WTL launches locally assembled van
To compete with other imported brands:
Sanjeevi JAYASURIYA
The local automobile industry has a huge potential and there is a
growing market for locally manufactured vehicles. It is a landmark event
for WTL Automobiles to unveil their first locally assembled diesel
passenger van, WTL Hiace WTL Automobiles Managing Director Indika
Sampath Merenchige said.
A BOI company, WTL Automobiles was set up for vehicle assembling with
an investment of Rs. 100 million.
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WTL Automobiles (Pvt) Ltd launched the locally assembled diesel
van at a ceremony held yesterday in Colombo. Picture by Kavinda
Perera |
The venture has been successful in producing vans assembled in Sri
Lanka. The value addition per vehicle is 42 percent.
The parts for the van are imported from China.
“The company will provide an efficient after sales service and this
could create a market for its spare parts within the country. It would
help generate employment and also a market for the automobile spare
parts saving a great deal of foreign exchange,” he said. Sri Lanka could
attract international market as a vehicle assembling centre.
We are confident that we could compete with Japanese vehicles as our
product is offered at an affordable price. With this move, an automobile
related industry growth could be anticipated, he said.
Wasana Trading Lanka was established in 1994 to import Japanese
reconditioned vehicles by focusing the requirement of customers and a
good after sales service.
In 2005, Chana Changan Automobile Corporation awarded the sole agency
to Wasana Trading and it captured the market by opening many showrooms,
workshops, spare parts outlets and a 24-hour technical assistance
service. |
