Sales Slow But Still On Track

December 2006 | BMI View

New vehicle sales in Hong Kong were down by 3.6% in the year to September at 25,142 units, although this is still on track to meet BMI's full-year forecast of 34,436 units as recorded in the recently published Hong Kong Automotives Report. A slowdown in sales growth has been widely anticipated given that 2004 represented a post-SARS sales boom, although Hong Kong continues to benefit from its position as an entry point for the booming Chinese market. The Closer Economic Partnership Agreement with China should ensure that trade between the two markets continues to flourish, particularly in the field of

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