Israel auto sector celebrates the record first half.

Israel auto sector

Israel auto sector celebrates a new record first half with June up in double-digit. The three brands on the podium, Hyundai, Kia and Toyota gained the 36.8% of market share monopolizing the sales. Kia Sportage again the best-selling car.

Economic Environment

In the first quarter, Israel’s economy decelerated and expanded 2.5% over the previous quarter. The figure marked a significant slowdown from the 6.6% expansion recorded in the fourth quarter when the economy recovered from the Israel–Gaza conflict. Q1’s softer expansion came on the back of a deceleration in both domestic and external demand.

Data from the second quarter point to a further slowing of the economy. In April, the Bank of Israel Composite State of the Economy Index dropped to a nine-month low. In addition, in the same month, businesses were less confident and the consumer confidence index remained in negative territory.

In the political sphere, on 14 May, Israel’s parliament approved Prime Minister Benjamin Netanyahu’s new narrow majority. Netanyahu might try to lure other parties into his coalition in order to strengthen it, although in the meantime he may find it difficult to move forward with any controversial legislation.

Market Outlook

Israeli market is one of the more stable in the MENA area with a medium terms growing trend that allowed the advance into the Top 40 place worldwide, after the record volume hit in the 2014, the third in the the last five years.

This year the market started booming fueled by strong internal demand and the launch of several new models and the first quarter ended with a double-digit growth and was the best ever.

Second quarter was shy albeit recovery in June. Indeed, according to data released by the Israeli Department of Transportation System total new Light Passenger Vehicles sold in June have been 25.470, up 9.9%% from the correspondent month last year.

First half was the best ever with total sales at 143.921, up 5.2% from the 2014 record.

Competitive Arena

In June Hyundai was again market leader with 3.614 registrations (+10.5%) while Kia behind was at 3.282 (+15.5%) and the third, Toyota, at 2.429 (+3.4%). The three leaders combined share was 36.8%.

The fastest growing player was again Subaru (12th with 724 sales, +101.7%)followed by Peugeot (9th with 934, +84.2%) and Mitsubishi (4th with 2.277, +66.1%).

Remarkable fall for Mazda (7th with 1.331, -23.9%) and Honda (15th with 488, -23.6%)

As far as the groups performance, the dominator is the Hyundai Group that in June scored a share of 27.1% (down 2.9 points of share from the previous month), followed by Volkswagen Group with 13.0% and by Toyota with 10.1%.

The best-selling models ranking in may was led by the Kia Sportage was on top for the second consecutive month with 1.256 unit (+155.9%) followed by the Toyota Corolla with 1.240 units (+6.6%) and Kia Picanto with 1.022 (-15.3%).

Others fast growing models were the Subaru Impreza (11th with 432 units, +178.7%), the Hyundai ix35 (13th with 397, +111.2%) and the Toyota Verso (15th with 319, +138.1%).

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 JunRank H1BrandJun 2015H1 2015Var JunVar H1Share JunShare H1
11Hyundai3.61419.06110,5%2,6%14,2%13,2%
22Kia3.28217.82115,5%28,4%12,9%12,4%
33Toyota2.42916.1193,4%4,8%9,5%11,2%
45Mitsubishi2.2779.18466,1%27,3%8,9%6,4%
57Suzuki1.5907.80554,7%2,6%6,2%5,4%
66Skoda1.5088.8069,6%12,7%5,9%6,1%
74Mazda1.33110.265-23,9%-0,8%5,2%7,1%
88Nissan1.0136.21516,3%10,5%4,0%4,3%
917Peugeot9342.74184,2%10,5%3,7%1,9%
1010Renault8254.579-4,8%0,1%3,2%3,2%
119Seat7915.17972,3%60,0%3,1%3,6%
1211Subaru7244.315101,7%84,0%2,8%3,0%
1313Volkswagen7213.391-4,6%-15,7%2,8%2,4%
1412Chevrolet6884.178-42,1%-40,8%2,7%2,9%
1514Honda4883.353-23,6%-31,2%1,9%2,3%
1615Citroen4633.13939,0%12,9%1,8%2,2%
1716Opel4022.9168,4%17,0%1,6%2,0%
1818Fiat3582.458-19,0%3,0%1,4%1,7%
1920Mercedes3081.71669,2%37,0%1,2%1,2%
2022Dacia2981.3271,2%0,9%
2119Audi2752.20413,2%19,3%1,1%1,5%
2221BMW2021.60431,2%67,1%0,8%1,1%
2323Ford1701.188-85,2%-81,1%0,7%0,8%
2425Isuzu16581752,8%14,4%0,6%0,6%
2524Lexus15283185,4%33,0%0,6%0,6%
2626Volvo112576-11,8%5,5%0,4%0,4%
2727Jeep71442-12,3%25,6%0,3%0,3%
2828Mini523742,0%82,4%0,2%0,3%
2929Alfa Romeo4528815,4%6,7%0,2%0,2%
3030Infiniti37246270,0%246,5%0,1%0,2%
3131Cadillac34205-30,6%-12,4%0,1%0,1%
3232MG281440,1%0,1%
3333SsangYong27117-60,3%-50,0%0,1%0,1%
3435Chrysler24772300,0%-23,8%0,1%0,1%
3534Land Rover1493-30,0%-4,1%0,1%0,1%
3638Porsche62950,0%-6,5%0,0%0,0%
3737Jaguar433-20,0%-13,2%0,0%0,0%
3839Smart3200,0%122,2%0,0%0,0%
3836Abarth3490,0%96,0%0,0%0,0%
3940Dodge2110,0%-71,8%0,0%0,0%
Rank JunRank H1GroupJun 2015H1 2015Var JunVar H1Share JunShare H1
11Hyundai-Kia6.89636.88212,8%13,6%27,1%25,6%
22Volkswagen3.30119.60916,3%15,7%13,0%13,6%
33Toyota2.58116.9506,1%5,9%10,1%11,8%
46Mitsubishi2.2779.18466,1%27,3%8,9%6,4%
54Renault-Nissan2.17312.36724,3%20,4%8,5%8,6%
67Suzuki1.5907.80554,7%2,6%6,2%5,4%
79PSA1.3975.88066,3%11,8%5,5%4,1%
85Mazda1.33110.265-23,9%-0,8%5,2%7,1%
98General Motors1.1247.299-30,1%-25,7%4,4%5,1%
1010Fuji Heavy Industries7244.315101,7%84,0%2,8%3,0%
Rank JunRank H1ModelJun 2015H1 2015Jun VarH1 VarShare JunShare H1
13Kia Sportage1.2565.699155,8%250,1%4,9%4,0%
21Toyota Corolla1.2407.3026,6%-12,2%4,9%5,1%
32Kia Picanto1.0226.736-15,3%13,3%4,0%4,7%
44Mazda3 sedan8334.966-27,9%-4,1%3,3%3,5%
55Hyundai i107914.57625,2%72,1%3,1%3,2%
510Mitsubishi Attrage7913.287155,2%91,1%3,1%2,3%
611Mitsubishi Outlander7762.96130,4%33,6%3,0%2,1%
715Suzuki SX47092.3769,4%-46,9%2,8%1,7%
820Hyundai i206801.853-33,2%-51,7%2,7%1,3%
98Hyundai i256643.31882,4%12,3%2,6%2,3%
107Hyundai i356354.1473,6%50,3%2,5%2,9%
116Skoda Octavia5894.405-4,1%19,7%2,3%3,1%
1213Hyundai ix355412.447246,8%30,9%2,1%1,7%
139Seat Ibiza4513.302114,8%95,2%1,8%2,3%
1417Subaru Impreza4472.12152,0%25,4%1,8%1,5%
1512Toyota Yaris4212.79658,3%57,7%1,7%1,9%
1667Peugeot 3014135281190,6%6,9%1,6%0,4%
1716Nissan Micra3882.246-12,2%-12,1%1,5%1,6%
1849Mitsubishi Lancer376754506,5%140,9%1,5%0,5%
1919Suzuki Alto3741.90993,8%20,9%1,5%1,3%
2021Kia Rio3551.846-32,9%-33,9%1,4%1,3%
2134Suzuki Splash3411.184441,3%96,0%1,3%0,8%
2218Honda Civic sedan3331.95230,1%0,8%1,3%1,4%
2343Skoda Fabia326826156,7%31,3%1,3%0,6%
2428Kia Cee’d3171.46683,2%54,5%1,2%1,0%
2529Seat Leon3111.405146,8%77,4%1,2%1,0%
2650Volkswagen Golf277695106,7%-25,3%1,1%0,5%
2726Skoda Rapid2751.673-22,1%14,3%1,1%1,2%
2833Kia Forte2611.2769,7%-23,3%1,0%0,9%
2925Mitsubishi Space Star2601.720-24,4%-31,0%1,0%1,2%
3032Renault Clio2481.33073,4%32,7%1,0%0,9%

 

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