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 […]
Volvo builds foundations for growth in Myanmar
October 30, 2018 by Thiha
Filed Under: Latest News Tagged With: Authorized Automobile Dealer Association, Chengdu, European cars, international car brands, Japan, luxury car, Myanmar, Performance Auto International Co Ltd, Swedish brand, UMG Co Ltd, Volvo, Volvo Car Myanmar, Volvo XC 40, Wai Family Co Ltd, XC 90, Yangon Vehicle Quota Certificate, YVQC
Toyota sees rising demand despite inability to issue Yangon license
July 3, 2018 by Thiha
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 […]
Filed Under: Latest News Tagged With: 5- star ASEAN NCAP, 7-seater Rush, Asia, car import policies, car showrooms, Certificate of Entitlement system, COE, COO, EBD, Electronic Brake-force Distribution, HAC, Hill- start Assist Control, Land Cruiser, Ministry of Commerce, Nissan, sales rate, Suzuki, Toyota, Toyota Avanza, Toyota Aye and Son Co, Toyota Motors, U Myo Myint Thein, Vehicle Stability Control, VSC, Yangon license, Yangon Vehicle Quota Certificate, YVQC
Delay in new automotive policy for Yangon alarms business groups
May 28, 2018 by Thiha
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 […]
Filed Under: Latest News Tagged With: AMCHAM, American Chamber of Commerce Myanmar, automotive committee, Carlo Chiozzi, commerce and transport ministries, Commerce Minister U Than Myint, Completely Built Up, EuroCham, EuroCham’s automotive advocacy group officer, European Chamber of Commerce in Myanmar, investments, left-hand drive cars, Ministry of Commerce, Motor Vehicles Importing, Nay Pyi Taw, sales, Supervisory Committee, Transport Minister U Thant Sin Maung, Yangon alarms business groups, Yangon buyers of CBU, Yangon City Development Committee, Yangon Vehicle Quota Certificate, YCDC, YVQC
