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Hong Kong (China) January 2020: Market down -33.2% on initial coronavirus impact

New light vehicle sales in Hong Kong drop -33.2% year-on-year in January to 2.323 registrations on both the Lunar New Year Holiday pulled forward vs. last year and the start of the coronavirus lockdown impact. Toyota (-37.1%) falls even faster than the market but comfortably remains atop the brands charts with 29.1% share, distancing Mercedes (-27%), BMW (-18%) and Honda (-35.8%) all above 10% share. The Top 4 indeed accounts for a mammoth 70.7% of Hong Kong sales in January. Audi (+2.9%) is the only carmaker in positive in the entire market this month, with Tesla down 3 spots on December to #5 with just under 2% of the market.

Previous post: Hong Kong (China) Full Year 2019: Toyota cements lead, Tesla up to #6 in market down -9.5%

One year ago: Hong Kong (China) January-February 2019: Toyota sovereign in market up 12.9%

Full January 2020 Top 37 All-brands ranking below.

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