The
Israeli car market dropped sharply in September with deliveries of 10,657 new
cars and light commercial vehicles. That is a decrease of 27% from the month
before and 30% off September 2000.
The good news is that September was a big holiday month in Israel, so the figures
are not quite as bad as they look. The bad news is that the figures are still
bad and things are not going to get better in the coming months.
Go deeper with GlobalData
Volkswagen was the leading brand with 1,242 units ahead of Mazda with 1,176
units. Third place went to Renault with 985 units. Ford suffered a huge drop
with just 437 units and 8th place. The poor results of Mazda and Ford show the
weakness of the fleet sector.
During
the first 9 months of the year deliveries of new cars sank by a relatively modest
5.5% to 124,288 units.
September was especially slow in the truck market with only 309 new trucks
on the road. In the last few months the delivery pace trucks has been slowing
down although for the 9 months of the year the market grew by 3%.
Volvo is the leading Brand in the heavy trucks segment with 40% market share
and Daf is the the most popular brand in medium size trucks.
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By GlobalData
Ya’acov Zalel
AutoNews.co.il
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