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