Industry asks for lower duties for Myanmar-assembled cars
Auto industry representatives have asked Yangon’s chief minister to lower import duties on unassembled cars. The request comes as domestic and foreign car makers look to boost production in Myanmar. During a meeting with Yangon Region Chief MinCar sales up 25% in 2019
According to the latest report released by the ASEAN Automotive Federation (AAF), the sales of motor vehicles in Myanmar jumped 25.4% from January to November 2019 compared to 1 year prior (15,365 to 19,274). Though at a very low level in terms of vo
Yangon to bring back paid parking
Yangon ended fees for car parking in 2014, but the Yangon City Development Committee (YCDC) will soon bring them back. YCDC announced a plan to build “smart car parks” around the city that will offer paid parking. The new car parks will c
Myanmar auto industry revs up
Myanmar automotive factories are upping their output in response to higher demand, according to an industry analysis by the Myanmar Times. Production has increased from both Japanese and Chinese brands, taking advantage of growing local demand, im
