Israel February 2024: Market down -10.3%, Zeekr inside Top 20

Zeekr holds 1.4% of the Israeli market in February.

Based on data shared with us by our local partner cartube.co.il, the Israeli new light vehicle market decreases -10.3% year-on-year in February to 26,143. The year-to-date tally is off -16.8% to 63,490. The top 3 brands all fall faster than the market, with Hyundai (-22.9%), Kia (-19%) and Toyota (-13.2%) all suffering. In contrast Skoda (+29%) and BYD (+23.2%) defy the negative conetext and round out the Top 5. MG (+165%) and Mitsubishi (+9.8%) also post positive results in the remainder of the Top 10. Volkswagen (+77.3%) and Mercedes (+9.3%) are among the rare additional gainers further down. But the main surprise this month is Chinese newcomer Zeekr already up to #19 with a strong 1.4% share, outselling the likes of Tesla, Audi and BMW.

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

One year ago: Israel February 2023: BYD, Chery and Geely all inside Top 10, market up 15.2%

Full February 2024 Top 66 All brands ranking below.

Israel February 2024 – brands:

PosBrandFeb-24%/23Jan2024%/23PosFY231Hyundai3,48413.3%– 22.9%19,14814.4%– 29.3%112Kia2,71610.4%– 19.0%27,46711.8%– 9.6%223Toyota2,5219.6%– 13.2%45,5898.8%– 5.9%334Skoda2,1038.0%+ 29.0%73,7125.8%+ 9.8%655BYD1,9597.5%+ 23.2%35,2908.3%+ 15.3%446Mazda1,1034.2%– 33.9%53,7796.0%– 39.9%567Mitsubishi1,0844.1%+ 9.8%62,9524.6%– 8.4%788Chery9403.6%– 34.9%111,6542.6%– 45.7%979MG6732.6%+ 165.0%101,5422.4%+ 0.5%111510Suzuki6512.5%– 26.9%82,0113.2%– 11.0%8911Geely6132.3%– 38.7%91,6262.6%– 26.1%101012Citroen6062.3%– 50.1%141,1861.9%– 49.2%121313Renault5672.2%– 34.8%151,1421.8%– 30.5%131614Seat5522.1%– 5.6%131,1371.8%– 45.7%141415Peugeot5452.1%– 37.0%229441.5%– 51.5%171116Volkswagen5071.9%+ 77.3%189841.5%+ 30.2%161817Subaru4241.6%– 18.5%121,1201.8%– 43.1%151718Mercedes3661.4%+ 9.3%178551.3%– 52.6%181919Zeekr3631.4%new513830.6%new306720Tesla3491.3%n/a573560.6%+ 11766.7%321221Chevrolet3401.3%+ 13.0%168411.3%– 23.4%192022Nissan3211.2%+ 18.5%217221.1%+ 33.5%202223Ora2911.1%+ 506.3%295320.8%+ 1008.3%263224Audi2691.0%– 26.3%236541.0%– 41.2%222125BMW2450.9%+ 12.4%197161.1%– 7.6%212326Cupra2370.9%+ 25.4%304720.7%+ 5.8%282527Seres2350.9%+ 29.8%206411.0%+ 80.6%233328Xpeng2310.9%new265320.8%new255929Isuzu1700.7%+ 32.8%254870.8%+ 54.6%273030Ford1670.6%– 2.3%245510.9%+ 80.1%242931Skywell1580.6%+ 9.0%422470.4%– 16.6%373632Volvo1390.5%– 42.3%323590.6%– 41.9%312633Lexus1380.5%– 20.7%274090.6%– 2.2%292734Opel1170.4%– 77.8%382460.4%– 69.8%382435Dacia1070.4%– 23.6%333210.5%– 14.6%332836Genesis1010.4%– 3.8%352720.4%+ 5.0%363437Jeep980.4%+ 7.7%402080.3%– 47.6%413138Lynk & Co930.4%+ 97.9%362380.4%+ 325.0%394439JAC900.3%+ 1185.7%541030.2%+ 329.2%475140Fiat660.3%+ 53.5%312900.5%+ 74.7%343541Land Rover500.2%– 7.4%431360.2%+ 1.5%453942SsangYong490.2%– 27.9%411480.2%+ 49.5%444143WEY480.2%– 47.3%391630.3%+ 39.3%424244Voyah400.2%+ 110.5%461060.2%+ 324.0%465245Maxus340.1%+ 21.4%48790.1%– 25.5%504746Mini250.1%+ 19.0%45980.2%+ 46.3%494847Infiniti240.1%+ 100.0%50520.1%+ 23.8%525348Polestar220.1%+ 37.5%371540.2%+ 170.2%434949Honda220.1%– 88.1%441020.2%– 56.8%483750Leapmotor170.1%– 51.4%53310.0%– 76.2%544051Cadillac150.1%– 70.0%47640.1%– 61.7%513852Forthing120.0%new –120.0%new586453Alfa Romeo100.0%– 66.7%55230.0%– 80.8%564654Smart90.0%n/a282720.4%n/a356355Maserati90.0%+ 80.0%59120.0%– 42.9%575756Aiways70.0%– 94.5% –70.0%– 95.9%614557EVeasy60.0%+ 200.0%342090.3%+ 10350.0%404358DS60.0%– 72.7%52230.0%– 23.3%555459Hongqi50.0%– 68.8%58110.0%– 79.6%605560Porsche40.0%– 83.3%49430.1%– 42.7%535061Abarth20.0%+ 0.0%56110.0%– 60.7%595662Weltmeister20.0%new –20.0%new656563Aston Martin20.0%n/a –20.0%+ 0.0%666664MAN10.0%n/a6140.0%n/a626965Ferrari10.0%– 75.0%6230.0%– 50.0%646166Jaguar10.0%– 75.0% –10.0%– 90.0%6858

Source: cartube.co.il

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