Small cars below 1,000 cc accounted for 93.4% of total volumes of vehicle registrations, Sri Lanka’s JB Securities a stock broker’s report recently outlined. Further the report highlighted that Suzuki small cars continued to dominate new and pre-owned vehicle registrations in Sri Lanka in August as well as hybrids.

Accordingly Maruti-Suzuki dominated the market leadership accounting for 465 units – 255 Wagon Rs, 150 Altos and 60 Celerio models.

Meanwhile the brand-new segment in August recorded 890 units, marginally down from 904 units the previous month and 1,183 units 12 months ago.

“Suzuki accounted for the bulk of small cars, recording 3,726 units,” the report said adding that 650cc Suzuki models accounted for 3,486 units comprising mainly Wagon R followed by Spacia whilst Toyota with 1,493 units of which 1,000 cc models accounted for 1,020 units were the next in line, mainly with  Vitz.

The report notes that Pre-owned cars recorded 6,112 units in August, marginally down from 6,258 units in July but almost 200% up from 12 months ago whilst small cars accounted for 89.4% of total volumes, recorded to be 5,466 units.

- Reporting by Devendra Francis