Ideal Motors Archives

July 26, 2023

XpressJobs, the leading job portal in Sri Lanka, is proud to announce its strategic partnership with Ideal Motors, a fully owned subsidiary of the Ideal Group, for an innovative Corporate Social Responsibility (CSR) program. This joint initiative aims to uplift underprivileged students residing in remote areas outside Colombo by introducing Free National Vocational Qualification (NVQ) Level 4 courses.

The NVQ Level 4 courses offered as part of the program equip participants with theoretical and practical course, with comprehensive knowledge, skills, and competencies in various areas. Ideal motors will facilitate on-the-job training for the apprentices in its island-wide workshops.

Successful apprentices will receive internationally recognized NVQ Level 4 certificates in Auto painting (1 year) or automobile mechanic (2 years) depending on the filed they chose. Furthermore, trainees will receive a monthly allowance, along with accommodation, uniforms, safety tools, and meals provided free of charge. This certification will open doors to employment opportunities within the Ideal Group’s extensive network of branches across the island.

“We are thrilled to partner with Ideal Motors for this transformative CSR program aimed at empowering eager students in remote areas of Sri Lanka. At XpressJobs, we firmly believe that every individual deserves equal opportunities, and this partnership allows us to make a real difference in the lives of deserving youth and foster inclusivity by ensuring equal opportunities for girls in the automobile field. Together with Ideal Motors, we are committed to offering an education path building a brighter future for Sri Lanka by empowering these talented individuals,” XpressJobs Dr. Oshadie Korale said.

XpressJobs, renowned for its pioneering CV-less system, will utilize its platform to source candidates from distant areas. Through this system, job seekers can effortlessly apply for opportunities by simply filling out a form over the phone, eliminating the requirement for a traditional CV. XpressJobs reached youth in suburbs through native languages from social media platforms such as Facebook, TikTok ect., using video job advert concepts.

“We are delighted to join forces with XpressJobs for this CSR program. By leveraging XpressJobs’ platform, we can now connect with and access individuals who are genuinely interested in the automobile field, and otherwise would have not gone into skilled labor, due to not having a path to higher education. We are happy to say students from previous batches have even been able to secure foreign employment as well. Together with XpressJobs, we are dedicated to making a lasting impact on the lives of students ” Ideal Motors Mr. Chaminda Wanigarthne, Director Automotive highlighted.

The CSR program, primarily focused on assisting youth in remote communities, In line with this mission, XpressJobs has developed an extensive marketing plan to reach the masses and engage young individuals. Special attention is also being given to ensuring equal opportunities for girls, particularly in the automotive field, where gender representation is traditionally imbalanced

July 5, 2023

DFCC Leasing, a unit of DFCC Bank PLC, and Ideal Motors, the Sole Authorised Dealer for Mahindra automotive products in Sri Lanka, recently announced a landmark partnership to enable customers to enjoy exclusive leasing promotions aimed at delivering exceptional value. A Memorandum of Understanding (MoU) was signed between these two reputed and respected institutions, paving the way for an exciting partnership that combines the unparalleled leasing expertise of DFCC Leasing with the high-quality vehicle offerings from Ideal Motors. Leveraging their collective strengths and expertise, DFCC Leasing and Ideal Motors aim to provide customers with a seamless, modern leasing experience and unbeatable value.

“We are pleased to partner with Ideal Motors to bring these valuable and exclusive leasing propositions, with unbeatable rates, to our valued customers,” said Aasiri Iddamalgoda, Senior Vice President of Retail Banking and SME at DFCC Bank PLC, “The combination of DFCC Leasing’s expertise in vehicle financing solutions and Ideal Motors’ locally assembled vehicles creates a unique offering that truly caters to the needs of our collective customers.”

DFCC Leasing, known for its exceptional service capability and longstanding history, has adapted its leasing solutions to cater to the evolving needs of Sri Lankans. DFCC Leasing has established itself as a trusted partner and leader in the industry with a wide range of financing options and personalised customer service.

Also commenting on the partnership, Ms Nimisha Welgama, Director of legal and corporate affairs at Ideal Motors (Private) Limited, said, “We are delighted to join forces with DFCC Leasing to provide customers with a uniquely seamless and professional leasing experience. Our shared commitment to delivering genuine value and customer satisfaction makes this partnership a perfect fit.”

Enjoying a rich legacy of assembling high-quality vehicles locally, Ideal Motors is committed to delivering genuine value and superior performance, making it a household name in Sri Lanka. Through this partnership with DFCC Leasing, customers can access unbeatable leasing facilities when choosing the popular Mahindra KUV100 SUV and Mahindra Bolero Pickup truck, meticulously assembled in Sri Lanka by Ideal Motors.

Whether for personal or commercial use, this exciting collaboration provides an excellent opportunity for customers to acquire their desired vehicles with ease, convenience and at low rates. Furthermore, as both DFCC Leasing and Ideal Motors are widely recognised and trusted, customers can be assured of the utmost quality, reliability, and service in their vehicle and leasing options.

June 6, 2023

Ideal Motors, a fully owned subsidiary of the Ideal Group specializing in Mahindra Vehicle Assembly and Mahindra Vehicles, and also as the importer and distributor of Mahindra spare parts, supplied two Mahindra Powerol generators to the education arm of Nawaloka Holdings, Nawaloka College of Higher Studies locations in Colombo and Kandy to meet their energy requirements.

Currently, Mahindra Powerol generators are available in 28 models, ranging from 5 KVA to 625 KVA and can be purchased at extremely attractive prices from the Ideal Motors branch network located islandwide While Powerol generators are equipped with the formidable Mahindra engine, the power production unit is through the world-renowned European technology of Leroy-Somer. In addition, Mahindra Powerol uses world-recognized brand of DPC (Digital Power Control) modules in its generators to provide better fuel efficiency, lower emissions, and reliable power output.

The Powerol generators launched into market are available in distinct categories. The convenient and bcompact, easy to handle 5 KVA single-phase portable generator set, the 10 KVA to 30 KVA single phase generator set, and the 10 KVA to 625 KVA three phase generator set. In 2017, Ideal Motors was awarded the sole distributorship for Mahindra Powerol diesel generators in the country. Since then, Mahindra Powerol has been a mainstay in catering to the power needs of both large and small-scale companies and to-date has earned an enviable reputation as a leader in Sri Lanka’s generator market.

Commenting on Mahindra Powerol gensets, Janaka Kulathunga, Senior Manager – Powerol Product,

Ideal Group stated, “Today, Mahindra Powerol has become Sri Lanka’s leader among the Indian generator category. We are extremely pleased to note that we have been able to achieve this unique victory within a short period of time due to our excellent after sales service. Furthermore, Mahindra Powerol is a proven well-known and respected international brand loved by consumers worldwide. Currently, Mahindra Powerol generators offers a portfolio of generators suited to various niches and supplies leading manufacturers, factories, hotels, banks and service stations in the country as the preferred choice among these institutions.”

He added, “Notably, the Mahindra diesel generators operate with low noise levels, offers higher fuel efficiency, and assures users of years of hassle-free operations, manufactured to ensure proven performance and reliability. Within a very short time, Mahindra Powerol generators has achieved nationwide popularity among customers. We believe the excellent customer and after sales service provided by Ideal Motors are among the reasons we have attracted a large customer base. We are committed to offering exceptional customer service. Our 15 Ideal First Choice workshops located islandwide, and according to the customer’s requirement, efficiently ensure superior service with greater convenience at affordable rates. Prioritizing the welfare of our customers at all times, saving their valuable time, we offer the added advantage of sourcing the required spare parts through Ideal Motors.”

Caption – Janaka Kulathunge, Senior Manager (Ideal Motors –Powerol Product) and Vijay Dutta, Senior Manager – Mahindra Powerol (Asia&ANZ) hand over Mahindra Powerol generators to an official of Nawaloka Group’s Higher Education Institutions. Kasun Fernando, Head of Sales at Ideal Motors and Dinesh Manage, Regional Sales Manager at Ideal Motors also took part in the event.

May 31, 2023

Sri Lanka’s leading private sector bank HNB PLC renewed its partnership with local automobile dealer for the Mahindra vehicles and generators Ideal Motors, to offer customers a wide range of special benefits anchored to low interest rates.

The partnership between Ideal Motors and HNB ensures that customers receive the most affordable leasing options, personalized services, and a seamless financing experience when purchasing Mahindra vehicles or Generators. HNB Deputy General Manager – Retail & SME, Sanjay Wijemanne and Ideal Motors Director – Legal & Marketing, Nimisha Welgama, were present at a special ceremony hosted at Ideal Motors Head Office to solidify the continued collaboration between two industry leaders.

“The uncertainties we have faced over the past two years have really affected transport for a significant portion of the population, especially affecting potential vehicle owners and SMEs looking at buying vehicles for logistics and transport. In that context, we are happy to partner with Ideal Motors, and together we are confident in our ability to provide the best services and repayment plans to ensure convenient access to the range of Mahindra automobiles,” HNB DGM – Retail and SME, Sanjay Wijemanne stated..

HNB will offer customers a range of attractive financing options and benefits for Bolero trucks and KUV vehicles leased for up to 5 years. The bank further provides a 30% residual value for Bolero trucks and KUV 100 for up to 4 and 5 years, respectively. Customers will also enjoy a special interest rates for Mahindra Generators during the promotional period, with the flexibility to adjust rates based on market changes.

Customers also have access to attractive discounts for vehicle insurance premiums from HNB General Insurance together with a free accidental life insurance cover worth Rs. 4.5 million and a natural death cover of Rs. 600,000. As a further bonus, customers who purchase Mahindra vehicles will receive a value-added “Prestige Prime” credit card, offering access to special discounts on automobile products, servicing, spare parts, tyres, batteries. HNB will waive off the first-year annual fee.

“Despite the challenges we face in the ever-evolving automotive industry, our commitment to providing outstanding services and value to our customers remains unwavering. This renewed partnership with HNB is a testament to our shared dedication to meeting the needs and aspirations of our valued customers.

We understand the importance of affordability and quality, and through our collaboration with HNB, we aim to make owning a Mahindra vehicle an attainable dream for many. With our combined expertise and customer-centric approach, we are confident that we can deliver attractive offers and financing options that will enhance the overall car-buying experience,” Ideal Motors Director – Legal & Marketing, Nimisha Welgama elaborated.

Customers can also enjoy a range of benefits and personalized services as part of this exclusive partnership. Ideal Motors will offer free registration with a discount of up to Rs 200,000/= for the KUV GMT Gasoline and free registration for the KUV AMT. In addition, customers can benefit from up to Rs 100,000/= discount for the Bolero City pick-up.

Ideal Motors (Pvt.) Ltd is the local promoter of Mahindra vehicles in Sri Lanka, a well-established and rapidly growing Indian brand that is internationally renowned for its high-performance Jeeps and SUVs. All Mahindra vehicles are now offered at a special discounted price for HNB Leasing customers, along with free registration for all Mahindra vehicles and free insurance for selected vehicles.

With 256 customer centres and 800+ Self Service machines (SSMs) nation-wide, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. Consolidating its legacy in sustainability, good governance and corporate excellence, HNB was crowned the Best Corporate Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards. The bank further secured four additional accolades, including being ranked among the Top 10 Best Corporate Citizens and taking home the Governance category and Sustainability Champion for the Finance sector titles.

Additionally, HNB was ranked among the World’s Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for the sixth consecutive year in 2022, in addition to being crowned the Best Retail Bank in Sri Lanka for the 13th occasion at the prestigious International Excellence in Retail Financial Services Awards 2023 hosted by the Asian Banker Magazine.

August 16, 2022

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Ideal Motors unveiled the ‘Ideal Moksha,’ Sri Lanka’s first home-grown fully-electric car at the JAIC Hilton on 28 July 2022. Drawing inspiration from the iconic Austin Mini Moke that took the world by storm, the Ideal Moksha is geared to be a game changer for the Sri Lankan market and the most practical solution in the current technology transition phase towards a sustainable, carbon-neutral future. As the name depicts, ‘Moksha’ is intended to provide a blissful driving experience with advanced technology and design principles embedded in every detail – a new solution for Sri Lanka’s roads that offers style, space, comfort, and connectivity.

Classified as a four-wheeled electric quadricycle, the Ideal Moksha is fitted with a 22.46 kWh Lithium battery that provides a range of up to 200 kilometers on a single charge by plugging into a 15-amp domestic charger overnight. With a weight of just 870 kg, the powertrain provides a speed of 1080 rpm. The interior of the car packs a spacious cabin offering comfortable seating to the driver and 3 passengers. The car is offered in matching 2-tone exterior colours. The customer can access information, favourite music, and maps using the 7-inch multimedia touchscreen display that comes with Apple CarPlay and Android Auto compatibility. The fully air-conditioned car includes, push start, and alloy wheels. Furthermore, Ideal Moksha offers complete peace of mind with a 2-year warranty on the electric motor as a standard benefit to the customer. The warranty available on the battery will be 5 years from the date of car purchase. Our island-wide aftermarket network will ensure an unmatched level of service.

The Ideal Moksha is expected to offer affordable electric mobility to every segment of society. It is the ideal car for every household in Sri Lanka, especially for the 1.5 million three-wheelers and 4.5 million two-wheelers registered on the island, driving holistic change by empowering drivers with a cost-effective solution to upgrade to a safe and smarter vehicle. The fully automatic car offers 100% torque from start with no gear changes, facilitating ease of learning and a relaxed driving experience. The electric battery means no petrol stations, thereby removing the stress and complications from travel. With these innovations, the Ideal Moksha is set to transform the very nature of commuting and travel in Sri Lanka; it is the ideal vehicle for everyone and anyone, from the corporate executive looking to conserve and the two-wheeler owner looking to upgrade.

As a strong advocate of sustainable mobility, Mr Nalin Welgama, the Founder and Chairman of the Ideal Group, together with a team of expert technicians who are passionate about climate change and migration to electric vehicles, developed Ideal Moksha in their very own green workshop facility in Ratmalana (the plant itself is fully powered by solar energy). Speaking at the occasion, Mr Welgama said, “My dream of manufacturing a homegrown electric car in Sri Lanka realised today, with the unveiling of our “Ideal Moksha”. This entry-level car has the options and sophistication of cars built by the world’s best auto majors! It gives me immense pleasure to declare that my 35 years of experience in the automobile business has contributed to the making of this car on my home soil. I fervently hope that this signals a beginning of a new era in the manufacture of EVs in Sri Lanka.”

This is just the beginning of this next step for Ideal Motors. Building on the momentum, the Company also unveiled a fully electric moped and a retrofit kit that will enable the migration of a combustion engine to an electric engine. But the Ideal Moksha and other EVs are only one piece of the puzzle; the Ideal Group’s goal is to not simply pass off the energy deficit and costs from fuel to electricity, especially if the sources of electricity are non-renewable. With this in mind, the Ideal Group offers customers a package for a total green solution along with their purchase of the Ideal Moksha to completely power the car using renewable energy. This package is particularly aimed at 5.5 million households that use less than 100 and 200 kilowatts of electricity units per month. The package includes the installation of up to 4 kilowatts of rooftop solar energy, where an average household will be able to meet their daily requirements of energy and completely do away with paying electricity bills. The Ideal Group believes that it is this kind of systematic, integrated thinking and problem-solving, of which the Ideal Moksha is the first step, that will truly bring about a revolution in mobility.

March 28, 2022

Sri Lanka’s leading private sector bank Hatton National Bank (HNB) has once again renewed its partnership with Ideal Motors (Pvt.) Ltd, to promote and offer financing solutions for Mahindra automobiles and generators.

A special ceremony was hosted at HNB Towers, in the presence of HNB Deputy General Manager, Retail & SME Banking Sanjay Wijemanne and Ideal Motors Chairman Nalin Welgama to sign the Memorandum of Understanding (MoU).

The continued partnership between the two leaders in Sri Lanka’s banking and automobile industries will undoubtedly facilitate customers looking to purchase any Mahindra vehicle or generator with guaranteed personalised services in leasing and maintenance.

Customers will be able to receive a full life insurance cover worth up to Rs.4.5 mn together with attractive discounted vehicle insurance premiums. This exclusive collaboration also allows the two corporate giants to share their customer bases, who will in turn receive the lowest interest rates in addition to other benefits.

“Despite the uncertainties we faced over the past two years due to the pandemic, the leasing market has seen a positive incline. This is mainly in due to the value additions we extended to our customers and the hard work and dedication of our staff.

“Most importantly, we are excited to be joining hands with Ideal Motors, who have made an impact in the automobiles and generators market with the Mahindra brand. We hope that our mutual customer base will make use of this great opportunity to obtain the most affordable leasing options available, allowing them a chance to own a vehicle that they want,” commented HNB DGM-Retail & SME Banking Sanjay Wijemanne at the event.

The renewed alliance gives customers the opportunity to take advantage of free registration for all new Mahindra vehicles and generators through Ideal Motors, and attractive leasing opportunities from HNB, in addition to other benefits offered through the partnership. Customers will also receive the benefit of a ‘prestige prime’ credit card from HNB, which will offer unbeatable discounts on various automobile products.

“Our partnership with Mahindra has established us as market leader and household name in Sri Lanka. We look forward to expanding our facilities over the year to carter to the growing demand for Mahindra vehicles and we are certain that our collaboration with HNB to showcase our products will be successful,” said Chairman IDEAL Motors Nalin Welgama.

Customers can obtain further information on this partnership and offers through HNB customer centres and Ideal Motors showrooms, island-wide.

With 256 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Consolidating its reputation for banking excellence, HNB bagged the Best Retail Bank and Best SME Bank awards in the Banking category at the International Finance Awards 2021. The bank was also ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for five consecutive years. HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.

March 8, 2022

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Colombo, March 07, 2022– Nations Trust Bank, the premier vehicle financing provider focusing on the needs of salaried, professional and business customers, signed an agreement to provide vehicle leasing solutions, with Ideal Motors, the nation’s most diverse and trusted automotive solutions provider. Priyantha Talwatte, Director/CEO, Nations Trust Bank and Nalin J. Welgama, Chairman, Ideal Group signed the Memorandum of Understanding (MOU) on behalf of their respective organisations, in the presence of senior management member.

The Memorandum of Understanding will enable customers to purchase Mahindra vehicles including motor cars, and dual purpose vehicles at the most favourable terms, through Nation Trust Bank Leasing. Nations Professional Leasing offers the leasing solution most suitable for working professionals, with a leasing tenure up to 7 years with bulk payment of 40%. The solution is provided with no guarantors required and minimal documentation, delivered with minimal turnaround time taking into account the demands on the customers’ time.

February 25, 2022

Introduces the New Bolero City Pik-Up
Mahindra solidifies the Made in Sri Lanka stance by extending the locally assembled vehicle range with the all-new Bolero City Pik-Up
Bolero City Pik-Up is the only 1.4 Ton pick up currently available in the country

Colombo, February 24, 2022: Mahindra & Mahindra Ltd. (M&M Ltd.) and Ideal Motors, a fully owned subsidiary of the Ideal Group, today announced the start of deliveries of the new Bolero City Pik-Up in Sri Lanka. With this, Bolero City Pik-Up becomes Mahindras first single cab pick up to be assembled in the country. The vehicle has been in production at Mahindra Ideal Lankas Automotive assembly plant at Welipenna. The first batch of vehicles were delivered to the customers at an event held in the city, today.

Sri Lanka is one of M&Ms most important overseas markets. M&M has been present in the country for more than 25 years with a robust automotive & farm portfolio. The brand has been holding a leadership position for over 10 years in the pick-up category.

The addition of Bolero City Pik-Up will further strengthen its position in the category. With the gradual opening of the market amidst the pandemic, the commercial vehicle category is witnessing an increase in demand. Mahindra is boosting its production capacity at the Sri Lankan plant to meet the market demand for single cab pickups

Veejay Nakra, CEO, Automotive Division, M&M Ltd. said, “Sri Lanka has been a strategic market for Mahindra. We have been scaling up our local presence by expanding the product range through the Make in Sri Lanka initiative. With the addition of the Bolero City Pik-Up to our portfolio, we will further reinforce our leadership in this category. I am delighted to announce the introduction of the first locally assembled pick up in Sri Lanka.

Addressing the gathering, Nalin Welgama, Founder & Chairman, Ideal Motors said, Ideal Motors and Mahindra have been working together for a decade to deliver value to our customers. Our small commercial vehicle range has played a pivotal role in the economic development of the country over the last many years. This new Bolero City Pik-up will open many opportunities for small and medium entrepreneurs in the country. We believe in giving the best customer experience through our island wide network.”

With easy maneuverability, big cargo box and reliable high-power engine, the new Bolero City Pik-Up has been designed for urban and rural applications. This pick-up will offer class leading cargo capacity and payload in the category, thus enhancing the earning potential for its owners. This will be supported by a class-leading extended warranty of 36 months/ 100,000 km. Customers are assured to earn more profit and have complete peace of mind. The Bolero City Pik-Up comes with an attractive launch price of Rs.3,075,000 LKR onwards.

More about the new Bolero City Pik-Up:

The New Bolero City Pik-Up is powered by Mahindras proven 2,523cm3, m2Di, four-cylinder, diesel engine providing power of 46.3 kW (63 HP) & torque of 195 Nm for better performance. The Bolero City Pik-Up has a payload capacity of 1400 kg and 2640 cm x 1700 cm (8.7 ft x 5.6 ft) cargo box to carry heavy loads effortlessly. Its sporty eye-catching wrap around headlamps, a stylized front chrome grille, a trendy dual tone instrument panel and comfortable fabric seats with matching door trims, gives it a more stylish and elegant look. For more information, visit www.mahindra.com.lk.

June 1, 2021

Colombo, June 01, 2021: Allianz Insurance Lanka Limited (Allianz Lanka) joined hands with Ideal Motors and its subsidiary Ideal First Choice to facilitate free motor vehicle insurance for its vehicles in selected classes and vehicle damage repairs at Ideal First Choice and Ideal Motor Body & Paint Workshops Island-wide.

By way of this partnership, Ideal will offer free insurance to all brand new, Mahindra commercial two wheel and three-wheel vehicles. In addition, they will offer attractive benefits to new vehicle owners who acquire their insurance from Allianz. Ideal have a wide network of garages in key locations across the island, which have been incorporated into the Allianz Lanka garage network. As such policyholders will have access to these garages in the unfortunate event of any vehicle repairs or any other requirement. Furthermore, these garages are equipped to handle repairs of multi branded vehicles at all their locations, making this an additional advantage for policyholders.

Allianz Lanka policyholders will have a single point of contact at Ideal and special attention will be given to Allianz accident repairs. Special discounts on genuine Mahindra vehicle parts will also be offered to policyholders.

“We have a clear view of what we want Allianz to look like in the future; simple, digital and scalable. Partnerships such as this with Ideal Motors and First Choice, is another step towards enabling us to achieve this,” said Gany Subramaniam, Chief Executive Officer, Allianz Insurance Lanka Limited. “Our policyholders will have access to the wide network of Ideal First Choice garages located across the entire island, offering them greater convenience. We are assured that this partnership will give our policyholders the support they need in securing their future and thereby building confidence in tomorrow.”

“We are excited of the potential this partnership with Allianz Lanka has to offer both our current and future customers. As a pioneer in the motor and after-sales service industry in Sri Lanka, we are more than confident that our state-of-the-art facilities can provide the service excellence that Allianz policyholders are looking for,” said, Nalin Welgama, Chairman, Ideal Motors (Pvt) Ltd / Ideal First Choice (Pvt) Ltd.

October 26, 2020

Ideal Motors Pvt Ltd and its subsidiary Ideal First Choice Pvt Ltd (part of the Ideal Group of Companies) have pioneered an insurance reward scheme free of charge, an industry first for vehicle owners who continue to avail services from both Ideal Motors and Ideal First Choice workshops. The Ideal Motors main workshop located in Ratmalana, exclusively undertakes repairs and services for Mahindra vehicles and the eleven Ideal First Choice Workshops located island wide undertake repairs and services for multi-brand vehicles including Mahindra vehicles.

Founder and Chairman of Ideal Group Mr Nalin Welgama stated: “We are delighted to reward our customers with free personal accident insurance cover, a first time event in Sri Lanka’s automobile market. At Ideal Group, we are constantly providing innovative solutions to our loyal customers. We believe vehicle owners of any brand should be honored with this reward, for choosing to service their vehicles with us. We have partnered with the highly reputed and trusted Allianz insurance Lanka Pvt Ltd for this initiative”.

Labour services of more than Rs. 4000 carried out at any of the Ideal Motors and Ideal First Choice Workshops are eligible to a free personal accident insurance cover valued to a maximum of Rs 400,000. The insurance cover offers a range of benefits including accidental death, total and/or permanent disablement, accidental death due to an accident as a passenger in a car, rider on a bike, funeral benefits, medical expenses and daily hospital cash allowance. Loss of life and/or disability due to an accidental death covers up to a sum of Rs 400,000. The sum of Rs 40,000 will be covered as funeral expenses and medical expenses of up to Rs 40,000 irrespective of hospitalization at a government hospital or a private hospital. The personal accident cover will not cover hospitalization due to natural causes or other unrelated illnesses.

About the Ideal Group

With over three decades of disrupting the local automotive and after-market solutions industry, Ideal Holdings and Ideal Group is a truly Sri Lankan Group of Companies leading the way in Sri Lanka. The Group’s strength consists of over a 1,000 team members and boasts turnover of more than Rs. 20 billion annually. As a pioneer, Ideal Group specializes in assembly, import and distribution of motor vehicles and multi-brand spare parts, automotive after sales services.

In Q2 FY19 Indian giant Mahindra Finance announced the investment of Rs. 2 billion till Q4 2021 increasing its stake in Ideal Finance to 58.2%. Through Ideal Finance, the Group focuses on Finance and Real Estate services, logistics and a plethora of services uplifting economical standards and enabling every citizen in the country.

Ideal Group holds the sole authorized distributor rights of Mahindra motor vehicles and motor cycles in Sri Lanka and the co-ownership of Sri Lanka’s “first automotive assembly and production plant” in Welipenna, which is a bi-product of the joint venture between Ideal Group and India’s automotive giant, Mahindra and Mahindra. In 2019, a Rs. 3 billion investment made way for a state–of–the-art assembly plant in 2019 forming Mahindra Ideal Lanka (Pvt) Ltd in which Ideal Group holds an ownership of 65%. With its capacity to manufacture 5,000 vehicle units per annum, the assembly plant is expected to export vehicles to the South Asian countries and continue to stamp the global footprint. It is also the nucleus of KUV100 NXT, the first ‘Make in Sri Lanka’ SUV car introduced.

Following a service first philosophy, the Group claims a large footprint across Sri Lanka with its island wide network of Ideal sales showrooms, after market, genuine spare part dealers, multi brand workshops, tyres, and premier workshops.

Older Posts

XpressJobs partners with Ideal Motors to empower talent in the automobile industry (CSR program)

DFCC Leasing and Ideal Motors Join Forces to Offer Exciting Leasing Promotions

Ideal Motors supplies state-of-the-art Mahindra Powerol generators to two Nawaloka College of Higher Studies

HNB renews partnership with Ideal Motors to offer exciting benefits for Mahindra vehicles and generators

Ideal Motors unveils Sri Lanka’s first home-grown electric car

HNB re-inks partnership with Ideal Motors with exclusive offers for Mahindra automobiles, generators

Nations Trust Bank partnered with Ideal Motors for Premium Leasing Solutions

Mahindra & Mahindra Launches Sri Lankas First Ever Locally Assembled Single Cab

Allianz Lanka, Ideal Motors and First Choice Partner to Offer Insurance Benefits to New Vehicle Owners

Ideal Motors and Ideal First Choice breaks new ground in Sri Lanka offering industry-first free insurance cover