THE PRESENT SCENARIO AND THE PROSPECT OF AUTOMOBILES IN BANGLADESH

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THE PRESENT SCENARIO AND THE PROSPECT OF

AUTOMOBILES IN BANGLADESH

Different brands of vehicles running in Bangladesh:

§ Heavy Bus: Hino, Isuzu, Mitsubishi, Volvo Tata, Ashok Leyland etc.

§ Mini Bus: Isuzu, Hino, Swaraj- Mazda, Mitsubishi, Tata, etc.

§ Microbus: Nissan, Mitsubishi, Toyota, Honda, Suzuki, etc.

§ Heavy Truck: Tata, Bed Ford, Isuzu, Hindustan, Ashok Leyland

§ Mini Truck: Hino, Tata, Mitsubishi, Isuzu, Toyota, etc.

§ Motor Car: Toyota, Mitsubishi, Nissan, Honda, Suzuki / Maruti, Proton Saga, Dewoo, KIA, Mercedes Benz, Volvo, BMW, Hyundai, Ford, etc.

§ SUV: Toyota, Mitsubishi, Nissan, Honda, Isuzu, Land Rover, Daihatsu, Suzuki, etc.

NUMBER OF YEAR WISE REGISTERED MOTOR VEHICLES IN BANGLADESH;

No.Type of VehiclesBefore 1995199519961997199819992000200120022003Total
1Motor Car513128714124788354587649864087658767578588117739
2Jeep/St. WagonMicrobus/Pickup2746024512408145927052269151730683782590253021
3Taxi19082859141032165807712233434810260
4Bus2751021414999286267337594740123031426
5Minibus24007108579586660247940412182314432936099
6Truck2791937873164128227332018272525752377314751727
7Auto-ricshawAuto Tempo35586149531198465464403214031353975479746992092
8Motor-Cycle163699113891397712080145251651114614244092904741060341311
9Container Carrier /Covered Van587213831443158312482617136528912148403324583
Total365273440044645732283324813150328764425105487780106758258

Bangladesh Automobile Prospect;

  • Demand increasing every year by 30%
  • Metal road improvement remarkable
  • Expansion of metal road every year
  • Special attraction for Japan made vehicles
  • Upper middle class increasing every year
  • Rickshaw being withdrawn gradually
  • Small car/sports vehicle getting popularity
  • Rent-a-car getting popularity
  • Reduction of tax on the new motor vehicles
  • Govt. initiative to float 10,000 commercial vehicles
  • Expanded and increased volume of export and import

Projected demand of Automobile in Bangladesh;

Vehicle2003-042004-052005-062006-07
Bus/Minibus34,08435,78837,57739,455
Microbus22,13324,78927,76331,094
Trucks57,21560,64764,28568,142
Jeep11,42011,64811,88012,117
Car86,74094,546103,055112,329
Taxi Cab2,7242,8873,0603,243

Source: UNCTD & WTO Report

Why Japanese Vehicle?

  • Proved suitable for Bangladesh weather
  • External & internal outfit excellent
  • Price reasonable comparing service & durability
  • Spare part’s easy availability attracts customers
  • After sale service satisfactory
  • Established long time brand popularity
  • Market more prospective for Japanese vehicle
  • Vehicle demand increasing every year

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