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Drop in vehicle registrations

14 September 2016 05:02 pm - 13     - {{hitsCtrl.values.hits}}

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The number of vehicles registered during the first eight months of 2016 has seen a 50 per cent decline to 313,465 from the highest figure of 668,907 recorded in 2015, according to the latest data released by the Department of Motor Traffic.

Commissioner General of Motor Traffic A.H.K. Jagath Chandrasiri said 313,465 vehicles had been registered under the department in the first eight months of this year.

About half of them were motor cycles, he said.

“668,907 vehicles had been registered in 2015 and this was record. No any other year recorded such high number of registrations,” Mr. Chandrasiri said.

“The recent Customs Valuation Tax and increased VAT had brought about a change in interest rates which resulted in an increase in the vehicle prices. This may have caused low number of registrations,” he said. (Chaturanga Pradeep)

  Comments - 13

  • tr Wednesday, 14 September 2016 09:14 PM

    Raj Singapore has an excellent public transport system. Sri Lanka does not.

    Brian Peiris Thursday, 15 September 2016 11:18 AM

    Forget the election promises. Get the people to walk. It's good for their health.

    mm Wednesday, 14 September 2016 05:05 PM

    wasnt it the UNP that has a election advertisement saying after they came into power no need to get wet in the rain can buy a car now no bike no car and no rain also via DM iOS App

    BE Fair Wednesday, 14 September 2016 05:10 PM

    This is the only sensible thing the Min. of Finance has done. At least they gave controlled all the rogue importers.

    dham Wednesday, 14 September 2016 05:10 PM

    Good outcome now increase public transport facilities. via DM Android App

    daily boru Wednesday, 14 September 2016 05:13 PM

    What a national disaster !!!

    Channa Wednesday, 14 September 2016 05:32 PM

    Poor Sri lankans voted for Yahapalanaya and dreamed to have a vehicle . I still remember the TV add appeared during election time. But this is the reality. We are going backward now

    cruso Thursday, 15 September 2016 06:32 AM

    until we improve the infrastructure we shouldnt allow import more vehicles. via DM Android App

    rosebud Wednesday, 14 September 2016 06:01 PM

    Give us a comprehensive modern public transportation system and many more if us would like to leave our cars at home or send them back to their countries of manufacture ( to be sold as reconditioned vehicles to some other poor country). via DM Android App

    raj Wednesday, 14 September 2016 06:47 PM

    Singapore has restriction on vehicle and they discourage people owing vehicles. Are they going backwards?

    dulan Thursday, 15 September 2016 08:02 AM

    Colombo roads cannot hold more cars. Even by accident this is a good thing

    Manura Wednesday, 14 September 2016 07:26 PM

    Another election promise full filled.

    lion Thursday, 15 September 2016 02:19 PM

    Very good and encouraging News


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