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.
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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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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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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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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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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1,732 total views, 2 today
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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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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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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3,619 total views, 2 today
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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10,085 total views, 3 today