Sri Lanka’s Abans Auto chosen as Hyundai’s authorised distributor for Sri Lanka
Sri Lanka’s Abans Auto has been selected as the authorised distributor for the Hyundai Motor Company in the island.
Abans Auto, as the authorised distributor, will market and service the total model range of Hyundai vehicles in Sri Lanka.
The landmark agreement embodies Abans Auto’s significant brand presence and influence in the automotive industry as well as Hyundai Motor’s aim to expand further into this emerging market, the local media has reported.
“We are deeply delighted to be partnering with Hyundai Motor Company, a world-class and world-renowned automotive brand. Through this milestone partnership, we hope to provide Sri Lankan consumers the opportunity to experience the signature design, lifestyle and experience that Hyundai vehicles offer, and revolutionise Sri Lanka’s present automotive market with the vehicles of the future,” Abans Group Managing Director Behman (Tito) Pestonjee has been quoted as saying.
Under this partnership, Abans Auto will is to distribute the entire line-up of Hyundai vehicles, especially recent new models including Venue, Tuscon, Ioniq EV and Kona EV and the predominant focus is to be on Hyundai Venue.
Hyundai Venue offers the versatility of a stable and comfortable driving experience, while providing the best fuel efficiency of its class and having debuted at the New York International Auto Show in April, the all-new 2020 Venue is the latest addition to the Hyundai Motor’s entry SUV segment.
Another upcoming event that has been reported in the local media is the launch of the Hyundai Digital Centre, which will soon be opened at Colombo City Centre.
It is will be the first of its kind in Sri Lanka and the centre is tipped to be an innovative automotive retail concept that will use immersive 3D technology to further enhance the Hyundai customer experience.
OSL take:
Sri Lanka’s Abans Auto being chosen as the authorised distributor of Hyundai is yet another instance where a foreign business has expressed confidence in doing business with Sri Lanka identifying the island’s business potential. Sri Lanka’s geographical positioning in the Indian Ocean, the ease of doing business environment in the country and the many trade agreements as well as the trade concessions enjoyed by the country have made Sri Lanka the ideal business destination in the South Asian region. Foreign businesses/investors could therefore explore business/investment opportunities in Sri Lanka.
| Article Code : | VBS/AT/19092019/Z_2 |