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Tax cut on trucks, motorbikes from August 2017

| Car News, New Laws, Sri Lanka | August 18, 2017

Tax cut on trucks, motorbikes from August 2017

Customs duty on small trucks have been reduced by Rs. 300,000 while the duty on motorcycles (less than 150 cc) has been reduced by 90% from midnight today (17 August 2017), the Finance Ministry announced.

1,441 total views, 2 today

BMW i3, BMW i8 launched in Sri Lanka

| BMW, EVs, New Cars, Sri Lanka | January 29, 2016

BMW i3, BMW i8 launched in Sri Lanka

Prestige Automobile, sole representative of BMW in Sri Lanka, has introduced BMW i3 – a purpose-built electric vehicle with maximum safety and BMW i8 – the most progressive plug-in hybrid sports car to the local market.

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3,191 total views, 2 today

2763 deaths by Road Accidents in 2015

| Car Industry, Sri Lanka | January 2, 2016

2763 deaths by Road Accidents in 2015

Traffic DIG, Amarasiri Senarathna told Hiru News that the above number is the highest reported ever in history.

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1,414 total views, 1 today

Special training for passenger bus drivers

| New Laws, Sri Lanka | November 2, 2015

Special training for passenger bus drivers

With the aim of reducing the rapidly increasing accidents caused by passenger transport vehicles, special training has been made compulsory for drivers of SLTB and private buses with effect from this month, the Motor Traffic Commissioner’s Department (MTD) announced.

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1,216 total views, 3 today

Levy on motorists entering Colombo

| Car News, New Laws, Sri Lanka | November 2, 2015

Levy on motorists entering Colombo

The government is considering a levy on all vehicles entering the city of Colombo to ease traffic congestion and encourage car owners to use public transportation, official sources revealed.

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1,171 total views, 3 today

New tariff to facilitate Electric Vehicles announced

| Car News, Electric Vehicles, New Laws, Sri Lanka | October 19, 2015

New tariff to facilitate Electric Vehicles announced

In order to encourage the use of Electric Vehicles, on the 8th of July 2015, CEB had submitted a new tariff proposal for domestic consumers for the approval of the Public Utilities Commission of Sri Lanka.

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1,023 total views, 4 today

Low quality vehicles flood the market

| Car Industry, New Laws, Sri Lanka | October 11, 2015

Low quality vehicles flood the market

Local consumers will face difficulties in buying good vehicles in the future as low quality vehicles are being imported, says President Vehicle Importers Association of Sri Lanka Mahinda Sarathchandra.

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970 total views, 1 today

High number of Sri Lanka vehicle registrations continue

| Car Industry, Car News, Sri Lanka | September 14, 2015

High number of Sri Lanka vehicle registrations continue

Vehicle registration momentum continued into August although in most categories the numbers were lower than the all-time records set in July, JB Securities said in a research note.

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3,234 total views, 1 today

Geely International Awards Micro Cars Limited as 1st in Asia

| Car Dealers, Car Industry, Geely, Sri Lanka | February 15, 2015

Geely International Awards Micro Cars Limited as 1st in Asia

Micro Cars Limited became the winner of the coveted award for the Best Regional Distributor of 2013. This award proves the growing excellence of Micro Cars Limited and will mark a special milestone in its journey towards excellence.

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2,763 total views, 1 today

Unexpected tax hike for Hybrids cars in Sri Lanka

| Car Industry, Hybrid, Sri Lanka | February 8, 2015

Unexpected tax hike for Hybrids cars in Sri Lanka

Mahinda Sarathchandra, Chairman of the Vehicle Importers Association stated recently that prices of vehicles below 1000 cc would come down only by LKR 25,000 in the wake of the 15% tax reduction announced with 29th January interim budget and hybrid cars would go up by as much as Rupees one million.

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7,818 total views, 1 today

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