Vehicle registrations record a new low last month

Vehicle registrations record a new low last month

22 September 2020 02:55 pm

Sri Lanka’s car registrations recorded 906 units in Aug down from 1,712 units in July and 2,385 units 12 months ago, Motor Traffic Department data showed.  .

Brand new car registrations recorded 248 units in Aug down from 272 units in July and 361 units 12 months ago. 

Zotye recorded 67 units followed by Maruti/Suzuki with 58 units. Small cars recorded 180 units followed by Mid-size cars recording 65 units. The financing share was 37.1% lower than the normal monthly average of 50%.

Pre-owned car registrations downed to 658 units in Aug from 1,440 units in July and significantly down from 2,024 units 12 months ago. 

Small cars accounted for 80.2% of volumes followed by medium cars accounting for 19.1%. Toyota recorded 352 units followed by Suzuki with 128 units. Financing share was 47.9% in line with the normal monthly average
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77 units of Premium motor cars were registered in Aug down from 106 units the previous month and 103 units 12 months ago.

SUV registrations had been 511 units in Aug down from 756 units the previous month and 653 units 12 months ago.

 Brand new recorded 209 units, the balance 302 units were pre-owned. Crossovers (<1,000 cc) accounted for the bulk of units recording 471 units.

Toyota was the market leader recording 235 units – Raize an entry level crossover accounted for 137 units followed by C-HR with 70 units. Financing share was 47.6% in line with the normal monthly average.

Hybrids recorded 136 units in Aug down from 163 units in July and significantly down from 496 units 12 months ago. Motor cars recorded 113 units followed by SUVs with 21 units.

Vans recorded 454 units in Aug down from 705 units in July and significantly down from 720 units 12 months ago.  

Preowned vehicles accounted for the majority recording 452 units and Minivans accounted for 376 units, the balance 78 units were mid-size vans. Suzuki was dominant claiming a 44.7% share. Financing share was 64.1%.

3-wheelers recorded 206 units in Aug down from 635 units in July and 1,039 units 12 months ago. Financing share was 67%.
2-wheelers recorded 13,794 units in Aug down significantly from 22,419 units in July and 25,508 units 12 months ago