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Myanmar and Cambodia Recorded New Vehicle Sales Growth, while Laos Continued to Struggle
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This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the automotive market in Asia-Pacific's Cambodia, Laos, and Myanmar. It uses multi-level secondary as well as primary sources for data collation. Sources include country-level official associations/federations, government authorities, country subject experts, and third-party sources (international/regional organizations). Being the emerging markets in the region, the 3 markets are of particular interest to stakeholders in the automotive market. While Myanmar is still nascent in terms of automotive sales, Cambodia is a dynamic market and Laos is a small market that faces several challenges. This insight offers an analysis of the trends in the various segments and sub-segments in these countries, with a focus on Q3 2018. For each of the 3 markets, the study examines total industry volume, segment volume share, passenger vehicles' sub-segment volume share, passenger vehicles' market share by brand, commercial vehicles' sub-segment volume share, commercial vehicles' market share by brand, market participant activities, launch of new models, and key regulatory developments for the months of July, August, and September 2018.
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