The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Thread for News on International Markets
June car registrations hit all-time high EmptyToday at 10:25 pm by The Invisible

» Thread for News on CSE and SL Economy
June car registrations hit all-time high EmptyToday at 11:29 am by yellow knife

» Men hired for sexual fantasy break into wrong house
June car registrations hit all-time high EmptyToday at 10:41 am by Backstage

» Coronavirus Updates
June car registrations hit all-time high EmptyToday at 7:44 am by The Invisible

» One of Trump's favorite pollsters shows his approval plummeting
June car registrations hit all-time high EmptyYesterday at 10:08 pm by The Invisible

» AEL Access Engineering
June car registrations hit all-time high EmptyYesterday at 9:59 pm by spw19721

» Grain Elevators
June car registrations hit all-time high EmptyYesterday at 9:09 pm by The Invisible

» Gota's Era
June car registrations hit all-time high EmptyYesterday at 9:02 pm by Backstage

» Carlton Sports Network to resume broadcasts soon – Rohan Welivita
June car registrations hit all-time high EmptyWed May 27, 2020 8:55 pm by කිත්සිරි ද සිල්වා

» Webinar this Sunday. 'Attractiveness and Opportunities in the CSE'.
June car registrations hit all-time high EmptyTue May 26, 2020 9:56 pm by කිත්සිරි ද සිල්වා

» Central Bank expects V-shaped recovery amid pent-up demand
June car registrations hit all-time high EmptyTue May 26, 2020 8:32 am by Backstage

» කොටස් වෙළෙඳපොළ ගනුදෙනු කාලය පස්වරු 2.30 දක්වා දීර්ඝ කෙරේ
June car registrations hit all-time high EmptyMon May 25, 2020 5:43 pm by nirmal

» Access Engineering AEL Technical Analysis
June car registrations hit all-time high EmptyMon May 25, 2020 4:44 pm by The Invisible

» Island-wide daytime curfews lifted from Tuesday – Presidential Secretariat
June car registrations hit all-time high EmptyMon May 25, 2020 4:35 pm by The Invisible

» HNB.N0000 (Hatton National Bank PLC)
June car registrations hit all-time high EmptyMon May 25, 2020 10:40 am by gosrilanka

» In the Meantime, Within Our Shores !
June car registrations hit all-time high EmptySun May 24, 2020 10:27 pm by කිත්සිරි ද සිල්වා

» Webinar on economy in Sinhala. Today.
June car registrations hit all-time high EmptySat May 23, 2020 4:53 pm by Backstage

» US Recovery? Some Americans Spent Stimulus Money on Toys While 4 Million Skipped Mortgage Payments
June car registrations hit all-time high EmptySat May 23, 2020 8:01 am by The Invisible

» නොසන්සිඳෙන ආශාව!
June car registrations hit all-time high EmptyFri May 22, 2020 10:29 pm by කිත්සිරි ද සිල්වා

» Dividend Announcements
June car registrations hit all-time high EmptyFri May 22, 2020 8:39 pm by spw19721

» ද ෆිනෑන්ස්‘ ව්‍යාපාර කටයුතු අද සිට හමාරයි
June car registrations hit all-time high EmptyFri May 22, 2020 5:03 pm by nihal123

» Asia virus latest: cyclone prompts infection fears; Korea football row over sex dolls
June car registrations hit all-time high EmptyFri May 22, 2020 7:09 am by The Invisible

» SAMP.N0000 (Sampath Bank PLC)
June car registrations hit all-time high EmptyFri May 22, 2020 5:42 am by NIRMALSG

» JKH.N0000
June car registrations hit all-time high EmptyThu May 21, 2020 9:08 pm by The Invisible

» Webinar on Capital market tomorrow 6pm
June car registrations hit all-time high EmptyThu May 21, 2020 12:49 pm by කිත්සිරි ද සිල්වා

» New polls show trouble for Trump and Republicans in GOP strongholds
June car registrations hit all-time high EmptyWed May 20, 2020 10:29 pm by කිත්සිරි ද සිල්වා

» මහ මැතිවරණය ජුනි 20
June car registrations hit all-time high EmptyWed May 20, 2020 9:16 pm by The Invisible

» NTB.N0000 (Nations Trust Bank PLC)
June car registrations hit all-time high EmptyWed May 20, 2020 5:09 pm by The Invisible

» Ceylon Chamber proposes multi-sectoral approach for economic revival
June car registrations hit all-time high EmptyWed May 20, 2020 4:22 pm by LSE

» ACL Cables
June car registrations hit all-time high EmptyWed May 20, 2020 5:07 am by NIRMALSG

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
June car registrations hit all-time high EmptyWed May 20, 2020 12:48 am by nihal123

» කොටස් වෙළෙඳපොළ අඛණ්ඩව 5 වන දිනයටත් ඉහළට. සියලු කොටස් ඒකක 94 කින් නගී
June car registrations hit all-time high EmptyTue May 19, 2020 5:37 pm by The Invisible

» විදෙස් ආයෝජන
June car registrations hit all-time high EmptyTue May 19, 2020 5:34 pm by nihal123

» RCL - Royal Ceramics
June car registrations hit all-time high EmptyMon May 18, 2020 10:16 pm by The Invisible

» LDEV - Lankem Developments
June car registrations hit all-time high EmptyMon May 18, 2020 10:09 pm by The Invisible

» Hayleys MGT
June car registrations hit all-time high EmptyMon May 18, 2020 9:55 pm by The Invisible

» Tokyo Cement
June car registrations hit all-time high EmptyMon May 18, 2020 9:49 pm by The Invisible

» COMB.N0000 (Commercial Bank of Ceylon PLC)
June car registrations hit all-time high EmptyMon May 18, 2020 8:00 pm by pathfinder

» Sri Lanka Bonds Win Fans After Becoming Worst Performer in Asia
June car registrations hit all-time high EmptyMon May 18, 2020 10:52 am by serene

» Record price for Ceylon Tea…
June car registrations hit all-time high EmptySun May 17, 2020 10:22 am by The Invisible

» Sri Lanka tea prices soar despite COVID-19 disruptions
June car registrations hit all-time high EmptySun May 17, 2020 10:20 am by The Invisible

» පසුගිය සතියේ දී කොටස් වෙළෙඳපොළෙන් රු. බිලියන 3.5 ක ශුද්ධ විදේශීය ගලා යාමක්
June car registrations hit all-time high EmptySat May 16, 2020 4:45 pm by nihal123

» Am Sure He was Joking !
June car registrations hit all-time high EmptySat May 16, 2020 3:31 pm by slstock

» Films - To Watch List
June car registrations hit all-time high EmptyThu May 14, 2020 9:44 pm by nirmal

» කලකට පසු කොටස් වෙළෙඳපොළේ කැපී පෙනෙන වර්ධනයක්. 2018 නොවැම්බර් මාසයෙන් පසු සියලු කොටස් මිල දර්ශකයේ ඉහළම ප්‍රතිශතාත්මක වර්ධනය අද
June car registrations hit all-time high EmptyWed May 13, 2020 6:38 pm by nihal123

» Caught in Providence
June car registrations hit all-time high EmptyTue May 12, 2020 2:24 pm by කිත්සිරි ද සිල්වා

» Users Online
June car registrations hit all-time high EmptyMon May 11, 2020 8:38 am by slstock

» RECOMMENCEMENT OF TRADING
June car registrations hit all-time high EmptySat May 09, 2020 11:25 am by The Invisible

» Sri Lanka forex reserves drop US$353mn to US$7.2mn in April
June car registrations hit all-time high EmptyFri May 08, 2020 1:55 pm by The Invisible

» අසිරිමත් තෙමගුලක් ඔබ සියලු දෙන හට
June car registrations hit all-time high EmptyFri May 08, 2020 12:25 am by Afourer

May 2020
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930
31      

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

June car registrations hit all-time high

Go down

June car registrations hit all-time high Empty June car registrations hit all-time high

Post by Backstage on Mon Jul 20, 2015 1:00 pm


June car registrations hit all-time high

2015-07-20 09:55:40

Lower tariffs on hybrids and electric vehicles contribute to continued rise


Vehicle registrations in June doubled to 55,624 from 28,385 year-on-year (yoy) backed by an all-time high registration of cars, according to a data compilation by JB Securities (Pvt) Ltd.

Total car registrations hit 7,641, up from 2,256 yoy and the previous all time high of 6,018 in May.

Brand new registrations accounted for 4,358 units in June up from 689 yoy and 3,228 in May. Maruti accounted for 3,470 with Altos making up 3,148 of it, while 545 Micro Pandas and 101 Tata Nano Twists and Indicas were also recorded. Small car financing share was 70 percent.

Pre-owned car registrations increased to 3,283 from 1,567 yoy and 2,790 in May. Toyota accounted for 1,557 units, Honda for 785 unit, Suzuki for 637 and Nissan for 251 units.Of the pre-owned cars, hybrids accounted for 2,877 units. Electric car registrations increased to 255 from 10 yoy and 361 in May.
Nissan Leafs accounted for 250, while the total number of electric cars registered in the country has now increased to 937 with Leafs accounting for over 95 percent of the market.

Lower tariffs on hybrids and electric vehicles contributed to the continued rise. BMW has seen the potential and announced their entry to the local electric car market

this month.Total hybrids registered were 3,377, increasing from 1,491 yoy and 2,756 in May. Toyota claimed the lead with 1,451 units, 870 of which were Aquas, 346 Axios and 225 Priuses. Honda came second with 784 units, 621 of which were Fits, while Suzuki recorded 617 units of WagonR. Financing share fell to 71.4 percent. The SUV and crossover segment registrations increased to 740 from 647 yoy and 695 in May. Honda maintained the lead with 288 registrations, 268 of which were Vezels. Toyota accounted for 152 registrations with 116 Prados, and Mitsubishi accounted for 144 units. Financing was 61.6 percent. Van registrations increased to 1,073 units from 162 yoy and 914 units in May. Mini vans accounted for 488 units, with 364 Suzukis and normal vans accounted for 585. Toyota had 463 registrations while Nissan had 99.

Three-wheeler volumes increased to 11,349 from 6,150 yoy and 10,995 in May. Bajaj maintained its strong market share at 90.7 percent followed equally by Piaggio and TVS with 6.9 percent and 6.4 percent share respectively. Financing share was 90.7 percent.

Many purchases were for personal use rather than for taxi business purposes, according to JB Securities CEO Murtaza Jafferjee.

Two-wheeler registrations jumped to 30,222 from 16,679 yoy and 25,580 in May. In terms of brand share Bajaj claimed 38.2 percent, Honda 23.2 percent, Hero 18.4 percent and TVS 12 percent. Financing share was 57.3 percent.

Jafferjee said that the financing shows volumes being driven by retail sales instead of government handouts.

Pickup trucks recorded 383 units, up from 184 yoy and 350 units in May with 210 Tata units and 102 Toyotas, while mini truck registrations increased to 1,567 from 1,079 yoy and 1,315 in May with 838 Tata and 572 Mahendra units.

Bus volumes increased to 188 from 148 yoy, while falling from 266 in May. Financing share increased to 93.1 percent closer to its normal levels, indicative of absence of government purchases, Jafferjee said.

He said that traffic congestion, and the increased import of fuel caused by growing registrations will adversely impact the economy. (CW)



Backstage
Backstage
Top contributor
Top contributor

Posts : 3716
Join date : 2014-02-24

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum