AMW to bear part of duty hike for Suzuki Maruti customers

Monday, 23 May 2011 00:00 - - {{hitsCtrl.values.hits}}

The Associated Motorways Ltd., (AMW) said last week it will bear a part of the increased cost on Suzuki Maruti customers following the duty free hike announced in April.

The Company said that the recent rises in the import duty rates effective 24th April 2011 on vehicles came as a bitter blow to many potential Sri Lankan vehicle buyers. “The focus of these duty increases on the lower value cars has had an enormous emotional impact on those customers aspiring to take advantage of the tremendous new and exciting Suzuki Maruti line-up,” AMW said.

As relief AMW said for the benefit of Suzuki Maruti customers it will bear a “significant part” of the increase in duty announced last month. The announcement via a statement didn’t specify how much.

AMW said all customers awaiting delivery of Suzuki Maruti vehicles ordered prior to the recent duty increase will have to bear only a part as of the increased cost.

“AMW will absorb a considerable amount from the increased duty on vehicles booked before the new duty announcement on the 25th April,” the statement added.

AMW has also announced that new orders up to the 15th of June 2011 will also receive a special benefit.

The new Suzuki Maruti range is powered by the very powerful and fuel efficient K Series engine and consists of the World’s best selling small car the Alto & Alto K10.

Since 1994, when Suzuki Maruti rolled out its first millionth unit, the company has been on a continuous growth with high a demand for its successful range. Recently, in March 2011, the company announced that it has entered the elite list of car manufactures and first in the region by crossing the 10 million units of production.