The document discusses recent changes in the automobile industry globally and locally in Sri Lanka. It outlines changes in the economic, technological, political, cultural and natural environments affecting the industry. Vehicle imports and registrations increased in Sri Lanka from 2010-2011. Taxes on vehicles were reduced which boosted demand. Technological advances led to more fuel-efficient and feature-rich vehicles. The industry faces opportunities to develop eco-friendly vehicles and service stations, but also threats from increasing material costs and competition.

1. LATEST CGANGES IN AUTOMOBILE INDUSTRY Presents Group No: 03

7. Changes in technological environment Interior of a normal (old) vehicle Interior of a new vehicle Car interior of Micro vehicle

16. Registration of imported new cars rose 61%in October. Trucks and other transport vehicles by around 57% from January to October 2010. VAT component on imported new vehicles was slashed to 12% from 20% in 2011 budget. The 70% duty on used cars was reduced to 55% In 2007 to 2009 reduced the importation of vehicles. Class of vehicles 2007 2008 2009 Motor cars 22,603 20,237 5,762 Motor tricycles 43,068 44,804 37,364 Motor cycles 182,508 155,952 135,421 Buses 2,637 1,180 739 Dual purpose vehicles 5,193 2,856 1,280 Lorries 18,408 14,038 8,225 Land vehicles-tractors 21,346 24,357 13,951 Land vehicles-trailers 2,129 1,775 1,333 Total 297,892 265,199 204,075

21. Place Car manufacturer Current Customer Car seller First owner Agent seller

24. Cost Cost is varying from model to model. Vehicle model Options Engine capacity Price (Rs.) Tata Nano A/C, Power steering, Radio 650 cc 925,000 Nissan march A/C, P/S, P/Shutter, P/Window (full option) 1000 cc 1,625,000 Toyota vitz Full option, auto gear, Air bags 1000cc,1300cc 2,900,000 Toyota corolla 141 (Axio) Full option, DVD player, A/C,2 air bags 1500 cc 4,300,000 Toyota HIACE KDH 200 Full option, dual A/C, R/camera 2500 cc 7,350,000 Mitsubishi lancer EX Full option, multi function, DVD player 1500 cc 4,900,000 Toyota Camry AGH 40 DA/C, Trip tonic, R/camera, R sensors, power seats, consol box 11,300,000

25. Vehicle model options Price (Rs.) Motor bicycle Bajaj CT 100 100 CC, 5 speed 108,000 Bajaj Platina 125 cc 142,000 Pulser 135 135 cc, 5 speed gear 172,000 Hero Honda passion Honda CBR 250 CC, body kit 255,000 Honda Honutt 250 cc, on light 350,000 Trishaws Bajaj 4 stroke, 5 speed gear 385,000