DPMC celebrates 25 years

Views - 7 Wednesday, 23 January 2019 00:19

David Pieris Motor Company Ltd. (DPMC) commenced its Silver Jubilee year with a simple celebration for all its employees which took place on 7 January at its 30 regional offices islandwide, facilities complexes in Madapatha and Bandaragama and the ma

TVS Motor third-quarter profit rises about 16%, beats estimates

Views - 4 Wednesday, 23 January 2019 00:12

Reuters: Indian auto manufacturer TVS Motor Co Ltd posted a better-than-expected rise in third-quarter profit on Tuesday, aided by higher sales of its two- and three-wheeler vehicles. Profit rose 15.6% to INR 1.78 billion ($24.92 million) in the thre

DeepBlue technology hits urban roadway with debut of ‘Smart Panda Bus’ in China

Views - 3 Wednesday, 23 January 2019 00:00

On 18 January, DeepBlue Technology’s Smart Panda Bus, an Artificial Intelligence (AI) driving bus, made its debut at the ‘New Generation Artificial Intelligence Future Development Summit’ in Shanghai and is looking to redefining public transpor

HNB joins hands with Sathosa Motors for mega leasing promotion

Views - 15 Friday, 18 January 2019 00:00

HNB Leasing and Sathosa Motors PLC have renewed their partnership of 14 years to finance a range of commercial vehicles, to provide added benefits and facilities to HNB’s Small and Medium Enterprise (SME) customers. Effective from now until 31 Marc

Prestige Automobile on danger of repairing a BMW high voltage battery

Views - 13 Friday, 18 January 2019 00:00

Today, Hybrids and Plug-in Hybrid Electric Vehicles (PHEVs) have become game changers in shaping the automobile landscape by becoming easy to use, economically affordable vehicles. As these vehicles continue to revolutionise the persona of the automo

PickMe welcomes HNB Finance to corporate transport partnership fold

Views - 9 Friday, 18 January 2019 00:00

Further strengthening their corporate liaisons, PickMe, Sri Lanka’s leading technology driven mobility provider entered into a corporate partnership with premier financial solutions provider HNB Finance. PickMe’s signature safe, convenient and r

VW, Ford confirm alliance to build commercial vans, pickups

Views - 9 Friday, 18 January 2019 00:00

DETROIT, AFP: Volkswagen and Ford announced Tuesday that the automakers had agreed to an alliance to jointly develop commercial vans and pickups starting in 2022 in a bid to reduce costs. The announcement came after more than six months of talks bet

Auto industry entering ‘perfect storm’; not all CEOs prepared for impact: KPMG

Views - 13 Friday, 18 January 2019 00:00

As the global auto industry enters a phase of restructuring, global auto executives named connectivity and digitisation the number one automotive trend in the 20th KPMG Global Automotive Executive Survey (GAES). The survey overwhelmingly showed that

DPMC celebrates success at Annual Dealer Awards

Views - 11 Monday, 14 January 2019 00:18

David Pieris Motor Company Ltd. (DPMC) celebrated sales achievements of its spare parts dealers at the Annual Dealer Recognition Awards held at the Sri Lanka Karting Circuit (SLKC) Bandaragama recently. With participation of over 100 spare parts dea

Sampath Bank and Micro Cars launch 3 month leasing promotion

Views - 15 Monday, 14 January 2019 00:16

Sampath Bank PLC joined hands with Micro Cars Ltd. to offer special leasing packages on brand new Micro, Geely, BAIC, SsangYong and MG passenger vehicles from 13 December 2018 to 13 March. Customers can avail a host of benefits including special disc

Nissan’s Ghosn claims innocence in first appearance since November arrest

Views - 9 Monday, 14 January 2019 00:13

TOKYO (Reuters): Nissan Motor Co Ltd.’s ousted Chairman Carlos Ghosn declared he was innocent last week in his first public appearance since his arrest in November, telling a Tokyo court that he was wrongly accused of financial misconduct. “I hav

Off-road electric vehicles prosper while on-road hits trouble

Views - 10 Monday, 14 January 2019 00:12

The on-road electric vehicle industry knows it is headed for a vicious fight to the death as the biggest category, private cars, collapses due to people moving to cities and nothing compensates for saturation of the Chinese electric bus market. In co

Mercedes aims to be among top two players to scale autonomous tech

Views - 6 Monday, 14 January 2019 00:12

FRANKFURT (Reuters): Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the first two players able to scale up the technology, Mercedes-Benz executive Christoph Schroeder told German pa

Tokyo court rejects request to end Ghosn’s detention: Jiji

Views - 6 Monday, 14 January 2019 00:12

TOKYO (Reuters): The Tokyo District Court has rejected a request by lawyers of Carlos Ghosn to end the detention of the ousted Nissan Motor Co Ltd. Chairman, who has been held since his 10 November 2018 arrest on accusations of financial misconduct,

Italy offers $ 6,820 subsidy to buyers of green cars

Views - 16 Thursday, 27 December 2018 00:59

MILAN (Reuters): Italy will offer subsidies of up to 6,000 euros ($6,820) to buyers of new low emission vehicles while slapping taxes on the purchase of larger petrol and diesel cars, according to measures approved in parliament. The measures, contai

DIMO customers get exclusive AMG driving experience in Malaysia

Views - 28 Thursday, 27 December 2018 00:59

Reaching pulse raising speeds with amazing vehicle control among a group of like-minded performance enthusiasts is something the AMG Driving Experience represents. It’s also everything DIMO wants its Mercedes-Benz customers to experience. As the na

Green Bike Centre introduces hybrid scooters to the market

Views - 43 Thursday, 27 December 2018 00:58

California lets self-driving startup Zoox offer autonomous rides

Views - 9 Thursday, 27 December 2018 00:55

SAN FRANCISCO (Reuters): Self-driving car startup Zoox Inc. has become the first company to receive approval from California regulators to operate an autonomous ride service for public passengers, state regulators said on Friday. The California Publi

Dubai government to launch taxi venture with ride-hailing service Careem

Views - 13 Thursday, 27 December 2018 00:55

DUBAI (Reuters): Dubai’s transport regulator is to launch a new taxi service with Careem, a ride-hailing rival to Uber in the Middle East. The emirate’s Roads and Transport Authority (RTA) said the deal was the first in the world between a state

Maruti Suzuki to recall 5,900 mini pickup trucks

Views - 11 Thursday, 27 December 2018 00:54

(Reuters): Maruti Suzuki India Ltd., the country’s top-selling car maker, said on Wednesday it would recall 5,900 mini pickup trucks to inspect a defect in the fuel filter of some units.The automaker will inspect the likely defect in its Super Carr

India plans levy on petrol, diesel cars to boost EV demand: report

Views - 12 Monday, 24 December 2018 00:00

Reuters: The government has drafted a plan to levy a fee of INR 12,000 ($171.09) on new petrol and diesel cars in an attempt to boost the manufacturing of electric vehicles (EV) and battery-driven automobiles, the Times of India reported last week. U

Jaguar Land Rover official vehicle partner of Mamma Mia in Sri Lanka

Views - 36 Monday, 24 December 2018 00:00

SML Frontier, sole agents of Jaguar Land Rover in Sri Lanka announced their partnership with Cinnamon Life as the official transport provider for world renowned musical extravaganza Mamma Mia in Sri Lanka. Mamma Mia will be staged at the Nelum Pokuna

Simon Evans wins inaugural Jaguar I-PACE eTROPHY race

Views - 16 Monday, 24 December 2018 00:00

Simon Evanshas won the inaugural Jaguar I-PACE eTROPHY race, making history in Saudi Arabia. Evans started in pole position after qualifying was cancelled due to heavy rain in Riyadh. The starting grid was based on the results of Friday’s free pra

GT Radial Bonanza on tires

Views - 11 Monday, 24 December 2018 00:00

The first raffle draw of GT Radial Bonanza on tires was held at Douglas and Sons Ltd. and 10 customers were rewarded with 10 Bangkok trips. The draw was held under the observation of an independent monitoring board. The event was the first of three d

DSI Tyres becomes local agent for ‘Hankook’ Radial Tyres

Views - 56 Monday, 24 December 2018 00:00

Turning a new leaf in the radial tyre market, Samson Rubber Industries (DSI Tyres) recently introduced world renowned Hankook Tyres to Sri Lanka. Hankook Tyres which has a proud history of several decades is among the top 10 tyre manufacturing compan

The rise and fall of the hardest-working man in the brutally-competitive auto industry

Views - 122 Monday, 24 December 2018 00:00

Carlos Ghosn, Chairman and Chief Executive Officer of Nissan, Mitsubishi and Renault Corporations who is also known as Mr. 7-11, Mr. Fix or Mr. Turnaround according to Economic Times, has had a stunning fall from grace due to financial misconducts at

Volkswagen buys connected car unit from Volvo

Views - 13 Thursday, 20 December 2018 00:00

Berlin (Reuters): Volkswagen said it would take over Volvo’s WirelessCar, a Stockholm-based digital service developer, specialising in connected driving. The deal, which still has to be approved by cartel authorities, would make VW a 75% shareholde

Maruti Suzuki sees sales growth falling short of FY target

Views - 13 Thursday, 20 December 2018 00:00

Reuters: Carmaker Maruti Suzuki India Ltd said on Wednesday it would struggle to meet its target of double-digit sales growth for the year. Indian automakers are grappling with high commodity prices and foreign exchange rates, amid weak monthly sales

Serendib Finance and Wasana Trading launch 4-month leasing promo for Japanese vehicles

Views - 21 Thursday, 20 December 2018 00:00

Serendib Finance Limited, a fully owned subsidiary of Commercial Bank of Ceylon PLC, has launched a leasing promotion with Wasana Trading Ltd., a leading importer of vehicles from Japan. Under this promotion, Wasana Trading will offer attractive dis

McLarens Group opens new Mobil-3M Experience Centre

Views - 17 Thursday, 20 December 2018 00:00

McLarens Group opened a brand-newcustomer experience centre dedicated to products from Mobil Lubricants and 3M Global, in Colombo.The experiential centre – located at 347, Union Place, Colombo 02 – houses a universe of products from Mobil and 3M.

Today's Columnists

Lasantha, journalists and diplomats

Wednesday, 23 January 2019

We find scarce little to celebrate in a sullied land, marking our days remembering the tragedies that tell our blood-soaked history. In the troubled decades preceding, many, from the highest in the land to average citizens, have met with violent ends

Automation and machine learning: Helping organisations extract deeper value from data

Tuesday, 22 January 2019

The world is in the midst of a data explosion. Humans are generating an estimated 2.5 quintillion bytes of data every single day1, according to Forbes, and more data was created in the past two years than in all of human history. No wonder data now r

SL tourism: From TOM to experience the brand in 2019

Tuesday, 22 January 2019

Last week I had just crossed the border that separates Laos from Thailand and was on route via land to Thailand. My mind was on Laos – a country branded globally as ‘Simply Beautiful’ (backed by the ADB in 2018) to attract visitors into the cou

Questionable (or absurd) official report on poverty indicators

Tuesday, 22 January 2019

The latest Report issued by the Ministry of National Policies and Economic Affairs on ‘Poverty Indicators’ is both questionable and outrageous.1This Ministry is under the responsibility of the Prime Minister, Ranil Wickremesinghe. Most of the sta

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