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Israeli Transport Ministry Extends Chery Import License Until 2030 While Other Importers Await Decisions

How 3 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Calcalist · 1 day ago

What happened

The Israeli Ministry of Transport extended Chery's import license until 2030, enabling Carasso Group to launch a new sub-brand, while other importers await license renewals amid a market concentration review. Several licenses for major brands like Mercedes-Benz and Geely expire this year without long-term renewal, and many licensed brands have no current sales in Israel.

01Israeli Transport Ministry extended Chery's import license until 2030 despite Competition Authority's advice.
02Carasso Group announced new Chery sub-brand Leopaard for Israel following license extension.
03Other importers like Calmobile and Union Group face short-term license renewals or pending decisions.
04Several licenses for brands like Mercedes-Benz, Smart, Mitsubishi, Geely, and AION expire by end of 2024.
05Many licensed brands, including luxury and Chinese models, have zero sales in Israel currently.
06Ministry and Competition Authority have been reviewing automotive market concentration since last year.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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Ofer Avnir