Market Aranchi Marga reports that the price of auto spare parts available in the market has increased by more than 300%. Also, the prices have increased mainly for auto spare parts such as batteries, mirrors, vehicle plates, engines, light lamps, etc. does
They allege that importation of spare parts has been hindered due to non-issue of letters of credit by some financial institutions while importing. It is also reported that there is a shortage of auto spare parts in the market.
According to reports, in the face of such a situation, a stock of vehicle spare parts that could be used for about a hundred vehicles brought to Sri Lanka in the last 5 years was destroyed at the Orugudawatta Customs Container Terminal recently, and the Director of the Customs Revenue Monitoring Force, DBM Samaratunga, who commented on the matter, stated that the spare parts It was said that if the parts are released to the market, there is a risk of assembling substandard vehicles, so they were destroyed.