Prices of small vehicles decreased; Hybrid increased

Friday, 30 January 2015 - 14:10

The Lanka Vehicle Importers Association stated that prices of small vehicles with engine capacity below 1000 cubic centimeters would be reduced by 150 thousand rupees.

The President of the Association stated that the prices of hybrid vehicles will be increased by about  Rs 800,000 to One Million, as a duty hike has been imposed on hybrid  vehicles by the interim budget.

He also said that his association expects to discuss with the finance minister today about the tax hike on hybrid vehicles.