Analysts expect the measures will boost sentiment and improve sales by year-end
India’s automobile dealers
face an existential crisis next year, an industry body said. Dealers in the South Asian nation may go out of business if they’re not allowed to sell older vehicles after April 1, the Federation of Automobile Dealers
Association said in a statement on Wednesday.
FADA said most manufacturers will start making vehicles with the latest emission norms
only by end-February, which means they’ll be stuck with previous models unless the Supreme Court
modifies its order mandating sales of only Bharat Stage VI-compliant vehicles.