Recently Released Market Study: Hong Kong Autos Report Q1 2013
We estimate automotive sales growth picked up in 2012, with sales growing by 2.14% to 36,391. This stands in positive contrast to 2011, which had disappointing growth of only 0.36%. Nevertheless, these slow growth figures should not cause too much concern. Hong Kong's automotive market is mature and saturated even by global standards. The local government actively tries to limit car ownership in what is one of the world's most densely populated areas. The overwhelmingly dominant part of Hong Kong's...
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