Israel Auto Industry fast starts the 2016 with record volume.

Israel Auto Industry

Israel Auto Industry fast starts the 2016 with record volume. Following the best ever performance scored in the 2015, the 2016 kept the pace thanks to strong consumer’s demand. Nissan and Citroen over doubled sales.

Economic Environment

Israeli’s economy recovered strength in the second half of 2015 and GDP expanded at the fastest rate in a year in Q4. The economy benefited from strong domestic demand, in particular from a double-digit expansion in public spending as the government front loaded some of the spending for 2016.

Despite escalating violence in the country, private consumption benefited from a tight labor market and ultra-low interest rates. Conversely, the external sector was a drag on growth as imports jumped in Q4. A

long side recent measures to cut transportation fees and a reduction in the VAT, the 14.5% cut in water tariffs that the Parliament approved earlier this year will benefit private consumption and help stimulate growth.

Market Outlook

According to data released by the Israeli Department of Transportation System, following the all time record hit in the 2015, the new year started in the best possible way and both January and February sales reported robust increase with January up 8.5% with 36.481 units and February up 17.1% with 25.589 units, the best February ever for this market.

Year to date sales had been 62.070, up 11.9% already creating the base for hitting the annual record again.

The performance of Korean was really astonishing with February sales up 40.3% for the market leader, Hyundai, and up 48.9% for the second, Kia. Together they sold 7.326 vehicle in the month with 28.6% of market share, digging a large gap over the rival Toyota, third with 2.855 units, up only 1.7% from the previous year.

However, February data were fueled by others brands fast growth with Citroen and Nissan over doubling last year score.

Wishing to see the best-selling car models ranking with the Top 100 data, see the dedicated report

Research, Consulting, Data & Forecast Store

F2M covers intensively this market with several products developed to help any investigation required.

Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.

Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.

All these and more within our Israel Store

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank FebRank 2016BrandSales FebSales 2016Feb VarShare FebShare 2016
11Hyundai3.6978.71540,3%14,4%14,0%
22Kia3.6297.36748,9%14,2%11,9%
33Toyota2.8556.8641,7%11,2%11,1%
44Skoda1.7144.82832,0%6,7%7,8%
56Mitsubishi1.4713.511-12,9%5,7%5,7%
65Mazda1.4684.513-34,1%5,7%7,3%
79Citroen1.1912.015127,3%4,7%3,2%
87Nissan1.1002.367129,6%4,3%3,8%
910Volkswagen8631.74249,6%3,4%2,8%
1012Subaru7501.650-0,5%2,9%2,7%
1113Suzuki7281.591-40,1%2,8%2,6%
1217Peugeot6881.23679,2%2,7%2,0%
138Seat6492.219-18,5%2,5%3,6%
1411Renault5711.7123,8%2,2%2,8%
1514Opel5501.5497,8%2,1%2,5%
1619Chevrolet5001.006-18,6%2,0%1,6%
1715Honda4871.4273,6%1,9%2,3%
1820Fiat47787252,9%1,9%1,4%
1916Audi3301.40161,8%1,3%2,3%
2023Dacia29263938,4%1,1%1,0%
2122Ford28175089,9%1,1%1,2%
2221BMW2378442,6%0,9%1,4%
2318Mercedes2271.13318,8%0,9%1,8%
2424Isuzu17744640,5%0,7%0,7%
2525Lexus15137184,1%0,6%0,6%
2626Volvo11131940,5%0,4%0,5%
2727Jeep9019740,6%0,4%0,3%
2830Alfa Romeo5211610,6%0,2%0,2%
2929SsangYong48119220,0%0,2%0,2%
3032Cadillac4710846,9%0,2%0,2%
3131Infiniti4511528,6%0,2%0,2%
3228Mini38140-15,6%0,1%0,2%
3333Land Rover3249357,1%0,1%0,1%
3435MG922-62,5%0,0%0,0%
3535Chrysler822-11,1%0,0%0,0%
3537Abarth81714,3%0,0%0,0%
3534Smart8340,0%0,1%
3636Jaguar5210,0%0,0%0,0%
3738Maserati3120,0%0,0%0,0%
3841Ferrari110,0%0,0%
3840Dodge120,0%0,0%
Rank FebRank 2016BrandSales FebSales 2016Feb VarShare FebShare 2016
11Hyundai-Kia7.32616.08244,4%28,6%25,9%
22Volkswagen3.55610.19823,6%13,9%16,4%
33Toyota3.0067.2354,0%11,7%11,7%
44Renault-Nissan2.0084.83357,5%7,8%7,8%
57PSA1.8793.251106,9%7,3%5,2%
66Mitsubishi1.4713.511-12,9%5,7%5,7%
75Mazda1.4684.513-34,1%5,7%7,3%
88General Motors1.0972.663-5,1%4,3%4,3%
99Fuji Heavy Industries7501.650-0,5%2,9%2,7%
1010Suzuki7281.591-40,1%2,8%2,6%

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