The implementation of BSVI Stage II regulations, which will mandate the onboard diagnostics (OBD)-2 norms, is going to entail a steep price hike across all categories of vehicles.
These are rough times for the auto industry grappling with falling sales and the shift to BS VI emission norms. Automakers feel that two trends can spark a revival—connectivity and electric mobility.
Overall sales of the auto industry, which has been facing headwinds for more than a year, fell 12.34% to 1,997,952 units in June from 2,279,186 units a year ago.