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Business Drive
TVS to Launch FORCE M4 mini trucks
TVS Lanka (private) Ltd is to introduce FORCE M4 mini truck in Sri
Lanka next week.
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FORCE M4 mini truck |
Manager (Special Projects) TVS Lanka (private) Ltd Roshan Serasinghe
told Daily News Business that high fuel and maintenance costs are some
of the problems faced by small and medium scale entrepreneurs when
purchasing vehicles for their businesses.
“FORCE M4 is manufactured by FORCE Motors Limited of India. We are
targeting small and medium scale businesses in Sri Lanka. Special
features of this new mini truck are it’s high fuel efficiency and low
maintenance cost” he said.
At the initial stage the company expects to sell nearly 100 units per
month.
“We are embarking on a massive campaign for the introduction of the
new truck’ he said.
TVS Lanka (private) Ltd is a joint venture between United Motors
Lanka Ltd and TV Sundram Iyengar and Sons Limited, India.
Chery ranks first in vehicle exports
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Contest: The QQ3 is the compact car that enjoys highest
refitting rate. Big scale refitting contests were once held by
auto fans from all over China, and now such activities are very
common. Generally, the refit of the QQ3 can be classified into
three groups according to the style, the Fashion Group, the
Cartoon Group and the Sport Group. The refit style of the
Cartoon Group is adored and pursued by female car owners.
Pictured here is a car displayed under the Cartoon Segment at
the contests.
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Chery has cumulatively exported 114,718 units of cars last year,
achieving an increased rate of 164.7 per cent over the same period of
2006 and ranks first for 5 consecutive years in car exports among the
Chinese passenger vehicle manufacturers.
With the birth of its 1,000,000th car, Chery has entered the phase of
‘creating a world famous brand through innovation’.
Chery and the South African Company McCarthy recently entered into a
distribution agreement in China. Chairman and Managing Director of Chery,
Yiu Tongyao and CEO of McCarthy, Jolyon Nash, signed the agreement.
This is another milestone of Chery in the South African market since
November 2007 when Chery super bullet proof vehicles were exported to
this country.
According to the agreement McCarthy is responsible for the sales,
after sales services and brand promotion of Chery in South Africa. Chery
cars will be launched in South Africa in April 2008, and the estimated
sales volume by the end of 2008 in this market will exceed 5,000 units.
Hyundai introduces diesel engines
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LAUNCH: Hyundai team at the launch
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Hyundai Motor Company set a milestone in the Korean automobile
history in successful development of medium - large-size, and commercial
diesel engines with its own proprietary technology. These engines are
now available in Sri Lanka.
Hyundai stated that it succeeded in developing three types of
small-medium, and large-size commercial engines including F (41 class),
G (61 class), H (101 class).
This is the first time Hyundai has developed medium-and large-class
diesel engines with its own technology. Hyundai laid the foundation for
global competition to become the best company even in the commercial car
sector by acquiring original technology for its core parts.
Hyundai will also gain a higher reputation as a world class car
company by completing a full lineup establishment in the entire diesel
engine sector ranging from small-size commercial cars to large-size cars
with its own technology. Hyundai Lanka in Pannipitiya are the local
agents.
Workshop on safe driving
A workshop on “Safe driving, prevention of accidents and new traffic
regulations,” in collaboration with the Automobile Association of Ceylon
(AAC) and the Ceylon Society for Prevention of Accidents (CESPA) will be
held from 8.30 a.m. to 5.00 p.m. on January 26 at the Automobile
Association of Ceylon Auditorium, No. 40 Sir Mohammed Markan Marker
Mawatha, Colombo 3.
Road accidents are on the increase and it is essential for drivers to
know the latest traffic rules and regulations and methods to avoid road
accidents.
Retired Deputy Inspector General of Police (Traffic) T.
Perimpanayagam, who is the Director General of the Safe Driving
Institute and the Ceylon Society of Prevention of Accidents is lecturing
at this workshop.
He had formulated the latest traffic rules and regulations adopted by
the Government.
In addition to this an engineer will give a lecture on vehicle
maintenance procedures.
This event has been organised for the benefit of the drivers of the
Chamber of Young Lankan Entrepreneurs.
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