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Sri Lanka auto market: Maruti, Toyota in pole position
12 Aug, 2011 13:46:55
Aug 11, 2011 (LBO) - Sri Lanka's brand new automobile market is dominated by India's Maruti and Toyota is leading the re-conditioned or imported used car segment, an analysis by J B Securities, a stock brokering firm, shows.
Maruti/Suzuki sold 1,373 cars in July 2011, and on average sold more than 1,100 units each month according to new vehicle registrations.

The best selling model was the 'Alto' which sold around 600 to 850 units a month. In July 858 units were registered.

Malaysia's Perodua and India's Tata cars were a distant second selling about 200 unit a month. In July, 175 Perodua cars and 177 Tata cars were registered. Tata started selling its 'Nano' in Sri Lanka recently.

Tata registrations shot up to 179 and 177 in June and July from a low from less than 20 a month up to May.

Among 'reconditioned' or used cars imported mainly from Japan, Toyota dominated, with more than 2,000 units being registered a month. But after May, when 2,368 Toyota's were registered volumes had declined. In June only 1,705 were registered and July 1,316.

Sri Lanka tightened rules of re-conditioned vehicle imports in April. Reconditioned vehicle registrations dropped from a peak of 3,110 in May to 1,727 in July.

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READER COMMENT(S)
4. Bun Key Choon Aug 15
Yes every patriotic citizen should stop buying Indian crap.

India has been bullying us since the time of the Ramayana, and our fools keep buying their products.

3. Vince Aug 13
Reconditioned Japanese cars are more fuel efficient and emit fewer pollutants than brand new cars. Since, these reconditioned cars are deigned for the Japanese market. Test them and find out.
2. Kumar Aug 12
Do not buy those indian items until they stop harassing sri lankan pilgrims and stop critisizing and degrading out cuntry and government. This is the most respectable and innocent way to teach them a good lession.

Indian must learn that someone has to buy their non durable primitive products. Hilory Clinton or their partners never buy anything from india.

1. Siri Sangabo Aug 12
Some people say economy is down, then how can car sales be booming, there are more car sales than 'bath kades' who is buying these cars?