Myanmar Vehicles Industry in the 2019 the market pushed the break and will lose few thousand units, declining below the 15.000 units. Indeed, in the first ten months of the year, light vehicles sales have been 13.966, down 14.5%. Suzuki is the king with share over 50%
Myanmar Vehicles Industry dramatically changed in the 2018, with volumes increased 71.6%, hitting an all-time record with 11.882 units sold. The introduction of several restrictions on right-hand-drive imports and the opening of a new Ford plant has boosted demand.
Myanmar Auto Sales 2016 at the new all time record again albeit disappointing steps in economic activity and delay on investment regulations. Suzuki celebrates the start of local plant jumping in second place.
Myanmar Vehicles Market in 2015 jumped up sustained by a strong economic growth. The market is mainly driven by demand for commercial vehicles and Toyota plays the rule of market leader.
Myanmar auto market boomed over 52% in the first half 2015 fueled by roaring economy. The market is still in the infancy and this record is just one of the many expected for the next years.