Honda Motorcycle and Scooter India Pvt Ltd (HMSI), India's second largest two-wheeler maker, will buy unsold inventory of Bharat Stage-IV (BS-IV)-compliant vehicles from its dealers in the National Capital Region (NCR) and bear the interest cost of the full stock of BS-VI vehicles with its dealers across the country.
The company announced these measures to help its dealer partners maintain financial viability amid the nationwide lockdown that has brought sales to a grinding halt.
The government had imposed a 21-day national lockdown, effective 25 March and ending on 14 April, to contain the spread of coronavirus (covid -19) that has infected over 6,000 in India so far. “Honda’s slew of measures includes advance payments of incentives and