Central Bank orders banks to Suspend facilitating importation of all types motor vehicles,

Central Bank orders banks to Suspend facilitating importation of all types motor vehicles, Non essential goods for next 3 months

23 March 2020
PERMIT ALLOWED & 200% LC Margin Removed

200% LC Margin for vehicle now being removed and Vehicle import for permit also will be allowed .

19 April 2019
New Regulations

Government is regulating Imports

29 September 2018
Tax Revision

The excise duty levied on vehicles engine capacity less than 1000cc had been revised from today, the Finance Ministry said.

04 August 2018
Budget 2018-Vehicle TAX Change

We quote the summary of Vehicle Taxes imposed by the Govt. according to the 2018 Budget Proposal Sri Lanka for the convenience of our customers.

28 May 2018
Ford will add second model at Romania plant

Ford said it will add production of a second model at its plant in Craiova, Romania, alongside the EcoSport small SUV.

28 May 2018

Sri Lanka’s David Pieris Motor Company Ltd (DPMC), the sole distributors for India’s Bajaj-brand of vehicles is planning to officially launch three-wheelers in Sri Lanka

28 May 2018
Mercedes clocks production of 1 lakh cars in India

New Delhi: German luxury car maker Mercedes-Benz today reached cumulative production of one lakh cars in India with the rolling out of an E-Class sedan from its Chakan plant near Pune.

28 May 2018
Volvo aims to double luxury market share

HYDERABAD: Volvo Cars, owned by Chinese automaker Geely, is targeting to double its market share in India to 10% of the luxury segment in the next two years.

28 May 2018
BMW rolls out first-ever 6 Series Gran Turismo from Chennai plant

Chennai: The first-ever BMW 6 Series Gran Turismo has rolled-out of BMW Group Plant Chennai today. With this, the Munich luxury carmaker has taken its locally produced car models to 9.

28 May 2018
More taxes for vehicles over 1000 cc

The Vehicle Importers Association of Sri Lanka said that the Unit Rate Tax for vehicles with an engine capacity more than 1000 cc has increased with effect from midnight

28 May 2018
Duty reduction on electric vehicles, a farce - VIAL

The duty reduction on electric vehicles in the last budget has not had any effect and up to now not a single high quality electric vehicle has been imported to the country.

28 May 2018