Sri Lanka car sales centres are struggling to survive with automobile sales falling sharply due to high import duty, taxes including VAT on imports as well as the refusal of banks and financial ...

Porsche car sales recorded a new high in Sri Lanka mainly due to the success of Cayenne and Panamera models, said Arthur Senanayake, chairman of Euro Cars (Pvt) Ltd the sole authorized importer and ...

Supermarket shelves are bare and restaurants can’t serve meals, but Sri Lanka’s economic crisis is a bonanza for used car dealers, with vehicle shortages pushing prices higher than a house in a nice ...

A file photo of Hyundai cars manufactured in India parked at Hambantota port in Sri Lanka. In 2011-12, out of India's $6 billion worth of auto exports, Sri Lanka accounted for $800 million. Photo: AFP ...