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Winds of cooling: Is the new car market facing a brake?
The summary of the past month continues the shopping fever in the Israeli market, but for those who are established or frightened by the numbers, we have news.
Beyond the mountains of cars, a crisis may be approaching.
And also, what did the trams do this month?
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Car market
New vehicle
Dedication to a new vehicle
Plug in
electric car
Walla! Car and Carzon
Thursday, 05 August 2021, 18:25 Updated: 19:35
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With 190,000 dedications in the median summary, we wrote that the Israeli market is galloping into a transportation catastrophe, and in the first moment in light of July data that closed with over 217,000 cars since the beginning of the year and a 48 percent increase since the year 2020 - the first thought is that the Israeli market continues to gallop.
However, at a second glance at the increase in relation to the outgoing month, another figure is hidden, the increase in relation to the previous month is at a rate of 17.5 percent, which is still nice, but less than half of the annual figure.
To this figure must be added a supply shortage that importers tell us about, including order backlogs of thousands of vehicles and stretching of waiting times for the end of the year.
"Despite the impressive numbers, it seems that the lack of inventory in new vehicles is beginning to slow down the Israeli car market," says Amir Weinstock of the Karzon website.
More on Walla!
First median summary of car sales: galloping into a transportation catastrophe
To the full article
The chip crisis in the automotive industry disrupts the supply of vehicles (Photo: Keinan Cohen, Keinan Cohen)
Although the comparison to 2020 may seem strange, since it was an unusual year in the car market in general, it should be remembered that the decline in it amounted to only about 15 percent, much less than the pessimistic estimates that accompanied it.
So the 48 percent increase not only narrows that gap but indicates an increase.
For comparison the July of 2019 amounted to 22,993 vehicles and that of 2018 was stopped at 25,452 units.
In the first seven months of 2019, 181,075 vehicles were delivered compared to 217,295 in 2021.
Efficient, attractive and insanely sold - Kia Niro plug-in (Photo: Rami Gilboa, Rami Gilboa)
Charge and enjoy
With your permission we will skip the traditional parades of who
*
sells the best-selling car, if you are not the importers themselves or shareholders, it is less relevant.
We are here to point out the interesting insights behind the numbers.
And the eye catches two segments that are worth a second look - the plug-in models and the full electric ones.
These two together already occupy a volume of 6.7 percent of the total dedication (divided by 4 percent for plug-in and 2.7 for trams), it is also interesting due to the volume that the unofficial import channels occupy.
These hold 14 percent of the total plug-in market, mainly in luxury models.
They are also the first to bring to Israel new and very interesting electric models from manufacturers that parallel imports are delayed and have difficulty with their bringing here, Ford Mustang Mach E and Skoda Aniac are the most prominent.
* Insist?
So Hyundai with 33,270 units, Draft with 31,294, Kia with 24,912, Skoda with 17,050 and Mazda with 11,095.
Volvo XC40 third place in charge (Photo: Nir Ben Tovim, Keinan Cohen)
In the group of hybrid chargers, the Kia Niro plug-in with 3,166 vehicles makes purple to the market when at a price quite close to the price of the hybrid version, more equipment and an electric range of about 50 km - plus a benefit value for those who receive it from the workplace - can not be screwed here.
By a huge margin followed by the MG EHS which delivered 997 units, it is a very nice number and an expression of trust in the Chinese brand that works only online and offers a very tempting package with the model, even if not one that competes with the best in its group. The chips stopped a
pile
of thousands of
orders.Surprising third place for the Volvo XC40 plug-in hybrid with 432 units, the manufacturer has another appearance in the top ten with the XC60.But it is not enough to overtake Mercedes with three models in the top ten (GLC with 330 units, E Class with 263 units and the A-Class with 244 units).
The "wow" effect.
Tesla feeds electricity powder the others despite irregular supply (Photo: Robert Freudman)
A star named Tesla
Despite the modest numbers in the overall picture, the year 2021 marks the beginning of the electricity revolution in Israel.
And the absolute poster girl of is Tesla Model 3. Without an importer, without a campaign, with a completely different approach, not without creaks, uneven finish quality and birth cords, but mostly with a price that shocked the local market (with its launch, since the business has risen no less than four twice).
A major onslaught was recorded when for the price of a large equipped family it was possible to get a hold of a coveted brand, whose equipped versions are deeply rooted in the premium worlds with impressive performance and of course say goodbye to the fuel pumps and garages.
The result: 2,912 units in the delivery beats of the car since the beginning of its marketing in February, with another delivery a few days away from the port of Ashdod with another 1,700 pieces on it - it guarantees the lead on the second place MG ZS EV with 869 units.
Gili, the owner of Volvo on the way here (Photo: PR)
Although the other players with numbers are much lower than these two, not something worth a special mention except perhaps AIWAYS U5 which impressed us greatly and without official marketing delivered 159 units.
We are on the verge of a flood of new electric models that have arrived and are facing the start of intensive marketing, are about to arrive and will arrive by the end of the year.
Partial list: Hyundai with Ionic 5 and electric buyer, Kia Niro EV, new Citroen C4, Nissan Lion and a number of Chinese manufacturers on the way here.
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