Laos

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.

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.

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 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 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 Vehicles Market in the 2017 lost in double-digit. Following the too fast development of the last five years, the consumer demand declined and the domestic brand, Daeham, started struggling. Toyota is again market leader with share over 20%.