Motor

In 2009/2010:

DIMO turnover tops Rs10.5 b

Channa BANDARA WIJEKOON

DIMO has recorded a gross group turnover of Rs. 10.5 billion according to the sustainability report 2009/2010, an increase of gross turnover by fifteen per cent as against Rs. 9.1 billion recorded in 2008/2009.

Eradication of terrorism has opened doors for businesses to expand and have sustainability.

This positive climate in the country also in the light of the world coming out of recession, has stimulated businesses, DIMO Chairman and CEO, Ranjith Pandithage told the Daily News Business. The momentum gained in the second quarter of 2009 /2010 and accelerated during the year, has enabled DIMO to have excellent fourth quarter, helping the company to end the year with satisfactory results.

The Government's slashing of imports duty will enable DIMO to sell passenger vehicles at lower prices, Director Suresh Gooneratne said.

While continuing with the auto business which is the company's core business, the company will adopt a strategy to strengthen its diversified businesses such as building management systems and fire detection security, power engineering, medical engineering, storage and material handling and fluid management.

In 2010/2011, DIMO will widen horizons of company's activities, he said.

Sustainable entrepre- neurship has always been the core of DIMO's corporate strategy, which has contributed towards enhancing the economy, empowering society and preserving the environment.

Seventy years of customer, friendly approach has made DIMO a local brand to reckon with.

Abans Auto opens new showroom/sales office

Abans Auto recently moved to their spacious new showroom and sales office at No.412, Negombo Road, Peliyagoda in front of the Micro factory.

Abans Auto has successfully established assembly lines for production of Jailing 49 cc and 125 cc motor cycles and Sazgar three Wheelers.

In addition to assembling motor cycles and three-wheelers, Abans Auto also imports a range of commercial vehicles from Force Motors, India, Passenger vans and trucks and single and double crew cabs from Dongfeng, China. Abans are also sole agents in Sri Lanka for GEELY.

Abans Auto have launched the Jinbei - Haise 14 seater passenger van and also the Jinbei - Haise Cargo Van. Both vehicles have been tried and tested for economy and profitability for those engaged in the transport business, and have been proved ideally suitable for the Sri Lankan road conditions.

Force Motors, one of India's leading vehicle manufacturers, combined in strength and service potential with Abans Auto, a member of the Abans Group of companies to represent their company in Sri Lanka and afford opportunities to Sri Lankans to acquire reliable and affordable vehicles that suit our road conditions and terrain.

China Jialing Group is the only Chinese manufacturer that has established technical cooperation with the Honda Motor Company of Japan, which is the largest motorcycle manufacturer in the world.

Honda Motor Company was founded in 1948 and with over 60 years experience in the industry is the largest and leading global supplier of motorcycles.

GEELY CK is the most affordable full option sedan available in the market.

AMW holds HNB Leasing 'Pola' in Galle

The HNB Leasing 'Pola' was held in Galle on May 13, 14 and 15 at the Galle "Samanala" Grounds.

It marked a significant day where Associated Motorways (Private) Ltd (AMW) teamed up to offer their services to their customers in Galle and Matara.

"This was a unique opportunity to purchase quality Suzuki Maruti vehicles through AMW coupled with an affordable leasing facility, said Suzuki Maruti Asst.

Manager Business Development and Promotions Ashantha Atukorale. "Our success story is simply to provide an honest and dedicated service to our customers by offering vehicles of quality.

We at AMW are committed to give our customers a vehicle from our Suzuki Maruti range with minimum effect to the wallet, furthermore, customers who already have a Suzuki Maruti can upgrade to one of our newer models without any hassle.

Not only do we ensure value for every rupee invested, the Suzuki Maruti guarantees high fuel efficiency, very low operating and maintenance costs and very high re-sale value," he said. The event was a huge success, as interested customers were allowed to exchange their used Suzuki Maruti vehicles for newer models. A free valuation service was offered for all those who wished to make use of this facility. Customers in Galle can also get their Suzuki Maruti vehicles inspected free of charge on June 12 and 13 at their service dealer, Lalith Auto Service, 335, Wakwella Road, Galle.

To offer special leasing packages :

Commercial Bank joins DIMO

The Commercial Bank of Ceylon recently teamed up with Diesel and Motor Engineering PLC (DIMO) to offer leasing options for TATA Commercial vehicles.

Under the agreement, DIMO will provide substantial discounts to Commercial bank customers to lease TATA vehicles and the Bank will provide competitive rental for leasing facilities. The vehicles covered under this special scheme include TATA trucks and buses.

A special insurance cover through Commercial Insurance Brokers, an associate of Commercial bank has also been introduced for customers who lease vehicles through the Bank. This cover requires a low insurance premium and policyholders will be eligible for accident cover worth Rs 1.5 million each.

Ranked second among all corporate entities in Sri Lanka in the latest Business Today rankings, the Commercial Bank of Ceylon PLC owns a network of 176 branches and supermarket banking counters and operates an automated teller network of 366 ATMs in Sri Lanka. A company with more than 70 years of experience in the automobile and engineering industry, DIMO is among the top corporate brands in Sri Lanka and represents prestigious brands such as Mercedes-Benz, Siemens, Bosch, Jeep, Chrysler, TATA, Komatsu, Michelin, Osram, BF Goodrich, MRF and Mahindra.

The company operates branches in Kandy, Matara, Kurunegala, Dambulla, Vavuniya, Yakkala, Ambalangoda, Jaffna, Puttalam, Embilipitiya, Trincomalee, Ratnapura and Anuradhapura.