When Sri Lanka's vehicle import ban was finally lifted last month, he was elated -- but the joy was short lived as the vehicle of his dreams had more than doubled in price. "Owning a car has been ...

In July, 175 Perodua cars and 177 Tata cars were registered. Tata started selling its 'Nano' in Sri Lanka recently. Tata registrations shot up to 179 and 177 in June and July from a low of less than ...

Sri Lanka has raised annual taxes on ‘luxury’ cars by around 50% in the 2012 budget to increase revenue of the government coffers. The Motor Traffic Department has earned Rs.717 million from annual ...