Data from Yangon’s car market shows rising prices and slow sales, with buyers focusing on durability and quality over car type. Korean Kia and Japanese models dominate, while Chinese cars are absent, according to veteran broker Ko Kyaw Hein. Gasoline cars sell better than electric vehicles (EVs), which are still limited due to high maintenance costs and a shortage of replacement parts.Although new EV models are entering the market, the demand is weak. Buyers are advised to carefully check documents and verify authenticity, as damaged or faulty vehicles are often sold. Market activity continues at a cautious pace amid high prices.
Source: The Global New Light of Myanmar