Hong Kong 2016. Vehicles demand fell down 44%

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Hong Kong Autos Sales in the 2016 reported a huge fall of 44% hit by new rules and by the sharp deceleration of the economy. Following years of positive growth the market reported severe lost for all top players, while the new entrance Tesla landed in 4th.

As far as the local new vehicles market, according to data released by the Hong Kong Department of Transportations (HKDT), the 2016 was really negative with annual sales fell 44.2% at 31.066 units.

During the 2016 the market leader was Toyota with 6.542 sales  (-51.4%) and 21.1% of market share.

Mercedes was second with 4.938 units (-26.7%) followed by BMW with 3.003 (-50.5%), Tesla with 2.807, Honda with 1.695 (-49.2%), Audi with 1.539 (-40.0%) and Volkswagen with 1.302 (-53.5%).

To see the statistic related to the best-selling models with the top 100, see here

Rank 2016Rank 2015BrandSales 2016Sales 2015Variation 2016Share 2016Share 2015
11Toyota6.54213466-51,4%21,1%24,2%
22Mercedes4.9386741-26,7%15,9%12,1%
33BMW3.0036061-50,5%9,7%10,9%
441Tesla2.8079,0%
55Honda1.6953337-49,2%5,5%6,0%
67Audi1.5392564-40,0%5,0%4,6%
76Volkswagen1.3022802-53,5%4,2%5,0%
810Porsche1.0571336-20,9%3,4%2,4%
99Hino9861664-40,7%3,2%3,0%
1011Lexus8291308-36,6%2,7%2,3%
1113Mazda6121104-44,6%2,0%2,0%
128Nissan5472237-75,5%1,8%4,0%
1315Kia537840-36,1%1,7%1,5%
1414Ford509854-40,4%1,6%1,5%
1520Mitsubishi Fuso485533-9,0%1,6%1,0%
1616Land Rover451701-35,7%1,5%1,3%
1717Scania409628-34,9%1,3%1,1%
1819Mini407589-30,9%1,3%1,1%
1918Volvo375621-39,6%1,2%1,1%
2025Suzuki34124240,9%1,1%0,4%
2112Hyundai2721171-76,8%0,9%2,1%
2222Subaru251314-20,1%0,8%0,6%
2333Jaguar18375144,0%0,6%0,1%
2423Maserati131296-55,7%0,4%0,5%
2528Infiniti107134-20,1%0,3%0,2%
2632Bentley92893,4%0,3%0,2%
2741SsangYong85
2830Fiat83100
2931Ferrari8194
3026Mitsubishi56173
3141Renault53
3136Lamborghini5347
3234Smart3963
3235Alfa Romeo3954
3339McLaren3724
3441Citroen32
3537Rolls-Royce2633
3629Dongtai24120
3727Jeep21142
3838Aston Martin1430
3941Daewoo Bus7
4041Maxus5
4141BYD2
4141Daihatsu2