Total vehicle registrations declined 12.1% month-on-month to 47,628 units in October from 54,214 in September, reflecting a broad-based contraction across most major vehicle categories, according to JB Securities.<\/p>\n\n\n\n
Two-wheeler registrations fell 13% to 33,722 units, while motor car registrations declined 17.9% to 2,802. SUV and crossover registrations dropped 13.8% to 3,399 units. Pickup and commercial vehicle registrations also recorded declines. Electric vehicle registrations increased 5.4% to 6,374 units, supported mainly by electric two-wheelers, which rose to 5,342 units. Large tractor registrations also increased sharply by 49.1% to 407 units.<\/p>\n\n\n\n
JB Securities CEO Murtaza Jafferjee said vehicle imports had reached $1.87 billion in the first nine months of 2026 and could total around $2.4 billion for the full year, approximately 20% above 2025 levels, if the prevailing monthly import rate continues. <\/p>\n\n\n\n
However, Jafferjee noted passenger vehicle imports have moderated amid the gradual exhaustion of pent-up demand, rupee depreciation, tighter credit conditions and higher import taxes. He cautioned that lower vehicle imports, particularly passenger cars, could moderate vehicle-related tax revenue and weigh on GDP growth in the second half of 2026, against a high base in the corresponding period last year.<\/p>\n\n\n\n
Source : Daily FT <\/p>\n","protected":false},"excerpt":{"rendered":"
Total vehicle registrations declined 12.1% month-on-month to 47,628 units in October from 54,214 in September, reflecting a broad-based contraction across most major vehicle categories, according to JB Securities. Two-wheeler registrations fell 13% to 33,722 units, while motor car registrations declined […]<\/p>\n","protected":false},"author":2,"featured_media":18494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-18493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/posts\/18493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18493"}],"version-history":[{"count":1,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/posts\/18493\/revisions"}],"predecessor-version":[{"id":18495,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/posts\/18493\/revisions\/18495"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/media\/18494"}],"wp:attachment":[{"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}