Sri Lanka, July 13 -- Vehicle registrations in June picked up to pre-pandemic levels as pent-up demand kicked in with the gradual easing of lockdowns from mid May with people accelerating their vehicle purchases, mostly on their savings as bank credit in to vehicle purchases were largely restrained.

A total of 32, 123 vehicles were registered, almost double the number in May when the figure was 17, 313 and slightly higher than 31, 402 units in February, according to monthly vehicle registrations data compiled by JB Securities, a Colombo-based stock brokerage.

The June momentum is expected to continue towards July as there is around a month of inventory waiting for registration, industry sources estimate.

People accelerated their purcha...