Tokyo, Oct 7, 2013 – (JCN Newswire) – Mitsubishi Motors Corporation (MMC) announced the commencement of sales of its vehicles in the Republic of the Union of Myanmar (Myanmar).
MMC established a service shop in Yangon in May 2013, and began after-sales service to used MMC-brand vehicles already in the market. MMC now enters the new car market in Myanmar through a local company with the support of Mitsubishi Corporation.
With the Myanmar government’s recent revision of taxes on pickup trucks and loosening of restrictions on imports, MMC will import the Thai-made L200 pickup truck. Moving forward, while expanding its new car lineup in parallel with successively establishing sales outlets and expanding after-sales network, MMC will cement its brand in Myanmar’s automobile market, where rapid growth is expected.
MMC made the concentration of business resources in emerging markets a major strategic pillar of its JUMP 2013 mid-term business plan which the company announced in January of 2011. MMC will work to strengthen its operations in the Myanmar market which holds promise of future growth.
About Mitsubishi Motors
Mitsubishi Motors Corporation (TSE: 7211) was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base.
Source: Press Release Mitsubishi