MUMBAI: Over 200 sub-sellers and a few agents of Bajaj Auto in Punjab have stopped selling bikes from April 18 looking for compensation for the unsold BS-III gadgets following the Supreme court docket ban on sale of such fashions.
Bajaj has round forty marketers and over 200 sub-dealers in Punjab, who’re sitting over 1,000 BS-III devices given that ban bought right here into effect, in step with industry sources.
however, Bajaj Auto president claimed that none of its sellers are on strike.
“All our marketers are working and open. but there can be some sub-sellers who can have some issues with the agents,” Eric Vas, president, motorbike trade at Bajaj Auto mentioned in a textual content message. alternatively he refused to share the selection of unsold stock or each different important factors.
considerably, the Pune-based totally automaker had in February claimed that it was making best BS-IV fashions from late January. Its managing director Rajiv Bajaj had additionally blasted auto industry early February for in the hunt for extra time to enforce the brand new emission norms.
Sub-sellers say they’re saddled with virtually 1,000 unsold units of BS-III gadgets and the company is not able to commit any compensation. additionally they claimed many are afraid to go public on the problem fearing backlash from the corporate.
These sub-dealers and probably the most vital retailers have shuttered their industry for the earlier three days from April 18 in protest in opposition to the corporate’s technique to their downside.
On April 5, Bajaj knowledgeable agents that it might take again all of the unsold units from them on the other hand was silent on these with the sub-sellers.
Following the March 29 ban of sale and registration of BS-III models from April 1, Bajaj too joined its friends in providing heavy reductions to the tune of Rs three,500-13,000 to marketers to assist them postpone the banned vehicles.
As per an an affidavit filed in the Supreme courtroom on March 20, Bajaj had stated it had BS-IV certification for its flagship Pulsar 100 fifty because December 9, 2016, alternatively admitted that it had revamped 5,100 gadgets of the same version in BS-III variant even in February to lend a hand its suppliers from booking heavy losses.
As per the affidavit, it had moreover knowledgeable the apex courtroom that as of March 20, it had over 79,200 BS-III devices.