Sri Lanka

Vehicle registrations slow in May

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Vehicle registrations across the board slowed except for 2 wheelers, mini and light trucks - the turmoil in the country during that month has significantly contributed to the slowdown in May according to J.

B.

Securities monthly review.Total motor car registrations recorded 1,816 units in May down from 2,120 units in April and significantly down from 7,226 units 12 months ago.

Brand new motor car registrations recorded 291 units in May down from 309 units in April and significantly down from 1,267 units 12 months ago.

Small cars with engines less than 1,000 cc have a segment share of 74.2%.




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