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