India’s auto industry is struggling with thin sales amid the Covid-19 outbreak. Citing the plight of the industry, the Federation of Automobile Dealers (Fada) has moved the Supreme Court of India seeking an extension of BS-IV vehicle registration beyond the last date of March 31, 2020.
India, in the midst of mild-to-serious Covid-19 outbreak, has 141 positive cases recorded as of Wednesday morning. This has led to several states going into partial lockdowns to contain the spread of the virus, which has affected sales of automobiles.
Sales have plunged by 70pc in the last four days, Fada claims.
Reduced customer walk-ins and weak market sentiment have pushed sales lower, as reported by Davis Index. Auto makers’s supply chains have been hampered due to China’s COVID-19 shut down, with production operations involving the new BS-VI vehicles affected the most.
In February, the SC had reiterated that BS-IV vehicles could no longer be registered for sale after March 31, 2020.