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 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 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.