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Car Importer Carasso Motors Reports Sales and Profit Growth in First Half of 2026
Carasso Motors increased car sales by 36.2% in the first half of 2026, with a market share rise to 16.8% in Q2, despite challenges from the Iran conflict.
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What happened
- 01Carasso Motors sold 32,567 cars in H1 2026, a 36.2% increase year-over-year.
- 02Q2 sales rose 5.3% to 14,571 vehicles, with market share growing to 16.8%.
- 03Second quarter revenues held steady at about 2.1 billion shekels despite Iran conflict impacts.
- 04Leasing sector revenues grew 12.5% to 959.4 million shekels in the first half.
- 05Strategic investments included new showrooms, Chery brand launch in Europe, and mortgage expansion.
- 06A 180 million shekel dividend was approved, and import license for Chery extended to June 2030.
The company maintained stable revenues and expanded leasing and other sectors, approved a 180 million shekel dividend, and secured its import license for Chery vehicles through 2030.
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