Recently Released Market Study: Hong Kong Autos Report Q4 2012
Following relatively flat growth in vehicle sales of 0.36% in 2011, BMI expects a slightly higher level of growth for the sector in 2012 at around 2.1%. The lack of vehicle production in Hong Kong means that the market's potential for expansion is limited. Nonetheless, the parts sector remains buoyant, as sales of automotive components were up 5.9% y-o-y in July 2012 as a result of rising demand.
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