Micro to open new chapter in public transport

Views - 30 Friday, 17 January 2020 00:00

Sri Lanka has a history of building motor coaches during the 1950s where passenger coaches were locally built on imported chassis. Similarly, trucks (lorry bodies) were also locally built during the same period. This industry (bus/lorry body building

CEAT treats 120 dealers to tours of Istanbul and Vietnam

Views - 11 Friday, 17 January 2020 00:00

A visit to the iconic Blue Mosque, a dinner cruise on the Bosphorus, a tour of Ho Chi Minh City, and an exploration of the underground tunnels of Cu Chi were some of the experiences to which 120 leading CEAT tyre dealers were treated recently during

NDB Leasing interest rates further reduced to 12.5%

Views - 12 Friday, 17 January 2020 00:00

NDB Leasing has taken additional steps to provide its customers with the very best in 2020 by further reducing interest rates to 12.5%. These competitive interest rates and flexible repayment plans extend up to five years for both registered and unr

Prestige Automobile embarks on HV battery recycling project

Views - 32 Friday, 17 January 2020 00:00

The contemporary models of BMW plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV) as well as MINI PHEVs commonly use Li-ion based cell modules for their high-voltage systems. Due to product changes, internal faults or end-of

BMW delivers 500,000th electrified vehicle

Views - 17 Monday, 6 January 2020 00:32

Germany-based BMW Group, an e-mobility pioneer, has reached another electromobility milestone and already delivered half a million electrified cars to customers worldwide. Sebastian Mackensen, BMW Group senior vice president Market Germany, handed ov

All-new Renault KWID Climber automatic makes its premiere

Views - 29 Monday, 6 January 2020 00:32

Associated Motorways Ltd., has launched the all-new Renault KWID Climber automatic, a completely new vehicle in terms of its exterior appeal and engineering excellence, as well as 16 first in class features. The all-new Renault KWID Climber automati

Anuranga wins Silver for Sathosa Motors at SLIM NASCO Awards

Views - 17 Monday, 6 January 2020 00:31

Sathosa Motors PLC ISUZU Genuine Spare Parts Division Head K.L. Daminda Anuranga recently brought honour to the company by winning a Silver medal at the 2019 SLIM National Sales Congress (NASCO) Awards. During a gala ceremony held at the BMICH in Co

Nimato introduces new helmet with Bluetooth SLS and ISO 9001:2015 certifications

Views - 19 Monday, 6 January 2020 00:26

Nimato Ltd., manufacturer of SSG helmets and the pioneering company in manufacturing helmets in Sri Lanka, introduced a helmet with inbuilt Bluetooth manufactured under SLS and ISO 9001:2015 quality certifications recently. With the new helmet, the r

Uber completes acquisition of Careem for $3.1 b

Views - 22 Monday, 6 January 2020 00:25

Uber, a major taxi-hailing services provider, has confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. With this, Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. C

Kia rolls out all-new sporty and confident ‘Stonic’ in SL

Views - 30 Wednesday, 1 January 2020 00:00

Kia’s pledge to reignite interest in Sri Lanka’s automobile market with exciting new entries has seen the release in Colombo of a second new model from the Korean nameplate in less than a month. Described as one of the brand’s most striking car

Hyundai Venue wins ICOTY 2020, Viewer’s Choice Car of the Year 2019 awards

Views - 22 Wednesday, 1 January 2020 00:00

Compact SUV Hyundai Venue was recently presented with two extremely impressive titles – the Indian Car of the Year (ICOTY) 2020 award and Viewer’s Choice Car of the Year award. The car rapidly garnered interest and took the market by storm after

Hero launches IMOTY Award-winning bike XPulse 200 in Sri Lanka

Views - 47 Wednesday, 1 January 2020 00:00

Reputed motorcycle manufacturer, Hero MotoCorp recently unveiled the stylish and innovative XPulse 200 to the Sri Lankan market. This exceptional model is equipped with five super features: a long front suspension travel of 190 mm, an LED headlamp,

Turkey unveils first fully homemade car in $3.7 b bet on electric

Views - 15 Wednesday, 1 January 2020 00:00

ISTANBUL (Reuters): Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a project expected to cost 22 billion lira ($3.7 billion) over 13 years. Th

TVS Motor Company launches TVS NTORQ 125 Race Edition in Sri Lanka

Views - 17 Wednesday, 1 January 2020 00:00

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, launched the TVS NTORQ 125 Race Edition. The Race Edition comes with Signature LED DRLs and LED Headlamp. Additionally, it is equipped with the Hazard lamp wh

Access Motors introduces advanced update for Jaguar I-PACE owners to increase real-world range

Views - 25 Thursday, 19 December 2019 01:26

Access Motors, a member of the Access Group and Sole Agent for Jaguar in Sri Lanka, is giving Jaguar I-PACE customers an early Christmas present in the form of a complimentary update for the award-winning all-electric SUV model that will provide inc

Volvo to sell low-margin Japan truck unit to Isuzu in $ 2.3 billion deal

Views - 23 Thursday, 19 December 2019 01:24

Tokyo/Stockholm (Reuters): Sweden’s Volvo AB will sell its Japan-based UD Trucks business to Isuzu Motors in a deal worth ar ound $ 2.3 billion, exiting a low-margin business and boosting its cash pile as competition for high-tech trucking heats up

Toyota to use advanced self-driving tech in commercial vehicles first

Views - 17 Thursday, 19 December 2019 01:24

TOKYO (Reuters): Toyota Motor Corp plans to first deploy advanced self-driving features in commercial vehicles before adding them to cars meant for personal use, a senior official at the Japanese auto major said yesterday. It will be easier to apply

Long road ahead as Fiat Chrysler, Peugeot agree $ 50 b merger

Views - 21 Thursday, 19 December 2019 01:24

Paris/Milan (Reuters): Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world’s fourth biggest carmaker, and now face the challenge of winning over regulators and delivering on a pledge to slash costs without closing fac

CMSC celebrates 85 years

Views - 16 Wednesday, 11 December 2019 01:35

1934 saw the birth of the Ceylon Motor Sports Club, believed to be the oldest motoring club east of the Suez. To mark the event, the Club organized a gala dinner evening at the Ramada Hotel in Colombo.

Ceylon Electricity Board opts for TATA Prima Tippers from DIMO

Views - 24 Wednesday, 11 December 2019 01:34

The only authorised distributor for TATA vehicles in Sri Lanka Diesel & Motor Engineering PLC (DIMO) recently delivered four TATA Prima tippers to Ceylon Electricity Board (CEB) – Lakvijaya Power Plant, Norochcholai recently.

Flying cars could lure investors away from ground-based services: Survey

Views - 10 Wednesday, 11 December 2019 01:31

Electric air taxis known colloquially, if somewhat misleadingly, as “flying cars” could draw millions of investor dollars away from ground-based transportation start-up firms in 2020, according to a study released on Monday.

Honda Motorcycles –best choice for corporate fleets

Views - 21 Wednesday, 11 December 2019 01:27

The executive range of Honda bikes offered by Stafford Motor Company Sri Lanka, including CB Shine 125CC and CD Dream 110CC, is markedly the number one choice in Sri Lanka for corporate and bulk buying.

Access Motors and Council for Business with Britain fundraiser felicitates Kumar Sangakkara

Views - 32 Wednesday, 4 December 2019 00:49

Access Motors, together with The Council for Business with Britain (CBB), which is part of the Chamber of Commerce, hosted a fundraising event to felicitate Sri Lankan cricketing icon Kumar Sangakkara at the Shangri-La Hotel, Colombo recently. The ev

DSI Tyres becomes ‘Turnaround Brand of the Year 2019’ at SLIM Brand Excellence Awards

Views - 22 Wednesday, 4 December 2019 00:47

DSI Tyres, the revolutionary leader of the tyre world was named in glittering gold ‘The Turnaround Brand of the Year 2019’ at the SLIM Brand Excellence Awards which is undoubtedly the most prestigious celebration of brand excellence in the island

New Nissan CEO pledges better performance, cooperation with Renault

Views - 15 Wednesday, 4 December 2019 00:47

Yokohama (Reuters): Nissan Motor Co chief executive Makoto Uchida said on Monday that he would work to improve the automaker’s financial performance and co-operate closely with alliance partner Renault SA, while maintaining Nissan’s independence.

AMW receives ultimate hallmark of sales excellence at SLIM NASCO Awards 2019

Views - 27 Wednesday, 4 December 2019 00:44

Associated Motorways Ltd. (AMW) was in the spotlight again, with the conclusion of SLIM NASCO Awards 2019; which is one of the most anticipated events in Sri Lanka’s annual corporate calendar. Organised by the Sri Lanka Institute of Marketing (SLI

CMTA appeals Customs to take action for Rs. 160 m duty loss on 13 Audi vehicles

Views - 18 Wednesday, 4 December 2019 00:43

The Ceylon Motor Traders Association (CMTA) wishes to clarify that Drive One Ltd., the sole authorised dealer for Audi in Sri Lanka, was not the importer of the 13 units of mis-declared Audi A5 cars. The importation was done by certain parallel impor

Swedish Cars introduces most-awarded urban SUV Volvo XC 40

Views - 67 Monday, 2 December 2019 00:24

Europe’s most awarded compact SUV Volvo XC40 was officially launched today by Swedish Cars Ltd. at their state-of-the-art 3S facility in Kandy road, Peliyagoda. The Volvo XC40 is a compact urban SUV brim with Scandinavian style and innovation. Crea

DSI Tyres recognised among Sri Lanka’s Most Loved Brands, unveils new innovative website

Views - 12 Monday, 2 December 2019 00:23

The revolutionary leader in the tyre world, DSI Tyres, unveiled its new and innovative trilingual website offering a fresh and comprehensive user-friendly interface. The website has been designed ensuring customers have easy access and

CMTA warns public to be wary of purchasing vehicles that are under investigation

Views - 17 Monday, 2 December 2019 00:22

The Ceylon Motor Traders Association (CMTA) in a statement said that it was recently informed that 13 Audi A5 motor vehicle units had been imported under Customs Declaration number CBMV1 2019 I 4730, which wrongfully declares 2,000 CC petrol engine c

Today's Columnists

Research and Development: Is it essential for Sri Lanka?

Thursday, 23 January 2020

Not long ago, on the day of our 71st Independence Day celebrations, the Army for the first time in our history paraded a locally built Multi-Barrel rocket launcher. It was never revealed that the Sri Lanka Army had an R&D wing named Center for Resear

Our heritage is Kandyan law; not Roman Dutch law as Rathana Thero thinks

Thursday, 23 January 2020

There were four bills presented by private members to the Parliament on 8 January (one bill is to be presented) which were already advertised in the gazette. They were to repeal the Kandyan Marriage and Divorce Act No. 44 of 1952; to repeal the Musli

Sri Lanka at tipping point ?

Thursday, 23 January 2020

Let’s accept it, Sri Lanka is in trouble with the economy growing at +2.6%, exports declining for the fifth month in a row to register a marginal +1% growth, tourism declining by -20% and S&P credit rating at B with Negative Outlook, which sure ind

The importance of business incubators for emergence of new businesses

Thursday, 23 January 2020

The new Government is poised to enter an arena in the development of entrepreneurship in the country which most of the developed countries have succeeded at the initial stages as well as in continuous efforts. The appointment of the new chairman and

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