📈 Sri Lanka SUV Registrations Ease in April

SUV and crossover registrations declined to 4,853 units in April 2026, down from 5,841 units in March, according to data analyzed by JB Securities. • Overall Figures: Brand-new registrations dropped to 1,957 units (from 2,740 in March), while pre-owned registrations eased to 2,895 units (from 3,101 in March). The financing share for the segment stood at 48.6%. • Brand Performance: - Toyota led the market with 1,725 units, driven by the Raize (1,204 units) and Urban Cruiser (277 units). - Honda secured second place with 906 units, dominated by the Vezel (875 units). - Suzuki ranked third with 688 units, heavily backed by the Fronx (684 units). - Nissan (268 units, mainly Magnite) and Kia (256 units, led by Sorento) followed. - BYD recorded 200 units, primarily Sealion variants (173 units). - Land Rover posted 49 units, including 30 Defenders and 18 Range Rovers. • Market Trends: Small-engine models with capacities below 1,500cc heavily dominated the segment, accounting for 95% of total registrations. Chinese brands like GAC, SAIC, Jetour, and Changan also contributed, mainly with plug-in hybrid models.