ElaKiri Community
Downloads
Go Back   ElaKiri Community > General > ElaKiri Talk!
Reload this Page Volkswagen to invest US$ 30m on Kurunegala assembly plant
Reply
 
Thread Tools
(#151)
Old
2osama's Avatar
2osama 2osama is offline
Senior Member
2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold
 
Posts: 8,595
Join Date: Oct 2010
Location: මාලඹේ
02-17-2020, 08:20 AM

කෝ මේකේ අයිති කරයා
Reply With Quote
(#152)
Old
inspiron's Avatar
inspiron inspiron is offline
Senior Member
inspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond reputeinspiron has a reputation beyond repute
 
Posts: 17,917
Join Date: May 2014
Location: Nowhere
02-17-2020, 09:28 AM

lol
Reply With Quote
(#153)
Old
Deleted's Avatar
Deleted Deleted is offline
Senior Member
Deleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to beholdDeleted is a splendid one to behold
 
Posts: 5,863
Join Date: Aug 2016
02-17-2020, 09:30 AM

මේව දකිනකොට UNP ඵකට ජන්දෙ දෙන්න හිතෙනවද බං.
Reply With Quote
(#154)
Old
N A K A M U R A's Avatar
N A K A M U R A N A K A M U R A is offline
Senior Member
N A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of light
 
Posts: 4,039
Join Date: Apr 2018
Location: 日本
02-23-2020, 07:19 AM

Quote:
Originally Posted by Deleted View Post
මේව දකිනකොට UNP ඵකට ජන්දෙ දෙන්න හිතෙනවද බං.
Reply With Quote
(#155)
Old
2osama's Avatar
2osama 2osama is offline
Senior Member
2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold
 
Posts: 8,595
Join Date: Oct 2010
Location: මාලඹේ
02-23-2020, 01:31 PM

up
Reply With Quote
(#156)
Old
lalhtt lalhtt is offline
Senior Member
lalhtt will become famous soon enoughlalhtt will become famous soon enough
 
Posts: 218
Join Date: Sep 2012
02-23-2020, 02:53 PM

Vehicle Assembly Plant in Kuliyapitiya Re-named as “Western Mobile”Expected to Turn out 1500 Diesel Cars in First 3 Years
Posted by Administrator on 7 January 2017, 12:45 am
By P K Balachandran

The emission scandal in which German carmaker Volkswagen (VW) was embroiled since September 2015, put paid to its project to set up an assembling facility in Sri Lanka, which was to come up this month.

Explaining the circumstances in which the VW plant project was called off, Deputy Foreign Minister Harsha de Silva said that within two weeks after VW and Sri Lankan car dealer, Senok Automobiles, signed an agreement for the plant in mid-August 2015, VW admitted to the US Environment Protection Authority (EPA) that it had cheated on emissions tests on some of its diesel models sold in the US.

On 18 September 2015, the US EPA went public with VW’s admission of guilt.

Thereafter, VW’s stock crashed, and the senior management was fired. Later, some 30,000 jobs were cut. The company has thus far lost US$ 18 billion because of the scandal.


However, VW’s local agent, Senok Automobiles, representing the carmaker, tried to save the agreement and continue with the investment as planned. But at one point, after much negotiation, the government decided it would be better not to go ahead with a dedicated VW assembly plant due to possible legal issues that could crop up because of the emissions scam.

But given the existence of the agreement with the Board of Investment (BOI), it was decided to go ahead and establish the plant to assemble various makes of European automobiles.

It was for this plant in Kuliyapitiya in Kurunegala district, that President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe laid the foundation stone earlier this week.

The plant has been renamed “Western Automobile”.

The Chairman of the BOI Upul Jayasuriya told Express that Western Automobile will eventually turn out 10,000 to 15,000 diesel cars of 1000 cc to 2000 per year. Initially, with a modest capacity to turn out 500 units, it will only serve the domestic market for the first three years.

As regards the new financier, Jayasuriya said that Volkswagen and an unidentified European car maker, have agreed to pitch in. But the media quoted the German embassy and VW’s officials as saying that VW has no plan now to invest in Sri Lanka.

Courtesy:New Indian Express
Reply With Quote
(#157)
Old
2osama's Avatar
2osama 2osama is offline
Senior Member
2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold2osama is a splendid one to behold
 
Posts: 8,595
Join Date: Oct 2010
Location: මාලඹේ
02-23-2020, 03:17 PM

Quote:
Originally Posted by lalhtt View Post
Vehicle Assembly Plant in Kuliyapitiya Re-named as “Western Mobile”Expected to Turn out 1500 Diesel Cars in First 3 Years
Posted by Administrator on 7 January 2017, 12:45 am
By P K Balachandran

The emission scandal in which German carmaker Volkswagen (VW) was embroiled since September 2015, put paid to its project to set up an assembling facility in Sri Lanka, which was to come up this month.

Explaining the circumstances in which the VW plant project was called off, Deputy Foreign Minister Harsha de Silva said that within two weeks after VW and Sri Lankan car dealer, Senok Automobiles, signed an agreement for the plant in mid-August 2015, VW admitted to the US Environment Protection Authority (EPA) that it had cheated on emissions tests on some of its diesel models sold in the US.

On 18 September 2015, the US EPA went public with VW’s admission of guilt.

Thereafter, VW’s stock crashed, and the senior management was fired. Later, some 30,000 jobs were cut. The company has thus far lost US$ 18 billion because of the scandal.


However, VW’s local agent, Senok Automobiles, representing the carmaker, tried to save the agreement and continue with the investment as planned. But at one point, after much negotiation, the government decided it would be better not to go ahead with a dedicated VW assembly plant due to possible legal issues that could crop up because of the emissions scam.

But given the existence of the agreement with the Board of Investment (BOI), it was decided to go ahead and establish the plant to assemble various makes of European automobiles.

It was for this plant in Kuliyapitiya in Kurunegala district, that President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe laid the foundation stone earlier this week.

The plant has been renamed “Western Automobile”.

The Chairman of the BOI Upul Jayasuriya told Express that Western Automobile will eventually turn out 10,000 to 15,000 diesel cars of 1000 cc to 2000 per year. Initially, with a modest capacity to turn out 500 units, it will only serve the domestic market for the first three years.

As regards the new financier, Jayasuriya said that Volkswagen and an unidentified European car maker, have agreed to pitch in. But the media quoted the German embassy and VW’s officials as saying that VW has no plan now to invest in Sri Lanka.

Courtesy:New Indian Express
Quote:
unidentified European car maker
උන් නම කියන්න කැමති නැති කොම්පැණි එකක්
කථා තමා
Reply With Quote
(#158)
Old
N A K A M U R A's Avatar
N A K A M U R A N A K A M U R A is offline
Senior Member
N A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of lightN A K A M U R A is a glorious beacon of light
 
Posts: 4,039
Join Date: Apr 2018
Location: 日本
02-29-2020, 02:56 PM

Quote:
Originally Posted by පෝරිසාදයා View Post
Ranil...the man
Reply With Quote
Reply

Bookmarks

Tags
පෝරිසාදයා lol, makkama tours, raja pakaya

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



Copyright © 2006 - 2011 ElaKiri™ Beta2.Evo vBulletin, vBa iBproArcade Subdreamer I-Magic MKv

Page generated in 0.04005 seconds with 12 queries