New car deliveries firm despite Gaza conflict

new cars
new cars

New car deliveries this year are up 13.6% to 173,810.

August car deliveries totaled 18,236, a relatively moderate 6.8% drop, compared with August 2013.

Initial expectations were of a much steeper fall, due to cancelations of order by car rental firms and the withdrawal of discounts. A total of 173,810 vehicles was delivered in January-August 2014, 13.6% more than in the corresponding period last year.

The leader in car deliveries was Hyundai with 23,320, 5.5% fewer than in the corresponding period in 2013. Delivery of Toyota cars leaped 37%, putting the company in second place with 19,632 deliveries, followed by Kia in third place with 18,631 deliveries, up 21%, compared with January-August 2013. Kia had the most car deliveries in August.

Mazda's deliveries shot up 66% to 13,189, putting it in fourth place, followed by Skoda with 10,280 deliveries, a 17% increase.

Published by Globes [online], Israel business news - www.globes-online.com - on September 2, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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