Hong Kong (China) May 2020: Mercedes up to #2, Audi, Hyundai, Kia surge in market down -20.4%

Audi sales surge 91.1% year-on-year in a market down -20.4%

The Hong Kong new light vehicle market drops -20.4% year-on-year in May to 2.840 units, leading to a H1 2020 tally down -22.6% to 12.270. Toyota (-40.5%) easily remains the most popular carmaker in the territory but doubles the market drop rate to 24.2% share. Mercedes (+12.1%) posts the only year-on-year gain in the Top 4 and climbs to #2 both in June with 13% share and YTD at 12.4%. The German premium marque topples Honda (-14.5%) down to #3 in both rankings. Below BMW (-13%) posting a solid hold, Audi (+91.9%), Hyundai (+71.1%), Kia (+46.9%) and Land Rover (+14%) all defy the depleted context and scores spectacular gains. Further down, Peugeot (+600%), Tesla (+600%), Citroen (+200%), Alfa Romeo (+100%), Mitsubishi (+62.5%), Rolls Royce (+25%) and Bentley (+20%) also impress.

Previous month: Hong Kong (China) April 2020: Toyota (-39.9%) tanks, Honda (-1.6%) resists in worsening market (-22.5%)

One year ago: Hong Kong (China) May 2019: Nissan (+92.4%), Porsche (+92.2%) defy market down -4.5%

Full May 2020 Top 45 All-brands ranking below.