Logo of Phnom Penh Post newspaper Phnom Penh Post - 3.2M cars, motorbikes registered

3.2M cars, motorbikes registered

3.2M cars, motorbikes registered

Poorly developed road infrastructure has proven no obstacle for Cambodia’s upwardly mobile population, who are buying cars and motorcycles in record numbers, new data shows.

The number of registered vehicles in Cambodia grew by 14 per cent last year, with more than 3.2 million vehicles now registered, including 2.7 million motorbikes, according to figures released yesterday by the Ministry of Public Works and Transport.

A local car distributor attributed its annual growth in sales to overall economic growth in Cambodia, which has caused people not only to buy more used vehicles, but new vehicles as well.

“The growing middle class has adopted the new lifestyle where they travel more than they did before and they purchase new vehicles to enjoy travel with their family, friends, and colleagues,” said Ngorn Saing, CEO at RMA Cambodia, which sells the Ford, Jaguar, and Land Rover car brands.

“In addition, Cambodia’s corporate sector and state institutions are moving toward new vehicles considerably.”

According to Saing, RMA’s car sales of its three brands combined increased 30 per cent year-on-year in 2015. The company expects its new car sales to increase even more this year despite competition from grey market dealers.

“It’s quite tough for us as we are an authorised dealer who fully plays by the rules of law, while the grey market benefits from loopholes in our tax system and customers’ limited knowledge on vehicles,” Saing said.

MOST VIEWED

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh