26 July 2011

New Vehicle Registrations in Sri Lanka up by 55pct in June 2011

25th July 2011, lankapuvath.lk

Latest statistics indicate that new vehicle registrations in June 2011 reached 48,157 units, up 55.8 percent compared to 30,905 units in the same period 2010.

The Central Bank giving latest statistics indicated the biggest increase has been in three-wheelers which have increased from 8007 to 13,753 this year and accounts for a 71% increase.

The registration of Motor cars has been the second largest, showing an increase from 606 last year to 5,069 this year and accounts for a 736% increase.

Motor Cycles have also shown a significant increase from 18,725 last year to 22,690 this year and accounts for a 21% increase.

New registrations for all other motor vehicles such as buses, dual purpose vehicles, lorries and other transport vehicles for goods, tractors, hand tractors and other land vehicles, have also risen, the new data indicates.

Related Info :

Sri Lanka Increases Taxes on Imported Vehicles
Sri Lanka Motor Sector Profitability Drops but Rising income & Economic Growth Keeps Demand High

Sri Lanka Slashes Excise Duty on Vehicles, Taxes Taken Out on Electronic Items

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