Sales of Mercedes cars were up 37.9% to 1,198 in the first four months of 2015.
There is a school of thought that says that Israel's car market mirrors society. They claim that the social revolution has reached the automobile sector with a rich range of brand new cars costing only NIS 50-80,000 allowing more Israelis than ever with modest means to become the proud owner of a new car.
But that mirror also shows that there are more rich people than ever before who can afford to spend upwards of NIS 160,000 on a new car. In the first four months of 2015 deliveries of luxury cars rose sharply compared with the corresponding period of 2014.
Sales of Mercedes cars were up 37.9% to 1,198; Audi sales were up 21.3% to 1,625; BMW sales were up 74.3% to 1,173; Lexus sales were up 24.5% to 539; Volvo sales were up 18.2% to 390; Alfa Romeo sales were up 10.4% to 201; Infiniti sales were up 304% to 182; Cadillac sales were up 9.6% to 151; and Land Rover sales were up 7.5% to 57.
Published by Globes [online], Israel business news - www.globes-online.com - on May 14, 2015
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