New car deliveries down slightly in January

New vehicles Photo: Shutterstock ASAP Creative

38,475 new vehicles were delivered in Israel in January 2019, 1.4% less than in January 2018.

38,475 new vehicles were delivered in Israel in January 2019, 1.4% less than in January 2018.

January is usually a strong month for car deliveries, because many private customers and institutions wait for a new year to buy. Sources in the sector believe that natural demand was weak this year, but was offset by strong demand in anticipation of price increases for many caused by revision of the environmental tax.

The leader in auto deliveries in January was Hyundai with 6,921, 9.9% more than in January 2018. In second place was KIA Motors with 4,997 deliveries, up 14.4%, compared with January 2018, followed by Toyota in third place with 3,647, up 13.6% from last year. Fourth place was taken by Skoda with 3,461 deliveries, 27.9% more than in January 2018, and Mitsubishi was in fifth place with 2,445 deliveries, a 10.9% increase, compared with January 2018.

Published by Globes, Israel business news - en.globes.co.il - on February 7, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

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New vehicles Photo: Shutterstock ASAP Creative
New vehicles Photo: Shutterstock ASAP Creative
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