Indika Sampath Meranchige, President of the Automobile Importers’ Association says that the increase in car prices is being carried out by a small group of people who are involved in the vehicle business and newcomers to it.

He also said that most of the auto traders are facing severe difficulties due to the current situation.

He also points out that to control the current increase in vehicle prices, people should not buy vehicles at unreasonable prices in a catastrophic time.

If so, the price hike would be curtailed, he said.