Myanmar steers auto market toward new cars

YANGON – Myanmar is signaling a turn toward new cars as incentives and regulations promote a shift in an automobile market known for low annual sales numbers and roads overwhelmingly populated by used imports from Japan. Car of the Year Local auto magazine Drive will issue the first Myanmar Car of the Year awards Saturday. […]

Only left-hand drive vehicles permitted to import in 2017

Only left-hand drive vehicles will be permitted to be imported to Myanmar next year, according to an announcement released by the Commerce Ministry on Wednesday. According to the model year limit of imported cars for 2017, cars made between 2011 and 2014 are allowed for import for replacing old and scrapped cars under a consignment […]

‘Car Import Policy Has Changed About 10 Times’

Import restrictions under the previous military government ensured car prices in Myanmar were among the highest in the world. Now, under the current quasi-civilian government which took power in 2011, restrictions have eased and car prices have fallen dramatically. Legislation has, however, often been less than clear, as car import policies have been frequently changed. […]