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Sept 28, 2011 (LBO) - The Sri Lankan agency for South Korea's KIA Motors is to set up three more service stations within the Colombo metropolitan region and then go outside the capital as sales soar.
KIA Motors (Lanka) has said it is to invest about a billion rupees in the next three years to expand its service facilities.
Mahen Thambiah, managing director KIA Motors Lanka, said their second service station is now being built at the Battaramulla, Pelawatta suburb at a cost of 250 million rupees and will open by June 2012.
"The facility will be able to repair 80 vehicles at a time," he told Vimasuma.com, our sister news website.
The firm has a service station now at Union Place in the heart of Colombo.
Thambiah said three more service stations will be set up in the suburbs of Peliyagoda, Ratmalana and Kalubowila with negotiations now underway to acquire land.
"In the second stage of our expansion we will go outside Colombo with service stations and show rooms in the towns of Kandy, Kurunegala and Matara," he said.
The firm has so far sold about 2,000 KIA vehicles and expects to end the year with sales of 2,500, around 200 percent more than 2010, he said.
http://www.lankabusinessonline.com/fullstory.php?nid=884597381
KIA Motors (Lanka) has said it is to invest about a billion rupees in the next three years to expand its service facilities.
Mahen Thambiah, managing director KIA Motors Lanka, said their second service station is now being built at the Battaramulla, Pelawatta suburb at a cost of 250 million rupees and will open by June 2012.
"The facility will be able to repair 80 vehicles at a time," he told Vimasuma.com, our sister news website.
The firm has a service station now at Union Place in the heart of Colombo.
Thambiah said three more service stations will be set up in the suburbs of Peliyagoda, Ratmalana and Kalubowila with negotiations now underway to acquire land.
"In the second stage of our expansion we will go outside Colombo with service stations and show rooms in the towns of Kandy, Kurunegala and Matara," he said.
The firm has so far sold about 2,000 KIA vehicles and expects to end the year with sales of 2,500, around 200 percent more than 2010, he said.
http://www.lankabusinessonline.com/fullstory.php?nid=884597381
