YANGON -- Myanmar's restrictions on imported vehicles are pressing foreign automakers to switch to local production, adding pressure to a crowded field in Southeast Asia's last promising growth market.
Business trends
Hyundai joins fray in Myanmar's crowded auto market
Nissan, Suzuki, Kia and Ford turn to local production to avoid import limits
A Feb. 8 launch party in Yangon marked the beginning of Hyundai's local production in Myanmar. (Photo by Yuichi Nitta)
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