Business Drive
The Motor Care and Riya Pola 2007
The Motor Care and Riya Pola 2007 organised by NEAT Exhibition and
Media Promotions (Pvt) Ltd concluded at the BMICH. According to the
organisers there were nearly 40 exhibitors participated in the event
representing leading vehicle importers, reconditioned vehicle sellers
and spare parts sellers in Sri Lanka.
All types of vehicles including trucks, cars, vans, motor bikes and
cabs were sold at the Riya Pola 2007. A unique feature of the Riya Pola
2007 was that customers were able to purchase vehicles with vehicle
insurance policy and a special leasing package according to customers’
needs.
Vehicle prices increased after the budget but customers were able to
purchase vehicles for competitive prices at the fair. The show was
commenced on last Friday. Here are some of the vehicles displayed at the
fair.
Pictures by Saliya Rupasinghe.
Objective, maintaining public health:
Vehicle emission testing from 2008
The Vehicle Emission Testing (VET) programme will be implemented in
next year. It is mandatory for vehicle owners to obtain the VET
certifications from 2008.
The VET programme was officially launched last month. CleanCo, Lanka
(Pvt) Ltd and Laugfs Eco Sri have been selected to implement the
programme from April next year.
These companies will invest Rs. 1 billion to import testing machinery
and set up testing stations islandwide.
Each company will set up 16 fixed testing stations and 40 mobile
stations to issue VET certificates. It is mandatory for vehicle owners
to obtain VET certificate from one of these companies to renew their
revenue licenses from next year.
According to the Commissioner of Department of Motor Traffic B.
Wijeratne the vehicle population in Sri Lanka is expected to be over 2.4
million by the year of 2008. Serious hazardous environmental
consequences are anticipated as a result of this growth.
The reduction of fuel consumption by one per cent by emission
control, could save nearly Rs 1 billion for the nation per annum. Unless
it is monitored and regulated the damage for a healthy existence is at a
high risk in the near future.
The Government of Sri Lanka has taken policy decision to regulate
vehicle emission and fuel standards to alleviate this threat to public
health.
The VET is to ensure that the atmosphere is free of poisonous gases,
and to protect people. The main objective of the emission test programme
is to supply clean breathing air to the future generation.
(ISB News Bulletin)
Japan’s Suzuki to roll out new car from India
Japan’s Suzuki Mo- tor said Tuesday it will roll out its next new car
from India, targeting European buyers, as it invests 1.8 billion dollars
in making the nation a global production hub.
Suzuki Motor Corp, an early entrant into the Indian market when the
billion-plus nation began opening up its economy in the 1990s, is
ramping up output with its Indian unit Maruti, maker of half of all new
cars in India.
“Our next world car will be made in India,” Suzuki chairman Osamu
Suzuki told reporters in the Indian capital.
“Given the importance of India to the Suzuki world strategy it is
planned to invest 200 billion yen (1.78 billion dollars) for plants in
India to 2009,” he added.
Tuesday’s announcement underscored the importance of the fast-growing
Indian car market to Suzuki after its Indian unit outstripped its parent
in sales in their home markets in the first half of the year for the
first time ever.
The Indian market has been spurred by a booming economy, growing at
an annual nine percent, that has created new affluent breed of car
buyers. Global automakers have been steering towards India in a bid to
make inroads into one of the world’s most rapidly expanding vehicle
markets.
The new A-segment one-litre engine, five-door hatchback will be
called the “A-Star.”
It will be the fifth global car from the Suzuki line-up after the
Swift, the Grand Vitara, the SX4 and the Splash. There were no pricing
details.
Suzuki Motor aims to get about 70 per cent of its global revenue from
outside Japan this year. Europe now represents some 15 per cent of
global vehicle sales.
The plans to export cars from India mark a strategy shift by Suzuki
which has not until now used the South Asian country as an export base.
Production of the new car will begin in October 2008 at the company’s
plant in Manesar on the New Delhi outskirts. AFP
Goetze piston and rings promotion held
The Federal Mogul Company was here in Sri Lanka on a promotion
programme of Goetze pistons, piston rings and other spares specially for
four stroke three-wheelers, two stroke three-wheelers and motorcycles.
Federal Mogul Company is a worldwide company with main factory and
office in USA and has its manufacturing factories and marketing branches
all over the world.
The Asian Region Company is based in India, New Delhi.
They manufacture OE equipment and spares and supply to Leyland, Tata,
Komatsu, Subaru light and heavy duty trucks and cars of all popular
makes. |