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<blockquote data-quote="warwickuni" data-source="post: 25948798" data-attributes="member: 101444"><p>His Upali Fiat 128 was a failure in every aspect. Price was 100,000 in !970s which is more than 10 million now. It was not economical and also did not suit SL as jap vehicles were already in to the market and this could not compete with second hand market. Ultimately factory was closed and converted to newspaper printing facility again this was loss making both sinhala and Eng news papers. At present both are supporting govt as they are heavily depending on bad debts to state banks.</p></blockquote><p></p>
[QUOTE="warwickuni, post: 25948798, member: 101444"] His Upali Fiat 128 was a failure in every aspect. Price was 100,000 in !970s which is more than 10 million now. It was not economical and also did not suit SL as jap vehicles were already in to the market and this could not compete with second hand market. Ultimately factory was closed and converted to newspaper printing facility again this was loss making both sinhala and Eng news papers. At present both are supporting govt as they are heavily depending on bad debts to state banks. [/QUOTE]
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