December 13, 2017

Volkswagen looks to increase its presence in Myanmar, set assembling soon

Workers assemble a Volkswagen Golf Plus in the production line in Wolfsburg, Germany.
Workers assemble a Volkswagen Golf Plus in the production line in Wolfsburg, Germany.

VOLKSWAGEN cars will be manufactured in Myanmar if their presence in Myanmar increases, said Melvyn Pun, CEO of Yoma German Motors, yesterday.
“We will begin importing parts and assembling them in Myanmar first, said the CEO, adding that a plant will be built here following an increase in the number of customers.
He announced his plan after a signing ceremony between Yoma German Motors and Volkswagen at Novotel Hotel in Yangon yesterday.
According to the agreement, Yoma German Motors will become a sole distributor in Myanmar for the German car manufacturer, importing passenger brands, luxury models and spare parts.
A Volkswagen 3S Facility is set to be launched soon in Yangon, said Michael Rudenmark of Yoma Strategic Holdings Ltd, adding that a service centre will also be opened in Mandalay, where there are many Volkswagen owners.
“Though it is a safe car, its fuel consumption rate is high,” said car dealer U Aung Naing.

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