Jump to content


  • Content Count

  • Joined

  • Last visited

Posts posted by Skyonline

  1. 57 minutes ago, LCD said:

    @Skyonline I checked the bezza, maybe i'm wrong but it seems like the build quality is not that great in the bezza. Also have heard that it's not that stable on the highway when doing like 90 - 100kmph. One final thing is that i'm not sure whether 1000cc engine makes the car a bit under powered. 



    If it's is not a one time repair i think it's better to stay away. Thanks for the info guys (Y)


  2. Mahindra sets up car assembly plant in Sri Lanka

    Mahindra & Mahindra has set up an assembly plant in Colombo, Sri Lanka, as part of its initiative to push more volumes in the international market, at a time when domestic demand has been weak for the past one year.

    The Mumbai-based automaker will from Saturday start assembling compact SUV KUV100 at the new plant, with a production capacity of 5,000 units per annum.

    In collaboration with Ideal Motors of Sri Lanka, the plant has been built with an investment of over Rs 80 crore. The resultant entity has been christened Mahindra Ideal Lanka.  While Ideal Motors will own 65% of the joint venture, M&M will own the remaining.

    Pawan Goenka, managing director of M&M, said the company would roll out more products over the next three years from the plant. “This is the first passenger car assembling plant in Sri Lanka. Sri Lanka is a key strategic market for us and we are now fully equipped to deliver products customised to local needs, on time,” Goenka said.

    Mahindra Ideal Lanka will localise four components — batteries, tyres, seats and exhaust — to lower down the cost to some extent. Spread over 10 acre, the plant in Sri Lanka will employ around 200 people.  It was inaugurated by Sri Lanka PM Ranil Wickremesinghe.




  3. 1 hour ago, matroska said:

    Discussed in great detail over the last year or so so many times I just can't type the same thing anymore 

    for example 

    there are just so many .... please do a thorough search there's enough content there for you. 






  4. I am looking to replace my Alto with a Automatic Transmission car. AT is required for my wife (she is more comfortable in AT). Well my options are listed below.

    1. Suzuki Wagon R 2019
    2. Perodua Axia 2019
    3. Toyota Vitz 2018 (Recondition)
    4. Kia Picanto 2019

    Please help me which one to go for.
    Recommendations for any other car is also welcome and do share any other comments, suggestions and ownership experience of the said cars.

    Thanks in Advance.

    • Like 1

  5. Duty reduction for cars if Sri Lanka's trade balance improves

    The government is considering duty reductions for small hybrid cars as well as mid-size sedans after the country’s trade balance and foreign reserves improve later this year, authoritative official sources said yesterday.

    Finance Minister Mangala Samaraweera sharply raised taxes on small hybrid cars following Central Bank of Sri Lanka pressure to put the brakes on the top-selling Japanese Kei cars -- the smallest street-legal vehicle category -- that have out-paced even trishaw sales this year.

    Both Samaraweera and Central Bank Governor Indrajit Coomaraswamy have maintained that the higher tax slapped from August 1 was not intended to raise more revenue, but to discourage imports, save foreign exchange and ease pressure on the rupee.

    Sri Lanka's trade deficit will widen as the economy picks up, more foreign investments come in, tourism earnings go up and the government borrows abroad to fund domestic spending even if money is not printed, analysts say.

    Prime Minister Ranil Wickremesinghe told parliament last week that the small car taxes were a temporary measure and he hoped the trade balance would improve by the end of the year.

    “Car duties can be brought back to what they were before August 1 or even reduced further, especially for the mid-size cars below 1,500 cc category,” an official source said.

    He said the 2019 budget could have more measures to buttress Minister Samarawera’s “green, clean” vehicle policy of encouraging electric and hybrid vehicles.

    Moves to discourage diesel use are also expected with a total ban on the import of diesel powered vehicles for private use.

    “There would be a re-think on the use of diesel,” the official source said adding that a complete re-think of the country’s energy policy should be undertaken.

    - Prices remain stable -

    Despite the duty on a small Suzuki Wagon R going up by as much as 425,000 rupees, there was no marked increase in retail prices at local car dealerships in the past week. Several dealers with large fleets of cars in stock took out advertisements last Sunday saying that they were still selling at the old price.

    “This is a very price sensitive segment of the market. If we raise the price, we will not be able to move our stocks,” a dealer at Mount Lavinia said adding that he did not notice a spike in demand even at the old price.

    Car sales on internet portals also showed that there had been no upward adjustment of prices as demand remained sluggish. Dealers had imported large fleets of cars anticipating a tax increase in November.

    The Central Bank of Sri Lanka officials said there was a foreign exchange outflow of 195 million dollars to import cars below 1,000 cc engine capacity in the first five months of this year, dramatically up from 26 million dollars spent in the corresponding period last year.

    The mid-sized cars below 1,500 cc also saw a rapid increase going from 20 million dollars in 2017 to 73 million dollars this year.

    Gasoline powered Sports Utility Vehicles (SUV) also saw a surge this year. Imports of the high-end SUVs cost 8.8 million dollars this year, compared to just 2.6 million dollars spent last year.


  6. If you’re the sort of person who wants a nice looking small SUV that doesn’t cost too much and is more practical than some of its competitors, the MG ZS might be an option for you. 


  7. Sri Lanka allows electric car loans up to 90-pct of value

    Sri Lanka has relaxed budget proposals slashing Loan to Value (LTV) ratios for car imports and will allow loans up to 90% of the value for electric vehicles and 70% of the value for hybrid cars.


    Sri Lanka pre-budget vehicle import orders under previous duty rate

    Individuals who opened Letters of Credit for import of vehicles prior to the presentation of Sri Lankan government budget for 2018 last week can clear them under the previous duty rate, the finance ministry said.

    However, these vehicles should be cleared before April 30th 2018, Minister of Finance and Mass Media Mangala Samaraweera told parliament during the budget debate.