News - General News
Sri Lankan dealers seek action on grey imports
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.
Click to share
General News articles
Research General News
Motor industry news