Yoma Strategic establishes JV to distribute Mitsubishi automobiles in Myanmar

It will also operate Yangon’s first Mitsubishi showroom.

Yoma Strategic has strengthened its ties with the Japanese automobile giant with the creation of a new 50-50 joint venture (JV), MM Cars Myanmar Limited (MMCM).

According to a press release by Yoma Strategic, MMCM will serve as the official distributor of Mitsubishi Motors automobiles and will be responsible for the distribution (wholesale), retail sales, after-sales services, and maintenance services of motor vehicles and spare parts manufactured by Mitsubishi Motors Corporation.

Before the JV, Yoma Strategic said it had been operating the two Mitsubishi Motors After-Sales Service Centres that were set up in Yangon in May 2013, and in Mandalay in December 2013.

‘With its establishment, MMCM will operate the aforesaid After-Sales Service Centres and the first Mitsubishi Motors showroom in Yangon, which held its opening ceremony last evening,” the statement said.