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Mahindra & Mahindra launches Lanka’s first ever locally assembled single cab – New Bolero City Pik-Up
Mahindra & Mahindra Ltd. (M&M Ltd.) and Ideal Motors, a fully owned subsidiary of the Ideal Group, today announced the start of deliveries of the new Bolero City Pik-Up in Sri Lanka. With this, Bolero City Pik-Up becomes Mahindras first single cab pick up to be assembled in the country. The vehicle has been in production at Mahindra Ideal Lankas Automotive assembly plant at Welipenna. The first batch of vehicles were delivered to the customers at an event held in Colombo on Thursday.
Sri Lanka is one of M&Ms most important overseas markets. M&M has been present in the country for more than 25 years with a robust automotive & farm portfolio. The brand has been holding a leadership position for over 10 years in the pick-up category.
The addition of Bolero City Pik-Up will further strengthen its position in the category. With the gradual opening of the market amidst the pandemic, the commercial vehicle category is witnessing an increase in demand. Mahindra is boosting its production capacity at the Sri Lankan plant to meet the market demand for single cab pickups
Veejay Nakra, CEO, Automotive Division, M&M Ltd. said, “Sri Lanka has been a strategic market for Mahindra. We have been scaling up our local presence by expanding the product range through the Make in Sri Lanka initiative. With the addition of the Bolero City Pik-Up to our portfolio, we will further reinforce our leadership in this category. I am delighted to announce the introduction of the first locally assembled pick up in Sri Lanka.
Addressing the gathering, Nalin Welgama, Founder & Chairman, Ideal Motors said, Ideal Motors and Mahindra have been working together for a decade to deliver value to our customers. Our small commercial vehicle range has played a pivotal role in the economic development of the country over the last many years. This new Bolero City Pik-up will open many opportunities for small and medium entrepreneurs in the country. We believe in giving the best customer experience through our island wide network.”
With easy maneuverability, big cargo box and reliable high-power engine, the new Bolero City Pik-Up has been designed for urban and rural applications. This pick-up will offer class leading cargo capacity and payload in the category, thus enhancing the earning potential for its owners. This will be supported by a class-leading extended warranty of 36 months/ 100,000 km. Customers are assured to earn more profit and have complete peace of mind.
The New Bolero City Pik-Up is powered by Mahindras proven 2,523cm3, m2Di, four-cylinder, diesel engine providing power of 46.3 kW (63 HP) & torque of 195 Nm for better performance. The Bolero City Pik-Up has a payload capacity of 1400 kg and 2640 cm x 1700 cm (8.7 ft x 5.6 ft) cargo box to carry heavy loads effortlessly. Its sporty eye-catching wrap around headlamps, a stylized front chrome grille, a trendy dual tone instrument panel and comfortable fabric seats with matching door trims, gives it a more stylish and elegant look.
News
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
The book “Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” ,authored by Secretary to the Ministry of Finance, Mr. Mahinda Siriwardana, was officially launched this morning (08) at the Galle Face Hotel, Colombo, with the participation of President Anura Kumara Disanayake.
The first copy of the publication was formally presented to President Disanayake by Mr. Siriwardana during the event.
It has been reported that former State Minister Sivanesathurai Chandrakanthan alias ‘Pilleyan’ has been arrested by the Criminal Investigation Department (CID).
A meeting between President Anura Kumara Disanayake and senior officials of SriLankan Airlines was held this afternoon (April 8) at the Presidential Secretariat.
The discussions mainly focused on proposals to transform SriLankan Airlines into a more profitable state-owned enterprise. Special attention was also given to possible short-term and long-term solutions for the airline’s debt management.
The talks further explored new investment opportunities for the airline. The President instructed the officials to take all necessary steps to transform SriLankan Airlines into a profit-making entity.
Although the airline has recorded operational profits, due to past mismanagement and poor decision-making, it remains one of the leading loss-making state enterprises. The current government has decided to reverse the previous administration’s decision to privatize the airline. Instead, it plans to continue operating it as the national carrier while introducing a new management structure to ensure its profitability moving forward.
Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, President’s Senior Advisor Duminda Hulangamuwa, Chairman of SriLankan Airlines Sarath Ganegoda along with several senior officials of SriLankan Airlines, were present at the meeting.
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
Former state minister arrested by CID
President meets with senior officials of SriLankan Airlines
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