Bike dealers run out of BS-III inventory amid discount frenzy
Friday, March 31, 2017, 6:57 PM
After two-wheeler companies have announced massive discounts on BS-III models, showrooms have witnessed huge rush and stocks were sold off before Friday noon in most of the places. Companies said customers had to be turned away and even call police for help. Meanwhile, heavy discounts are expected to impact the companies' margins during the fourth quarter.