Locally produced vehicles mainly built to be traded in: MPs

The global automobile titans that are increasingly setting up Yangon showrooms are said to be quietly confident – Myanmar’s car industry is threatening no one, except possibly the people who drive the cars it produces. At least, that was the impression that MPs were left with on July 13 after the debate on the shenanigans […]

Myanmar clunkers ‘scrapped’ to make room for new cars

Automakers are seeking pole position in possibly one of the world’s fastest growing markets for new and used cars. YANGON — Mr Mike Shwe Hlaing has a lot full of used SUVs and a potentially huge market to sell them to if Myanmar manages to spread some of the affluence blooming in its biggest city […]