Automakers offered mega discounts and freebies to get rid of BS III stocks
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Two-wheeler market leader The company had offered discounts on its BS-III scooters and motorcycles to up to Rs 12,500 in order to liquidate the stocks. "In the past two days, we have taken tactical steps to assist our dealers and incentivise the customers with an objective to liquidate the remaining BS III stocks," Hero
He further said: "By the end of today, March 31, we would have sold almost all of our BS III inventory." Hero MotoCorp had switched to manufacturing only BS IV compliant vehicles since March 1 and is fully prepared to sell only BS IV vehicles from April 1, as per the order of the Supreme Court and welcomes its decision in the interest of public health,
"As a public limited company, we have thereby tried to minimise the losses of all our stakeholders," he added. When contacted,
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