The Automobile Importers Association has revealed its intention to resume importing cars for the Sri Lankan market, with a strategic emphasis on vehicles with engine capacities less than 1000CC. This move comes as part of the association's efforts to contribute to maintaining foreign reserves while aligning with broader economic objectives.

The decision to import cars with smaller engine capacities is driven by the goal of conserving foreign reserves, an essential component of Sri Lanka's economic stability. The association asserts that this strategic move will not only address the demand for affordable and fuel-efficient vehicles but will also serve as a means to bolster the country's economic standing.

The association acknowledges that the decision to resume car imports is interconnected with the recent adjustments in income taxes. By importing cars with smaller engine capacities, the association aims to offer a wider range of options to consumers while concurrently contributing to revenue generation through increased income taxes.

In a statement, the Automobile Importers Association outlined that the necessary preparations for the import of cars will be expedited, with the entire process expected to be completed within a short period of one month. This