Hero MotoCorp to take back unsold BS4 stock from dealers

According to a media report, Hero MotoCorp will take back all unsold BS4 stock from its dealers.

The report does not reveal any details about how the company plans to absorb unsold inventory from dealers across India. However, it is said that the company might export these BS4 scooters and motorcycles to other markets.

The deadline for the registration of new BS4 vehicles is March 31, 2020. From April 1, only BS6-compliant vehicles can be registered in India. However, earlier this month, the Supreme Court had relaxed the deadline as dealerships were unable to sell BS4 stock ahead of the deadline due to the Coronavirus pandemic. The apex court has allowed the sale of 10% of unsold BS4 stock within 10 days after the end of the lockdown.

Source