SIAM, FADA to move SC for more time to register BS4 vehicles
According to a media report, the Society of Indian Automobile Manufacturers (SIAM) and Federation of Automotive Dealers (FADA) are planning to approach the Supreme Court to ask for an extension of the March 31, 2020 deadline for the registration for BS4 vehicles. This move comes amidst the outbreak of Coronavirus which has resulted in fewer footfalls in showrooms.
Two-wheeler dealers are worried about the high unsold inventory of BS4 bikes. While most of the BS4 four-wheelers have been sold, only select stock of certain non-moving colours and models is unsold. The deadline for registering all BS4 vehicles is just 2 weeks away and stocks of BS4 two-wheelers is still high.
SIAM is expected to approach its members and acquire their consent before approaching the Supreme Court of India.
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