Almost twofold hike in ownership of vehicles

By Damith Wickramasekera

Registration of new motor vehicles has almost doubled in the first month of this year, in comparison to last year, Commissioner General of Motor Traffic B.D.L. Dharmapriya said. In January 2010, a total 19,090 vehicles were registered with the Department of Motor Traffic, while in January, 2011, a total of 39, 544 have been registered, he said.

The increase in registrations as well as the importation of vehicles had begun around June last year when the government announced reduction on import duties on motor vehicles. The biggest increase has been in the registration of new cars which have risen to 4,759 in January this year from 308 in January last year.

There has also been an increase in the import of luxury vehicles with 343 Mercedes Benz cars and 44 BMWs registered within three months, i.e. November and December, 2010 and January, 2011, he said.`

The number of newly registered three-wheelers has also increased more than twofold from 3,863 in 2010 to 10,450 in January, 2011.

The number of vehicles registered on a daily basis by the Motor Traffic Department is around 1,700, Mr. Dharmapriya said. Since January 1, 2011, the Department has imposed a luxury and semi luxury tax on diesel vehicles exceeding 2500 cylinder capacity and petrol vehicles exceeding 2000 cc.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
Other News Articles
Strict new criteria for dual citizenship
Hapless Lankan workers flee Libya
Interference in judicial matter: Lanka protests to India
TNA hopeful of reaching power-sharing deal
Something fishy
Bodhi, key backstage organiser of UNP, passes away
Almost twofold hike in ownership of vehicles
MP denied entry for not following procedure: Immigration Chief
New Air Force Chief assumes duties tomorrow
Case against Fonseka unseating to be heard
Another load of boat-people nabbed off H’tota
PC licensed tourist guides a law unto themselves
Fishermen, farmers still to recover from the devastating floods in B’caloa
Sport, a medicine for trauma
Will the West heed their cry? It’s now or never
Winds of change clouded by fishing crisis
Satellite photos catch Indian fishermen in Lankan waters
Is Singh in control?
State vehicles to have revenue licences, insurance
T’Nadu metes out inhuman treatment to our fishermen


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution