Even as the Supreme Court verdict on Wednesday banning sale of polluting BS-III vehicles was delivered, it has predictably led to a mad scramble among dealers to sell their old stock before April 1 deadline.
With only one day to go, desperate dealers are offering three to four fold higher discounts.
Honda Motorcycle and Scooters India, the second largest domestic two-wheeler seller, is offering discounts of up to Rs 22,000 on the CBR 250 and on CBR 150. On other bikes it is offering Rs 18,500. Honda has the second largest stock of unsold BS-III vehicles which could be around 150,000 units.