Delhi’s loss is NCR’s gain. People rush to book SUVs in NCR after diesel ban by Supreme Court

After the Supreme Court slapped a temporary ban on registration of diesel vehicles with 2000cc-plus engines, many buyers are expected to rush to dealers in the National Capital Region (NCR) region.

It is speculated that registration of vehicles will shoot in the NCR.

Gaurav Vangaal, senior analyst-forecasting at IHS Automotive, told ET, "Dealers would also want to clear up available inventory. There will be a push on the supply side as well as a pull in the market. Discounting may start on these products."

As per reported, Delhi-NCR is the biggest market for big luxury vehicles as the region sells around 7,000-8,000 luxury units every year.

"It is a fact that people already register luxury vehicles outside Delhi to save registration charges. There is a loophole there. And this trend will go up once the ban is implemented,” Abdul Majeed, partner at Pricewaterhouse-Coopers, told ET.

(Image: Indiatimes)