Sri Lanka car sales centres are struggling to survive with automobile sales falling sharply due to high import duty, taxes including VAT on imports as well as the refusal of banks and financial ...

Mahindra India, together with Ideal Motors Sri Lanka, has assembled and rolled out 40, ‘KUV100 NXT,’ the first ‘Make in Sri Lanka’ cars from their assembly facility in Welipenna. Forty more cars are ...

Porsche car sales recorded a new high in Sri Lanka mainly due to the success of Cayenne and Panamera models, said Arthur Senanayake, Chairman of Euro Cars (Pvt) Ltd, sole authorized importer and ...

Sri Lanka imports almost all its vehicles, many of them from countries like Japan and India Sri Lanka is set to relax a ban on some vehicle imports in a sign the country is returning to normal after a ...

A file photo of Hyundai cars manufactured in India parked at Hambantota port in Sri Lanka. In 2011-12, out of India's $6 billion worth of auto exports, Sri Lanka accounted for $800 million. Photo: AFP ...

Supermarket shelves are bare and restaurants can’t serve meals, but Sri Lanka’s economic crisis is a bonanza for used car dealers, with vehicle shortages pushing prices higher than a house in a nice ...