Economy · Full coverage
Chinese Car Brands Boost Car Importer Carasso Motors’ Market Share to 15% Amid Mazda Importer Decline
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Globes · 7 hours ago
What happened
Carasso Motors has increased its market share to 15.3% in Israel, driven by Chinese brands Chery and Xpeng, while Delek Automotive’s share fell to 3% amid declining Mazda and Ford sales. Both companies reported lower profits per vehicle, with Delek posting a net loss due to a major investment write-down. The shift reflects changing consumer preferences favoring Chinese cars in Israel.
- 01Carasso Motors’ market share rose to 15.3%, led by Chinese brands Chery and Xpeng.
- 02Delek Automotive’s market share dropped to 3%, with steep declines in Mazda and Ford sales.
- 03Carasso sold 32,500 vehicles in H1 2026, a 36% increase, but net profit fell 32%.
- 04Delek reported a net loss of 12.6 million shekels due to a 161 million shekel write-down on Hailo.
- 05Average profit per car declined for both importers, reflecting lower margins on Chinese vehicles.
- 06Carasso’s stock fell 17.5% this year; Delek’s dropped 40%, reflecting market challenges.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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