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Myanmar auto portal on fast track amid surging demand

THOUGH the lack of stable automobile policies in Myanmar is holding back the potential for an auto boom, CarsDB.com, the nation’s largest automobile marketplace, is confident it will be able to maintain its annual two-fold growth in revenue, according to Wai Phyo Kyaw, co-founder and chief operating officer of the company. “Since the past three […]

Suzuki launches new Swift, targets younger buyers

Suzuki Myanmar Motor Company yesterday launched its latest generation Suzuki Swift in the country. The new Suzuki Swift is the Japanese car maker’s global flagship compact car and the third generation of the model which was assembled locally under the semi-knocked-down system. Since 1998, Suzuki has operated a factory in South Dagon township, Yangon. Earlier […]

Toyota sees rising demand despite inability to issue Yangon license

Toyota Motors is seeing demand rise for its imported automobiles despite the inability to issue Yangon license plates allowing car owners to legally park in the notoriously congested city. The Japanese car maker yesterday launched the new Toyota Rush in Myanmar, where it hopes to sell up to 80 new units of the Rush within […]

Irish building up a head of steam in Myanmar

When Kieran Rabbitt stepped off a plane and into the heavy Yangon heat four years ago, little did he think he’d still be in Myanmar today, at the cutting edge of the country’s digital revolution. From offices in downtown Yangon, the Athenry native – along with Karim Ainsworth from Belfast – runs Cube Digital. The […]

New vehicle import policy disruptive to Toyota’s Myanmar strategy

Sales of Toyota cars are expected to trail behind that of other car makers in Myanmar as a result of the government’s latest vehicle import policy, a spokesperson for Toyota Motor Corporation said. Under the new policy, which was announced and made effective last month, all new imported cars must now be left-hand-drive in accordance […]

Japanese cars enjoy an afterlife in Myanmar, but not for much longer

THE Japanese make cars that last but replace them relatively quickly. The average car in Japan is three years younger than in America. This combination of durable manufacturing and dutiful consumption of a prized national product works out well for the rest of the world; many countries import older Japanese cars in bulk. Secondhand vehicles […]

How the new vehicle import policy could disrupt the car market

On October 16, the Supervisory Committee for Motor Vehicles Importing officially released a set of new rules stating that only left-hand-drive vehicles can be imported into Myanmar from 2018 onwards. Those rules have since ignited much criticism from car traders and other stakeholders who foresee the new import policy as having a disruptive impact on […]

Ford to Locally Distribute New, Cheaper Cars With Yangon License Plates

Ford’s new assembly plant in Yangon, officially launched on July 21, will enable the US car maker to sell two new models at lower prices. As they will be assembled and distributed locally, customers will be able to obtain Yangon license plates for the cars. Located at the East Dagon Industrial Zone, the new Ford […]

Dealers Face Shortages of Toyota Alphards, Myanmar’s Most Popular Used-Car

The Toyota Alphard has become the highest selling used-car in Myanmar say industry experts, with the Japanese made car selling so well in fact, car dealers are struggling to keep up with demand. Even though dozens of car manufacturers from North America and Eu­rope have opened up dealerships in Myanmar in recent years, Toyota is […]

Myanmar auto industry shifts from used to new in shake-up

Myanmar, long known as a used-car paradise, is undergoing a drastic change in its automobile industry as the government tries to cultivate production by restricting secondhand imports. Sakura Trade Center, the Southeast Asian nation’s biggest auto importer, opened a Suzuki showroom Saturday in central Yangon. The dealership is Sakura’s first for new vehicles, as the […]