Israel 2018. Hyundai Ioniq booms in a negative market

Israel Vehicles

Israel Vehicles Market in 2018 fell by 5% keeping the decline of past year. Registrations closed the year at 267.477, with Volkswagen confirming itself as the market leader. The Hyundai Ioniq is the best-selling model, with the first win in the world. 

Economic Environment

Israeli economic  rapidly accelerated in the third quarter, led by firming domestic demand on rebounds in private and public consumption and strong export growth. Data for the fourth quarter, meanwhile, paints a mixed picture. The Central Bank’s State of the Economy Index edged up over the previous month in October due to robust export gains and resilient consumer goods imports.

In addition, the PMI increased in the same month and indicated that business conditions in the manufacturing sector improved. On the other hand, sentiment among consumers and businesses decreased in October. Moreover, imports surged as exports expanded at a softer pace on weak demand for technological goods, resulting in a wider trade deficit.

Although growth in the economy is expected to moderate next year, it should nonetheless remain robust on resilient domestic demand. Private consumption will likely benefit from a lower tax burden and still-favorable financial conditions, while fixed investment should receive a boost from new gas- and oil-related projects. However, tensions in the region continue to darken the outlook.

Market Trend

Israeli car market in the 2017 has broken the series of all time record. Indeed, during the previous five years light vehicles sales figures grew up uninterruptedly fueled by stable strong GDP growth and high level of investments, with the all time record signed in the 2016 with 286.000 units. In the 2017, according to the data released by the Israeli Department of Transportation System, the market consolidated the results, with the second best sales level, at 281.557 units (-1.8%).

In the 2018 the market kept the negative tone of previous year. The year ended with registrations at 267.477, leading to a fall in sales by 5%. This is the second decline in a row, considering the negative performance of the past year.

Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018'+/- 2018
239.741254.748286.701281.557267.477-5,0%

Competitive Arena

At brand-wise, Hyundai is the market leader again with 38.423 sales (+4.5%).

In second place Kia with 35.524 units (-0.4%) followed by Toyota with 27.192 (-12.6%), Skoda with 19.928 (-8.3%), Nissan with 15.626 (+9%), Suzuki with 13.304 (-19.9%), Mazda with 13.253 (+1.7%), Mitsubishi with 12.952 sales (+19.2%),  Renault with 11.397 (-12.4%) and in 10th place Seat with 9.046 (+6.8%).

At model-wise, the 2018 market leader is the Hyundai Ioniq with 10181 (+41.4%), ahead of the Kia Sportage 10.048 (-13.6%) and the Kia Picanto 9.011 (-23.4%).

Wishing to see the reports on the Israel Best Selling Cars Ranking for the current or the previous years, access to the dedicated report

Research, Consulting, Data & Forecast

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 2025. AutoData 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.  See details within Israel Corner Store

Rank 2018Rank 2017 Sales 2018Sales 2017'+/- 2018
11Hyundai38.42336.7814,5%
22Kia35.52435.663-0,4%
33Toyota27.19231.103-12,6%
44Skoda19.92821.742-8,3%
56Nissan15.62614.3429,0%
65Suzuki13.30416.619-19,9%
77Mazda13.25313.0331,7%
89Mitsubishi12.95210.86319,2%
98Renault11.39713.006-12,4%
1010Seat9.0468.4716,8%
1113Chevrolet6.9767.216-3,3%
1211Citroen6.9638.020-13,2%
1316Peugeot6.5816.4641,8%
1412Honda6.2167.685-19,1%
1514Volkswagen5.8597.043-16,8%
1615Subaru5.7346.647-13,7%
1719Dacia4.2774.354-1,8%
1817Audi4.0154.598-12,7%
1921Mercedes3.5993.787-5,0%
2022BMW3.3123.451-4,0%
2120Opel3.0604.285-28,6%
2218Fiat2.8644.538-36,9%
2323Ford1.7012.939-42,1%
2425Volvo1.6281.28426,8%
2526Lexus1.5151.22723,5%
2624Isuzu1.3841.597-13,3%
2727Jeep1.0119773,5%
2828Alfa Romeo635718-11,6%
2929Mini561659-14,9%
3031Infiniti55841434,8%
3134MG51325799,6%
3230Cadillac461525-12,2%
3332SsangYong38530526,2%
3433Land Rover3132946,5%
3535Porsche22416535,8%
3637Jaguar16111243,8%
3739DS1106374,6%
3836Maserati74121-38,8%
3938Smart5778-26,9%
4040Abarth3655-34,5%
4141Chrysler2531-19,4%
4244Iveco1511400,0%
4342Aston Martin1121-47,6%
4443Ferrari990,0%
Rank 2018Rank 2017ModelSales 2018Sales 2017'+/- 2018
16Hyundai Ioniq10.1817.19841,4%
22Kia Sportage10.04811.635-13,6%
31Kia Picanto9.01111.765-23,4%
43Hyundai Tucson8.4209.219-8,7%
522Kia Niro8.3443.748122,6%
69Hyundai i107.7846.14326,7%
75Skoda Octavia6.6348.661-23,4%
84Toyota Corolla5.8129.118-36,3%
97Mitsubishi Outlander5.3856.939-22,4%
1018Toyota C-HR5.3494.15828,6%
118Honda Jazz5.2126.374-18,2%
1219Nissan Micra5.1794.10826,1%
1310Mazda34.8645.901-17,6%
1416Toyota Yaris4.8324.846-0,3%
1512Seat Ibiza4.4465.111-13,0%
1613Suzuki SX44.2955.035-14,7%
1720Mazda CX-53.8363.8170,5%
1815Skoda Rapid3.8004.917-22,7%
1924Nissan Qashqai3.6253.5631,7%
2028Nissan X-Trail3.6103.04318,6%
2140Peugeot 30083.2081.93765,6%
2214Hyundai i253.1644.952-36,1%
2339Mazda23.1362.07651,1%
24221Subaru XV3.0961916194,7%
2525Toyota Auris3.0143.386-11,0%
2521Citroen Berlingo3.0143.749-19,6%
26179Mitsubishi ASX2.9991242318,5%
2729Honda Civic2.6742.988-10,5%
2823Suzuki Baleno2.5303.626-30,2%
2948Skoda Kodiaq2.4991.57358,9%
3055Dacia Duster2.4791.35183,5%

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