Israel January 2024: Hyundai #1, BYD #3 in market down -20.9%

BYD scores a 2nd ever podium finish in Israel.

According to our local partner cartube.co.il, new car sales in Israel recede -20.9% year-on-year in January to 37,347 units. Hyundai (-32.7%) reclaims the brands top spot with 15.2% share, in line with the 15.5% it held over the Full Year 2023. Kia (-3.3%) resists much better at #2 while BYD (+11.1%) defies the negative market to rise to #3 with 8.9% share. This is the second time BYD ends the month on the podium alongside November 2022 when it reached 10.6% share. Toyota (+1.1%) is also very solid at #4, followed by Mazda (-42%) in freefall. All remaining Top 17 brands are in negative, with Suzuki (-0.6%) and Skoda (-8.1%) resisting best.

Previous post: Israel Full Year 2023: BYD Atto 3 takes control, 3 Chinese models in Top 7

One year ago: Israel January 2023: Hyundai leads, BYD #5, Chery #8 in market up 26.2%

Full January 2024 Top 63 All brands ranking below.

Israel January 2024 – brands:

PosBrandJan-24%/23DecFY231Hyundai5,66415.2%– 32.7%912Kia4,75112.7%– 3.3%323BYD3,3318.9%+ 11.1%744Toyota3,0688.2%+ 1.1%135Mazda2,6767.2%– 42.0%866Mitsubishi1,8685.0%– 16.4%1987Skoda1,6094.3%– 8.1%1158Suzuki1,3603.6%– 0.6%699Geely1,0132.7%– 15.6%41010MG8692.3%– 32.2%51511Chery7141.9%– 55.4%10712Subaru6961.9%– 51.9%141713Seat5851.6%– 61.3%351414Citroen5801.6%– 48.2%151315Renault5751.5%– 25.7%171616Chevrolet5011.3%– 37.1%242017Mercedes4891.3%– 66.7%361918Volkswagen4771.3%+ 1.5%121819BMW4711.3%– 15.4%452320Seres4061.1%+ 133.3%263321Nissan4011.1%+ 48.5%182222Peugeot3991.1%– 63.1%161123Audi3851.0%– 48.5%422124Ford3841.0%+ 184.4%302925Isuzu3170.8%+ 69.5%223026Xpeng3010.8%new –5927Lexus2710.7%+ 11.1%132728Smart2630.7%n/a416329Ora2410.6%new433230Cupra2350.6%– 8.6%472531Fiat2240.6%+ 82.1%393532Volvo2200.6%– 41.6%232633Dacia2140.6%– 9.3%202834EVeasy2030.5%new274335Genesis1710.5%+ 11.0%483436Lynk & Co1450.4%+ 1511.1%384437Polestar1320.4%+ 222.0%294938Opel1290.3%– 55.2%212439WEY1150.3%+ 342.3%404240Jeep1100.3%– 64.1%373141SsangYong990.3%+ 219.4%254142Skywell890.2%– 41.1%283643Land Rover860.2%+ 7.5%443944Honda800.2%+ 56.9%323745Mini730.2%+ 58.7%514846Voyah660.2%+ 1000.0%505247Cadillac490.1%– 58.1%463848Maxus450.1%– 42.3%314749Porsche390.1%– 23.5% –5050Infiniti280.1%– 6.7% –5351Zeekr200.1%new496752DS170.0%+ 112.5% –5453Leapmotor140.0%– 85.3%334054JAC130.0%– 23.5%345155Alfa Romeo130.0%– 85.6% –4656Abarth90.0%– 65.4% –5657Tesla70.0%+ 133.3%21258Hongqi60.0%– 84.2% –5559Maserati30.0%– 81.3% –5760Alpine30.0%n/a –6861MAN30.0%n/a –6962Ferrari20.0%+ 0.0% –6163Bentley10.0%– 50.0% –62

Source: Cartube.co.il

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