Categories: BusinessHeadlines

LNP – Over 73,000 new vehicle registrations recorded following relaxation of imports: DMT

Following the recent relaxation of vehicle imports, the Department of Motor Traffic (DMT) announced today that a total of 73,489 new vehicle and electric car registrations have been recorded so far this year, increasing the country’s total vehicle population to 8,528,002.

According to DMT sources, 7,542 cars have been registered up to May, along with 58,943 motorcycles and 1,666 three-wheelers. Additionally, 293 buses, 156 special purpose vehicles, 1,817 land vehicles, and 1,123 dual-purpose vehicles were also registered during this period.

With these additions, the total motor car population in the country has risen to 912,871, while the number of three-wheelers has reached 1,186,220. The motorcycle population now stands at 4,981,211, dual-purpose vehicles at 452,819, land vehicles at 403,096, and the total bus population has increased to 114,362.

The report further said that a total of 4,367 cars under 1,000cc capacity and electric vehicles have also been registered up to May this year.

The report showed that the upward trend in vehicle registrations is expected to continue in the coming months, following the easing of import restrictions.

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Tyronne Jayamanne

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