It's been a while since Hong Kong has graced these blog pages. My first attempt included used imports which have now been weeded out. That reduced the total by 6,000 and hit mainly Japanese brands as they drive on the same side of the road and is presumably the source of most used imports. So let's see how things went in 2024.
First up, some background. HK doesn't limit car ownership like Singapore, with its certificate system that caps the number of cars on the road. Instead, high registration taxes, parking fees and tolls are used to discourage both car ownership and their use. This is backed up with a quality public transportation system that offers an affordable alternative.
As for vehicle type, electric cars have become very popular. This has given Chinese brand sales real impetus, as we can see below. Tesla is on top despite sales volume remaining the same. Holding a over 20% share is impressive but with so many electric brands arriving, surely that is an untenable level of success.
Premium marques certainly didn't have a good year. Maxus has seemingly come out of nowhere and smart (picture above) came from years of obscurity to a top ten position with its new electric car range. Brands that sell fossil fuel cars will increasingly be marginalised.
Data source: HK Transport Department.
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