Having overtaken Mazda as the most popular car in Israel, Hyundai has consolidated its position as the country's best-selling brand. Hyundai delivered 13,129 cars in January-May 2011, 14.5% more than in the corresponding months of 2010, while Mazda delivered 11,454 cars - 15% fewer than in the corresponding period.
100,975 new vehicles were delivered in January-May, 22% more than in the corresponding months. The strong pace of deliveries continued in May, with 20,712 delivers, beating expectations.
Toyota is in third place, with 9,117 deliveries in January-May, up 15%. Chevrolet is in fourth place, with 6,455 deliveries, up 51%. Kia Motors rose to fifth place with 6,305 deliveries, up 105%. Volkswagen is in sixth place with 5,433 deliveries, up 44%.
Industry sources attribute the increase in deliveries to purchases by car leasing and rental companies, including for private leasing through aggressive marketing campaigns at large discounts. In addition, there is strong customer flow for new cars, especially for small and inexpensive cars.
Published by Globes [online], Israel business news - www.globes-online.com - on June 2, 2011
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