Ceylon Finance Today: Despite a vehicle import growth of 34% during the first nine months of this year, new registrations rose 10% according to Department of Customs and the Department of Motor Traffic.
During the first three quarters of this year 314,635 vehicles were imported to Sri Lanka, up 34% compared to 234,548 imported in the same period last year.
During the period there were 269,550 new vehicle registrations, up 10% compared to 244,361 registered in the same period in 2013.
Customs data shows that there were drops in three-wheeler, goods transport, tractors and other land vehicles imports during the first nine months of this year.
However, two-wheeler imports rose 80% to 206,981 in 2014 from the 115,249 reported in 2013, followed by a 70% growth in bus imports to 1,891 in 2014 from 1,114 units in 2013.
Motor car imports rose 24% during the first nine months to 24,715 in 2014 from 19,865 in the same period last year.
Data from the Department of Motor Traffic revealed that there were drops in new registration of three wheeler, goods transport, tractors and other land vehicles during the first three quarters.
However, registration of buses increased 51% to 2031 units in the first nine months of this year from 1,341 in 2013, followed by two wheeler registrations of 160,848 in 2014, up 30% from 124,091 in 2013.
Motor car registrations during the period rose 22% to 24,982 in 2014 from 20,450 reported in the same period last year.
Sri Lanka early this year witnessed its first Lamborghini registration after the government allowed imports of super cars.
www.ceylontoday.lk
During the first three quarters of this year 314,635 vehicles were imported to Sri Lanka, up 34% compared to 234,548 imported in the same period last year.
During the period there were 269,550 new vehicle registrations, up 10% compared to 244,361 registered in the same period in 2013.
Customs data shows that there were drops in three-wheeler, goods transport, tractors and other land vehicles imports during the first nine months of this year.
However, two-wheeler imports rose 80% to 206,981 in 2014 from the 115,249 reported in 2013, followed by a 70% growth in bus imports to 1,891 in 2014 from 1,114 units in 2013.
Motor car imports rose 24% during the first nine months to 24,715 in 2014 from 19,865 in the same period last year.
Data from the Department of Motor Traffic revealed that there were drops in new registration of three wheeler, goods transport, tractors and other land vehicles during the first three quarters.
However, registration of buses increased 51% to 2031 units in the first nine months of this year from 1,341 in 2013, followed by two wheeler registrations of 160,848 in 2014, up 30% from 124,091 in 2013.
Motor car registrations during the period rose 22% to 24,982 in 2014 from 20,450 reported in the same period last year.
Sri Lanka early this year witnessed its first Lamborghini registration after the government allowed imports of super cars.
www.ceylontoday.lk
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