automakers

Chinese automakers move into Myanmar to battle Japanese rivals

April 29, 2020 by Thiha

YANGON — Chinese automakers are ramping up local production in Myanmar as they go head to head with dominant and entrenched Japanese rivals in the fast-growing market. There was a fivefold increase in the number of new cars sold in Myanmar in the three years to 2019, when sales hit 21,916, according to data from […]

Filed Under: Latest News Tagged With: automakers, Chinese, GAC, Myanmar, vehicles

Southeast Asia seeks ways to protect car industry

November 5, 2018 by Thiha

Several Southeast Asian countries are finding ways to protect their emerging car industries from imports, after eliminating auto duties by the end of last year. Indonesia, Vietnam and Thailand have introduced measures either to hinder imports or benefit local production, while Malaysia is looking at possible curbs on foreign car sales. The new trend is […]

Filed Under: Latest News Tagged With: asean, automakers, development, economies, engine, Exports, foreign cars, Hanoi, import, Indonesia, japanese, Malaysia, Malaysian Prime Minister, minivans, nontariff barriers, pickup trucks, research, robbing, rupiah, sedans, small cars, Southeast Asia, Southeast Asian, tax incentives, Thailand, Toyota, Trade Deficit, Vietnam

Nissan and Mercedes race to enter the Myanmar market

August 9, 2013 by thiha

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 […]