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 Autos Market Report 2010-2025

Laos Automotive Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.

Lao vehicles sales

Laos 2018. Sales down again but 2019-2025 Outlook shines

Lao vehicles sales were negative again in the 2018 as in the previous three years, mainly due to the fall of HCVs and the over 50% sales lost by the local producer, Daeham. Toyota dominates with over 40% of market share. The 2019-2025 outlook is positive.

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%.

Laos 2023. Hit By Currency Depreciation Auto Market Gained Moderately (+2.3%)

Lao Vehicle Market kept growing in 2023. While at a moderate speed, the market continued the positive pathway. Sales were 22.320 (+2.3%), the best performance in 8 years. Although losing sales Toyota is still market leader.

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.