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Sri Lanka vehicle registrations up 65-pct in May
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<blockquote data-quote="lkdood" data-source="post: 10569456" data-attributes="member: 92282"><p><strong>Sri Lanka's vehicle registrations were up 65.2 percent in May 2011 to 41,862 from a year earlier, with total registrations also up 65 percent to 200,415 in the first five months of the year, official data shows.</strong></p><p><strong></strong></p><p><strong></strong><span style="color: #292929"><strong> Car registrations rose 10 times to 5,173 in May, motor cycle imports were up 38.2 percent to 22,036 and three wheelers were up 64 percent to 9,518.</strong></span></p><p><span style="color: #292929"><strong></strong></span></p><p><span style="color: #292929"><strong></strong><strong> Sri Lanka's vehicle imports rose sharply this year after the state cut taxes. Sri Lanka has a oppressive tax policy on cars where ordinary people pay very high rates of tax, but state workers get tax slashed cars, while rulers get completely tax free cars. </strong></span></p><p><span style="color: #292929"><strong> In April vehicle taxes were raised slightly but not to previous levels. </strong></span></p><p><span style="color: #292929"><strong></strong></span></p><p><span style="color: #292929"><strong> Car registrations which rose to 5,560 in March slackened off slightly in April 4,741 but has since topped 5,000 again in May. </strong></span></p><p><span style="color: #292929"><strong></strong></span></p><p><span style="color: #292929"><strong> Motor cycle registrations which rose to 22,028 in March, dipped to 18,888 in April and has against picked up to 22,036 in May. </strong></span></p><p><span style="color: #292929"><strong></strong></span></p><p> <strong> At the end of 2010 Sri Lanka had around four million vehicles. </strong></p><p><strong></strong></p><p>LBO</p></blockquote><p></p>
[QUOTE="lkdood, post: 10569456, member: 92282"] [B]Sri Lanka's vehicle registrations were up 65.2 percent in May 2011 to 41,862 from a year earlier, with total registrations also up 65 percent to 200,415 in the first five months of the year, official data shows. [/B][COLOR=#292929][B] Car registrations rose 10 times to 5,173 in May, motor cycle imports were up 38.2 percent to 22,036 and three wheelers were up 64 percent to 9,518. [/B][B] Sri Lanka's vehicle imports rose sharply this year after the state cut taxes. Sri Lanka has a oppressive tax policy on cars where ordinary people pay very high rates of tax, but state workers get tax slashed cars, while rulers get completely tax free cars. [/B] [B] In April vehicle taxes were raised slightly but not to previous levels. [/B] [B] Car registrations which rose to 5,560 in March slackened off slightly in April 4,741 but has since topped 5,000 again in May. [/B] [B] Motor cycle registrations which rose to 22,028 in March, dipped to 18,888 in April and has against picked up to 22,036 in May. [/B][/COLOR] [B] At the end of 2010 Sri Lanka had around four million vehicles. [/B] LBO [/QUOTE]
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