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Hong Kong (China) October 2019: Tesla ranks 5th, holds 7.3% share of market down -27.1%

Tesla ranks #5 brand in Hong Kong in October.

New car sales in Hong Kong dive -27.1% year-on-year to 2.893 units in October as social movements in the territory cramps dealership activity. The year-to-date tally is now down -8% to 31.907. Toyota (-24.5%) remains by far the most popular brand with 30.7% but alongside Mercedes (-26.8%), BMW (-22.2%) and Honda (-29.9%), drops quite significantly this month. Tesla (+5200%) is down 3 spots on September to 7.3% share as the Model 3 goes through deliveries of years-old orders. Suzuki (+88.9%) and Kia (+23.1%) posts market-defying gains in the remainder of the Top 10.

Previous month: Hong Kong (China) September 2019: Tesla up to #2 with 14.9% share as Model 3 lands

Previous year: Hong Kong (China) Full Year 2018: Toyota and Mercedes improve, Tesla shuts down in market down 7.3%

Full October 2019 Top 35 All-brands ranking below.

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