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Sri Lankan dealers seek action on grey imports

Over there: Sri Lankan car sales website Ikman features dozens of “brand new, zero kilometre” luxury cars imported from right-hand drive markets such as Australia.

BMW parallel imports swamp official sales by almost eight to one in Sri Lanka

3 Jul 2018

- Sri Lanka’s new-car dealer peak body says it will ask the nation’s government to close a loophole that allows showroom-new “used cars” imported from countries such as Australia to escape tariffs.

- The “grey imports” from right-hand-drive markets – primarily from Britain and Japan but more recently Australia – have swamped the Sri Lankan market, especially in the prestige segment where, for example, BMW parallel import car registrations have outnumbered official imports by almost eight to one this year.

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