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Sri Lanka vehicle market to face unprecedented price hike if Govt. taxes industry further

October 28, 2025

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Daily Mirror - Sri Lanka

Price increase will affect both individual buyers and wholesale importers

- By CHATURANGA PRADEEP SAMARAWICKRAMA

The prices of all vehicle models in Sri Lanka could increase beyond affordable limits following the government's proposal to impose a 15 per cent tax on vehicles, Vehicle Importers Association of Sri Lanka (VIASL) Chairman Prasad Manage warned.

Addressing the media, Manage said the price hikes are expected to take effect after the 2026 budget.

المزيد من القصص من Daily Mirror - Sri Lanka

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