The launch of new vehicles has come in the auto market during the festive season, while in the meantime, only 5 months are left for the new emission norms to be implemented. Car companies have also started launching BS6 models before the April 2020 deadline. However, the pace of updating to BS6 is likely to remain sluggish, as customers are still showing interest in BS4 models. This trend is especially visible during the festive season. The auto industry has also made several promotional offers to reduce BS4 inventory. Companies are offering discounts of up to Rs 1 lakh on select products of their portfolio.
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Discounts amid sluggishness in the auto market helped a lot in increasing sales, especially in the first 10 days of the festive season i.e. Dussehra. Sources say that in these 10 days, both the wholesale and retail sales of BS4 products of the country's largest carmaker Maruti Suzuki increased by 5-7%. It helped to eliminate the stock-old company. According to sources, "There is no significant jump in the sales of BS6 Norms, but there is not much-unsold stock of BS4.
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Hyundai Motors is also among the companies to accept BS6 cars soon. However, he does not feel that at present the sales of these vehicles are faster than the BS4 cars. According to Hyundai Motor India, people are still buying more BS4 vehicles due to offers and discounts. Only a handful of buyers are buying BS6 cars despite the price difference. Car dealers are also not very enthusiastic about BS6. They feel that it will take time to sell the new standard vehicles. Many dealers believe that manufacturers should have vehicles with both models to sell.
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