Formula E wants race in New Zealand, London return

Views - 7 Friday, 7 December 2018 00:00

LONDON (REUTERS): Formula E is keen on a race in New Zealand and hopes to return London’s streets even if Brexit means moving its logistics base out of Britain, chief executive Alejandro Agag said on Monday. The all-electric city-based series is p

Racing Drivers’ Association holds inaugural AGM

Views - 26 Friday, 7 December 2018 00:00

The inaugural Annual General Meeting of the recently-formed Sri Lanka Racing Drivers’ Association (SLRDA) was held on Wednesday 28 November, at the National Institute of Sports Science, in Colombo. Formed with the intention of uniting all national

Uber plans smaller, more cautious self-driving car launch

Views - 11 Friday, 7 December 2018 00:00

(Reuters): Uber Technologies Inc.’s UBER.UL is plotting the return of its self-driving cars, but the company known for its hard-charging style is taking a much more conservative approach as it tries to recover from a fatal accident that upended its

DIMO marks Michelin Man’s 120th birth year in celebration

Views - 17 Friday, 7 December 2018 00:00

Diesel & Motor Engineering PLC (DIMO) has been bringing international brands and technology to give convenience and advancement to Sri Lankans for almost eight decades. While DIMO has won over the trust of manufacturers from every corner of the world

Mahindra and Ideal Motors launches ‘Maximile’, Mahindra Genuine Oil with Lanka IOC in Sri Lanka

Views - 32 Wednesday, 5 December 2018 00:00

Mahindra & Mahindra Ltd., a part of the $ 20.7 billion Mahindra Group, and Lanka IOC, the leading automotive and industrial lubricant manufacturing company, have announced the re-launch of Mahindra Genuine Oil – Maximile. Mahindra will endorse the

Bajaj identifies Sri Lankan as key market and introduces Bajaj Qute

Views - 29 Wednesday, 5 December 2018 00:00

Standing among the top 10 business houses in India, the Bajaj Group’s footprint stretches over a wide range of industries, spanning automobiles (two wheelers manufacturer and three wheelers manufacturer), home appliances, lighting, iron, steel, ins

Porsche Club Sri Lanka: Bringing Porsche owners and enthusiasts together

Views - 60 Monday, 3 December 2018 00:52

Porsche Club Sri Lanka was formed on the initiative of gathering like-minded motoring enthusiasts, united by a shared passion. The Porsche Club Launch & Breakfast Drive 2018 in February 2018 was able to display that united passion by bringing togethe

LAUGFS launches Bike Point in Koswatta

Views - 25 Monday, 3 December 2018 00:51

Marking another momentous milestone, LAUGFS recently unveiled a state-of-the-art high-tech motorbike service centre in Koswatta. The LAUGFS Bike Point caters to the diverse service and maintenance needs of motorbike and scooter customers. Commenting

Hyundai Nishat Motor selects IFS Applications for nationwide rollout in Pakistan

Views - 21 Monday, 3 December 2018 00:48

IFS, the global enterprise applications company, announces that Hyundai Nishat Motor Ltd. will deploy IFS Applications 10 featuring robust, best-practice capabilities tailored for the automotive sector.

‘2018 Jeep Compass’ breaks the mould for urban SUVs

Views - 17 Monday, 3 December 2018 00:46

Diesel & Motor Engineering PLC (DIMO) recently unveiled the newest addition to the Jeep family the ‘2018 Jeep Compass’. The leading automotive giant and sole authorised general distributor for the inimitable Jeep brand of vehicles in Sri Lanka, D

Bajaj Auto sells record 502,000 vehicles in a month

Views - 26 Thursday, 29 November 2018 00:00

Bajaj Auto India has recorded its highest-ever monthly sales after reporting 502,000 units sold in September. It is a 17% growth compared to the same period last year which sold a total of 428,000 units.

Wurth recognised among most admired companies in Germany

Views - 15 Thursday, 29 November 2018 00:00

Wurth AG, the leading German company in the vehicle aftermarket and construction and metal/maintenance industry, has been recognised recently as one of Germany’s most admired and recognised companies by ServiceValue together with the widely-circula

President makes donation to Moratuwa University students who produced electric-powered racing car

Views - 18 Thursday, 29 November 2018 00:00

President Maithripala Sirisena donated Rs. 6 million to utilise for the future innovation works of the electric-powered racing car, produced by a group of students at the Department of Mechanical Engineering, University of Moratuwa at the Presidenti

Prestige Automobile unveils first-ever BMW i8 Roadster in Sri Lanka

Views - 33 Thursday, 29 November 2018 00:00

BMW Asia and Prestige Automobile Ltd. introduced the first-ever BMW i8 Roadster, a car that takes the BMW i8’s combination of locally emission-free mobility and high-calibre performance and sprinkles the drop-top driving experience into the mix.

Nissan votes unanimously to fire Chairman Ghosn, ending two-decade reign

Views - 17 Friday, 23 November 2018 00:00

YOKOHAMA, Japan/PARIS (Reuters): Nissan Motor Co.’s Board voted unanimously to oust Chairman Carlos Ghosn on Thursday after the shock arrest of the industry heavyweight, ushering in a period of uncertainty for its 19-year alliance with Renault. The

DIMO Premier: Hassle-free one-stop shop for certified pre-owned vehicles

Views - 15 Friday, 23 November 2018 00:00

DIMO is bringing the best of tailored, high quality service to customers via ‘DIMO Premier’, its product for certified pre-owned franchised and non-franchised vehicles. These vehicle owners can upgrade, or sell their vehicles via DIMO Premier wit

Hyundai Lanka partners with HNB to offer exclusive leasing packages

Views - 20 Friday, 23 November 2018 00:00

Hyundai Lanka Ltd., the sole authorised importer and distributor of Hyundai vehicles in Sri Lanka has joined hands with Sri Lanka’s premier retail bank, Hatton National Bank, to offer exclusive leasing offers on brand new Hyundai vehicles. The excl

Abans Auto collaborates with Piaggio Group for iconic Vespa and Aprilia scooters launch in SL

Views - 87 Friday, 23 November 2018 00:00

Abans Auto, the automobile retail arm of Abans Group, officially announced their appointment as Piaggio’s exclusive authorised distributor, and the subsequent launch of the famed Vespa and Aprilia Scooters in October. Being a symbol of freedom, spo

PickMe moves to new Advanced Technology Centre to further fortify IT stronghold

Views - 57 Thursday, 15 November 2018 00:10

In a bid to fortify its technological capacity and to offer enhanced services to customers, PickMe “Sri Lanka’s largest ride hailing and logistics service provider” moved its entire IT force in to a well-equipped, modern IT centre at 14th Floor

Toyota Lanka hosts dealer get-together for world-renowned Pirelli Tyres

Views - 17 Thursday, 15 November 2018 00:00

World-renowned Italian tyre manufacturer Pirelli recently held its annual dealer get-together at the Toyota Plaza in Wattala. Toyota Lanka is the authorised supplier and distributor of original Pirelli tyres in Sri Lanka and h

Classically British – Classic Car Club of Ceylon hosts 4th edition of British Car Day

Views - 32 Thursday, 15 November 2018 00:00

It was all about classic design mastery when the Classic Car Club of Ceylon partnered with SML Frontier Automotive Ltd., Hatton National Bank and Top Gear Sri Lanka for the fourth edition of British Car Day last mo

Financial Intelligence Unit signs MoU with Department of Motor Traffic

Views - 26 Thursday, 15 November 2018 00:00

In terms of the provisions of the Financial Transactions Reporting Act No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MOU) with the Department of Motor Traffic (DMT) on 1 November

Indian Railway rolls out anti-corrosive, special body train for Sri Lanka

Views - 29 Tuesday, 13 November 2018 00:46

Times of India: It is not only India that will get a train that looks like a bullet train. Integral Coach Factory (ICF), the railway’s premier coach manufacturing unit, has rolled out a special rake of diesel electric multiple unit (DEMU) with an a

VJ Automobile achieves milestone with second showroom at Thalawathugoda

Views - 426 Tuesday, 13 November 2018 00:46

VJ Automobile recently achieved a milestone to be part of the innovative automobile vertical by officially inaugurating its second showroom at Thalawathugoda. It will spearhead the promotion of latest brands such as Toyota, Honda, Nissan, Suzuki, BMW

App-based taxi-hailing cabs vs. independently operating three-wheelers

Views - 45 Tuesday, 13 November 2018 00:45

The advent of taxi-hailing apps changed the way Sri Lankans access three-wheelers and cabs. The average Sri Lankan mainly relies on three-wheelers to get from one point to the other, and long before the app-based taxi-hailing culture took root, three

HNB partners Drive One to offer special deals for Audi vehicles

Views - 70 Friday, 9 November 2018 00:00

Sri Lanka’s premiere retail bank, HNB PLC announced a new partnership with the sole authorised agents of Audi in Sri Lanka, Drive One Ltd. to offer special deals for customers of the bank who are aspiring Audi owners. “As Sri Lanka’s largest an

Self-driving car industry needs standards and security: Executives

Views - 11 Friday, 9 November 2018 00:00

BERLIN (Reuters): Automakers need standards for key equipment, a wide-reaching 5G broadband network and strong partnerships to make self-driving cars and electric vehicles a success, top European car industry executives said on Wednesday. Ralf Speth,

Classics take centre stage at British Car Day 2018 with Jaguar Land Rover and Classic Car Club

Views - 46 Friday, 9 November 2018 00:00

Classic Car Club of Ceylon together with Jaguar Land Rover (JLR) celebrated the fourth edition of ‘British Car Day’ in partnership with HNB the banking partner. This year, the event began with a display of over 70 classical British cars manufactu

Top recognition for DIMO 800 – The Mercedes-Benz Centre of Excellence

Views - 21 Friday, 9 November 2018 00:00

The only authorised General Distributor for Mercedes-Benz in Sri Lanka, Diesel & Motor Engineering PLC’s DIMO 800 – The Mercedes-Benz Centre of Excellence, has been certified as a Level 4 Body and Paint repair facility in South East Asia (SEA) by

Hyundai raises Southeast Asia bet with second investment in Grab

Views - 12 Thursday, 8 November 2018 00:00

Seoul/Singapore (Reuters): Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a $250 million investment in Singapore’s Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation

Today's Columnists

Discipline and the devil’s disciples

Monday, 18 February 2019

That coach who repeatedly slapped a boy under his care has generated a storm of controversy on social media. On one side are aunties, bleeding hearts, civil rights champions et al who are outraged or at the very least shocked or surprised. On the oth

SL growth profile: Arrest moving down the staircase immediately to avoid hard landing on the floor

Monday, 18 February 2019

Strong message in the Sri Lanka Development Update 2019 Sri Lanka Development Update for 2019 was released by the World Bank last week. This document contains a review by the bank’s residential staff of the present state of the country’s economy

Prudential banking and saga of MTD Walkers

Monday, 18 February 2019

The matters referred to in the article under this title published in the Daily FT (15 February) are spotlighted in more detail under this scrutiny. While the general attention of the public remains more focused on recently arrested underworld kingpin

Minister Wijeyadasa Rajapakshe’s empty rant

Monday, 18 February 2019

Minister Wijeyadasa Rajapakshe (WR) has joined President Sirisena’s reckless verbal onslaught on the Constitutional Council (CC) that was set up by the 19th Amendment (Daily Mirror 15 February). I use “verbal onslaught” intentionally since, as

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