Vehicle Prices go up with new Central Bank regulations

Sunday, 01 September 2013 - 13:26


The vehicle importers association says that with the new regulation for the increase of deposits by 100% for letters of credit, the prices of imported vehicles could increase.


Chairman of the Association Indika Sampath stated that the price of 3 wheelers and motor bikes could also increase, but will not apply for buses, ambulances, lorries and trucks.