6.71 lakh two-wheelers out of over 8 lakh BS-III vehicles impacted by the ban, dealers said the immediate effort is to sell as many units as possible before 1 April by offering “unheard of discounts" in the industry. Here are a few of them:
Honda: Honda Motorcycle and Scooter India (HMSI), which had initially offered a flat discount of Rs10,000 on its BS-III vehicles increased it to Rs22,000 later in the day. The company said it is offering a cashback offer of Rs22,000 on Honda Activa 3G (priced Rs50,290), Dream Yuga (Rs51,741), CB Shine (Rs55,799 to Rs61,283) and CD 110DX (Rs47,202 to Rs47,494).
A dealership in Pune is also offering the Honda Navi free on the purchase of a Honda CBR250R or CBR150R, auto portal Motoroids reported.
Hero MotoCorp: The market leader is offering discounts of up to Rs12,500 on its BS-III vehicles—Rs12,500 on its scooters, Rs7,500 on premium bikes and Rs5,000 on entry-level commuters. Discounts are being offered on models such as the Duet (priced Rs49,480) and Maestro Edge (Rs51,030), Glamour (Rs59,755) and Splendor 125 (Rs55,575).
Suzuki Motorcycle India: Suzuki Motorcycle India has announced Rs5,000 discount on the Gixxer motorcycle ( priced Rs77,452 to Rs90,421) plus Rs2,000 in cash benefits. The Let’s scooter (Rs47,272 to Rs53,766) is attracting a Rs4,000 discount plus a free helmet.
Bajaj Auto: Bajaj Auto is offering Rs3,000 discount on the entry-level Platina and up to Rs12,000 off on the Pulsar range of motorcycles, along with free insurance.
“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," Bajaj Auto president (Business Development & Assurance) S. Ravikumar told PTI.
All prices are ex-showroom, Delhi. The companies said the offer will be valid till stocks last or up to 31 March.