Car sales rained out

Car sales rained out

By Aye Nyein Win   |   Monday, 29 July 2013

Monsoon rains drowned out possible car sales at a July 20-23 show at Tatmadaw Hall in Yangon.

The show was intended to allow car showrooms to offer discounts in the hope of making quick sales after several lean months.

"This is the fourth car show we've participated in," said Ko Zar Ni, managing director of Afreen Auto Service. "But because of the weather we were only able to sell four cars. Normally we can put lots of cars in the hall's compound but that wasn't possible this time because of the rains, and not many buyers turned up either."

Other car traders said constant changes to import policies, fluctuating exchange rates and ever worsening traffic are reducing demand.

Ko Win Ko, from Win Ko Services Co, said he had expected sales at the show to be limited.

"We did not sell as many cars as we have in previous events, in part because not many customers came," he said. "It rained for most of the four days, but I only participated in this event to advertise my company and did not expect to make many sales."

Ma Shwe Sin Win, director of event organiser Smart Business Group, said participating in shows is good for business even if showroom owners do not sell vehicles.

"Even if people don't buy on the spot, if they see a car they like they often approach the centre later, so it's good advertising for the companies that take part," she said.

Source: http://www.news.myanmaronlinecentre.com/2013/08/03/car-sales-rained-out/