India’s automobile distributors face worst case crisis next year.
The Automobile Dealers Association said in a statement Wednesday that,
After April 1, dealers in South Asia may be out of business if they are not allowed to sell old vehicles.
That means most manufacturers will only begin producing vehicles with the latest emission norms by the end of February, which means they will be stuck with previous models unless the Supreme Court reverses its mandate to sell only Bharat VI-compliant vehicles.
The court’s potential flip flop will further confuse consumers – who are already eligible to buy two minded vehicles – a mess that has contributed to the worst recession of car makers in India. The world’s fourth-largest automobile market belongs to some of the most polluted cities on the planet, and is moving to electric vehicles, eventually avoiding one-level emission standards to promote cleaner fuel.
“Many of our teams were unable to ensure 100% liquidation of the BS-IV inventory they have during the business before the deadline,” said Ashish Harsharaj Kale, president of FADA.
Most of them will face money related difficulties that harm the very existence of their business.
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