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 […]
More buyers expected to opt for new left-hand-drive cars
November 30, 2017 by
Since the government’s new car import policy permitting only imports of left-hand-drive vehicles into Myanmar from 2018, speculation over the value of existing right-hand-drive cars in the country has risen, prompting rumours of higher prices for such vehicles. While prices have indeed risen, car dealers said consumers ultimately base their purchasing decisions on the car […]
Japanese cars enjoy an afterlife in Myanmar, but not for much longer
November 11, 2017 by
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
October 27, 2017 by
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 […]
Car import permits down 60pc in 2017-18
September 14, 2017 by
Applications for the import of passenger vehicle is down by more than 5,000 so far this fiscal year compared to the same period in the previous fiscal year, said U Aung Htoo, deputy minister for Ministry of Commerce. The government has been trying to limit the import of cars to control traffic congestion in the […]
Suzuki to make and sell high-end cars in Thilawa
November 10, 2016 by
Suzuki will manufacture highend cars next year at an auto manufacturing factory in Thilawa Special Economic Zone (SEZ), said Mr. Takayuki SuJiyama, Managing Director of Suzuki (Myanmar) Motor Co. Suzuki has already firmly established itself in the Myanmar automobile market and now plans to fulfill the need for all types of cars, Mr. SuJiyama said. […]
