Skip to content
Automotive

Volvo cars plans showroom in Yangon

By Minjun Park
1 min read
volvo
volvo
In this article (5)

Volvo Car Group has appointed RedPlus Auto Co ltd as importer and distributor of Volvo’s cars in Myanmar. RedPlus Auto is a joint venture between UMG Co Ltd – a local company involved in sectors of real estate property, IT and entertainment – and Wai Family Gems Co Ltd.

RedPlus will be responsible for importing, distribution, sales, marketing, PR and after sales services for Volvo cars in the country.

“Our new products, the XC90 and S90, which have just been launched, add a distinct modern luxury experience to our brand offer that will be very well appreciated in Myanmar,” said Jari Kohonen, vice president of Volvo Cars, Asia Pacific.

The development of Volvo Center, a new one-stop facility is planned to complete by September 2016 covering about 22,000 square feet in Yangon with an investment of $1.8 million.

“We are thrilled to have the opportunity to represent the Volvo brand in Myanmar and are certain that our depth of experience combined with the passion for this brand will stand us in good stead in this partnership,” said Daw Mar Lar Win, managing director of RedPlus Auto Co Ltd.

The Volvo Centre will be equipped with a five car showroom, a fitting lounge, customer longue and be built to the Volvo Car group’s new retail guidelines.

Questions & Answers

Q.

What entity has Volvo Car Group appointed to manage its operations in Myanmar?

A.

Volvo Car Group has appointed RedPlus Auto Co Ltd as the importer and distributor for Volvo cars in Myanmar. This joint venture will handle importing, distribution, sales, marketing, PR, and after-sales services.

Q.

What is the expected opening date for the new Volvo Centre in Yangon?

A.

The new one-stop Volvo Centre facility in Yangon is planned to be completed by September 2016. It will cover approximately 22,000 square feet and house a five-car showroom.

Q.

What is the planned investment for the new Volvo Centre in Yangon?

A.

The investment for the development of the new Volvo Centre in Yangon is $1.8 million. This facility will be built to Volvo Car Group's new retail guidelines and include a fitting lounge.

Reader pulse

Is this a smart market entry for Volvo?

24,306 votes so far

Weekly Briefing

Asia's retail intelligence, in your inbox

Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.

  • Top industry moves and market shifts
  • Weekly data-driven analysis from across Asia
  • Tuesday, Thursday and the Saturday Weekly Wrap

Read by retail operators, investors and brand teams across Asia.

Protected by a quick human check. No spam, ever. Unsubscribe in one click.

SecureGDPR ready