Company filings, disclosures and news on Diesel & Motor Engineering PLC (DIMO), Motor Vehicles on the Colombo Stock Exchange.
Sri Lanka's ASPI closed up 0.15% at 21,085.15 as positive sentiment followed a rating hike; turnover was Rs 1.32bn. Top contributors included Commercial Bank, Dialog Axiata, HNB and Hemas, while Carson Cumberbatch, Hayleys and Lion Brewery were among laggards; trades noted in Maharaja Foods, DIMO, Dipped Products and Browns Investments.
Diesel & Motor Engineering (DIMO) completed its DIMO Care Camp 2026 with 38 activations across the island from 8 Aug-15 Sep, providing tractor inspections, servicing, repairs, spare parts, technical advice, training and community health checks to strengthen after-sales support for farmers.
The Colombo Stock Exchange ended the week up 0.12%, with the ASPI rising 25 points to 21,382.74 after snapping a three-day losing streak. HAYC, CARG, SAMP, LOLC, SEMB and DIMO were top positive contributors; turnover was Rs.1.1bn and foreign investors were net sellers of ~Rs.50.5m.
The Ceylon Motor Traders' Association urged policymakers to stop an estimated Rs.40 billion 2025 revenue leakage from a blanket 15% CIF depreciation on used vehicle imports and called for a uniform duty structure and transparent valuation to ensure a level playing field across the automotive industry.
The Ceylon Motor Traders' Association urged the government to abolish the 15% vehicle depreciation rule before Budget 2027, saying the loophole could cause revenue leakage of up to Rs.120 billion in 2026. CMTA proposed an age-based interim cap (around 10%) and distributors such as DIMO warned of multi-million-rupee revenue losses per high-end vehicle.
Diesel & Motor Engineering (DIMO) unveiled the All‑New Mercedes‑Benz GLB 2026 at the inaugural Sri Lanka Tennis Premier League, marketing it as a family-oriented SUV with a third-row for seven seats and a 48V mild-hybrid four-cylinder petrol engine. DIMO highlighted its ongoing role as Sri Lanka's authorised Mercedes‑Benz agent and after-sales support.
DIMO (Diesel & Motor Engineering PLC) opened a new DIMO Diesel Lab in Kurunegala, expanding its Bosch Diesel Service Workshop network to provide Bosch-equipped diesel fuel injection pump and injector diagnostics and repairs. The facility is intended to give quicker access to specialized after-sales service and reduce downtime for commercial, agricultural and industrial fleets in the North Western Province.
DIMO Agribusinesses completed its island-wide "SWARAJ Parapura" programme in July, providing free inspections, minor repairs, maintenance guidance and awareness of genuine spare parts to SWARAJ tractor owners ahead of the Maha cultivation season. The fourth consecutive year of the initiative included doorstep service visits and complimentary gifts to strengthen after-sales support and reduce machinery downtime.
DIMO (Diesel & Motor Engineering) hosted the DIMO Agri Machinery Prestige Awards 2025/26 to honour its all-island dealer network and unveiled the Mahindra OJA Tractor and LOVOL RG102 Pro Harvester, while marking a 35-year partnership with Mahindra.
HNB PLC has partnered with Diesel & Motor Engineering PLC to offer exclusive leasing solutions for TATA commercial and passenger vehicles, Mercedes‑Benz, Jeep and agricultural machinery, including discounts, extended warranties and island‑wide after‑sales support.
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