Volvo builds foundations for growth in Myanmar

As Myanmar’s economy opens up, international car brands are increasingly looking to the country’s potential as a promising market. Among the brands leading the way is the famous brand Volvo. Volvo entered the Myanmar market in February 2017 and signed up Performance Auto International Co Ltd (Volvo Myanmar) as the importer and distributor of the […]

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 […]

Delay in new automotive policy for Yangon alarms business groups

Two major business groups penned a letter to the commerce and transport ministries to complain about the delay in implementing the new vehicle registration system in Yangon. Vehicle distributors and dealers have been waiting for two years for a new policy. The new system was originally expected to be in place by the beginning of […]