Heavy discounts on Two-wheeler upto 31st March - Hero, HMSI, Bajaj Auto and Suzuki Motorcycle
- Shekhar Chs
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Two-wheeler majors Hero MotoCorpBSE 0.26 %, HMSI, Bajaj Auto and Suzuki Motorcycle are offering discounts of up to Rs 22,000 on BS-III models to liquidate stocks, a day after the Supreme Court banned sale and registration of such vehicles from April 1.
Honda Motorcycle and Scooter India (HMSI), which had initially offered a flat discount of Rs 10,000 on its BS-III scooters and motorcycles increased it to Rs 22,000 later in the day.
According to the Society of Indian Automobile Manufacturers (SIAM), the manufacturers have a total stock of 8,24,275 BS-III-compliant vehicles.
Cash back offer of Rs 22,000 on its BS-III scooters and motorcycles models Activa 3G (priced Rs 50,290), Dream Yuga (Rs 51,741), CB Shine (Rs 55,799 to Rs 61,283) and CD 110DX (Rs 47,202 to Rs 47,494).
For other bikes, The models on which discounts are offered include scooters Duet (priced Rs 49,480) and Maestro Edge (Rs 51,030), motorcycles Glamour (Rs 59,755) and Splendor 125 (Rs 55,575). Discounts like: Rs 12,500 on its scooters, Rs 7,500 on premium bikes and Rs 5,000 on entry level.
Bajaj Auto also offered discounts and free insurance on its different models, starting from the entry level Platina to Pulsar RS200 in the range of Rs 3,000 to Rs 12,000 along with free insurance.
Earlier, the Ministry of Road Transport and Highways had issued a draft notification, making BS-IV-compliant vehicles mandatory across the country in a phased manner from April 1, 2017, without mentioning any date of registration.
The companies said the offer will be valid till stocks last or up to March 31.
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