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Myanmar car market sees price increases amid rising demand

YANGON: Car prices in Myanmar have increased by 10 to 20 per cent amid rising demand in the domestic automobile market, the state-owned daily The Global New Light of Myanmar reported Monday (Sept 28).

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缅甸汽车市场需求上升,价格上涨

FILE PHOTO: The showroom of the Suzuki auto plant in Myanmar in 2022. - Suzuki Motor via Eleven Media/ANN

YANGON: Car prices in Myanmar have increased by 10 to 20 per cent amid rising demand in the domestic automobile market, the state-owned daily The Global New Light of Myanmar reported Monday (Sept 28).

Citing the Myanmar Automobile Manufacturer and Distributor Association, the report said demand has slightly outpaced supply, contributing to the price increases.

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