Ford opens showroom in the second city

Ford vehicles are now on sale in Mandalay, as the automaker has opened a showroom and service centre in the country’s second-largest city, according to a press statement yesterday. The Dearborn, United States-based automaker opened its first Myanmar showroom in Yangon two years ago, partnering with Capital Automotive, a part of local conglomerate Capital Diamond […]

Jaguar aims for bite of growing premium market

BRAND-NEW Jaguars and Land Rovers will soon hit Myanmar’s streets, as the British automaker last week launched its first showroom and service centre in Yangon with its local dealer Capital Automotive Ltd, demonstrating confidence in Myanmar as a market for premium brands. Khin Tun, managing director of Capital Automotive, told Myanmar Eleven that it had […]

Ford launches as govt revamps import rules

Industry observers said they welcomed the notice, which was obtained by The Myanmar Times last week, from the ministry’s Directorate of Trade outlining parameters for distributors to sell new cars in Myanmar though some added it is at most a first step and further clarification is required. Ford became one of the first among other […]

Nissan and Mercedes race to enter the Myanmar market

Competition among global automakers to establish their brands in Myanmar is intensifying with Nissan and Mercedes joining the race to take advantage of the market’s long-term growth prospects. Although used cars currently comprise up to 99 percent of annual domestic sales, industry insiders say automakers are staking out territory with an eye to future market […]