Myanmar’s car market is booming. Even as demand for used cars continues to grow, new showrooms for brand-new cars are opening for business and motor expos are held frequently to showcase new models. The government’s new vehicle ownership policy has stirred up the used-car market but has had no...
By Ei Thandar Tun / Myanmar Business Today The 7th CarsDB Auto Show Yangon 2019, will showcase vehicles from 14 auto brands. The brands included BAIC, Borgward, Chevrolet, Ford, GAC, Gold AYA, Hyundai, Isuzu, Jaguar, Land Rover, Mitsubishi, Nissan, Suzuki...
Cycle & Carriage Automobile Myanmar Co Ltd, the authorised dealer of Mercedes-Benz in Myanmar, is to introduce buses manufactured by the German automaker to the Myanmar market.U Aung Thet Lwin, head of the company’s sales department, said that buses produced by Mercedes will be introduced as buses currently in...
The sales for BMW cars have remained high despite the typical monsoon downturn in auto sales as the German automaker has specialised some of their products to fit the conditions in Myanmar.“Before, some components could not function properly in Myanmar’s climate and road conditions, as they could be easily...
Suzuki Motor Corp will invest “several billion yen” to build a second auto plant in Myanmar in a bid to make quick inroads into the country’s booming auto market, a report said. Japan’s Nikkei business daily reported that the company has secured a 20-hectare plot at the Japanese-backed Thilawa special...
Japanese carmakers Suzuki and Toyota are bidding for parts and manufacturing facilities in the Thilawa Special Economic Zone (SEZ), according to Myanmar Investment Commission (MIC).Aung Naing Oo, director general of the Myanmar Investment Commission, said the two Japanese auto giants and France-based auto parts manufacturer Lafarge have all made...
Japanese automaker Suzuki’s Carry-branded minitrucks have seen a considerable rise in sales in recent months in Yangon amid increasing demand for cargo and passenger carrying vehicles in the commercial hub of the country, auto dealers say.“In February, Suzuki Carry was the best seller in the automobile market. The model...
Japanese automaker Suzuki Motor Corp donated 100 police motorcycles to the Myanmar government last week to help the country’s police force in maintaining law and order. The motorbikes will be used as security vehicles for ASEAN leaders who will attend the ASEAN summit next year, and to control law and...