Laos car market

Laos 2020. Toyota and Hyundai lose share in a market down 20.9%

Laos auto market in 2020 falls by 20.9% as the pandemic,  lockdowns, and fall in tourism affect sales. Full-Year sales have been 16.666, while the leaders Toyota and Hyundai plummet by 33.2% and 42.8% respectively.

Laos 2015. Market accelerates driven by commercial vehicles

Laos Vehicles Market in 2015 took off driven by demand for commercial vehicles. The new brand Daehan was the best seller thanks to a local made low-cost line-up specialized in CVs. Toyota Hilux was the best model.

Laos 2016. Market at record again although the harsh second half

Laos Auto Market 2016 hit again a new all time record despite the slowdown reported in the second half of the year. Launching the first pickup of its history, local maker Daeham led the market, ahead of Toyota.

Laos Car Market

Laos 2014. Vehicles market is booming

Laos Car Market boomed in the 2014 thanks to the new limits and duties at the pre-owned vehicles import. In the second half of the year, grey market collapsed focusing demand on ne vehicles. Toyota and Hyundai fight for leadership.

Laos 2022. Auto Market Jumped Up (+29.8%) At Pre-Covid Level

Laos Auto Sales  boomed in 2022. Fueled by a strong consumer demand, the industry jumped up 29.8% recovering the pre-covid level and scoring the third highest level ever.
Laos car market

Laos 2021. Leader Toyota Surpasses 50% Share In Market Up In Double-digits

Laos Cars Industry in 2021 rises by 25.5% with 20,910 sales, reporting a very strong performance all year, except for Q3 when sales remained flat. Leader Toyota surpasses 50% market share this year, rising by 51.1%.