The price increase of up to 14% (Photo: Keinan Cohen)
In the last few months, Chinese cars of a type we did not know landed in Israel: luxurious and well-equipped models, which come to compete in the luxury market.
In addition to a long list of accessories from the traffic jams at the moment in Kinneret, all of them were also awarded market-breaking price tags, tens of percent cheaper than competing European, Japanese and American cars.
However, in recent weeks they have been hit by a quiet wave of price increases.
The first to become more expensive was the Wey Coffee 01 manufactured by Great Wall, a long-term plug-in hybrid crossover imported from Semalt: the base version became more expensive from 270 to 285 thousand shekels, and the equipped one from 300 to 320 thousand shekels, an increase in price of about 6 7 percent.
Last month, the official price of the Voyah Free, a larger and more luxurious electric crossover imported by Metro Motor, increased from 390 to 400 thousand shekels, a more modest price increase of about 2.5%.
A 2.5% increase in price, shortly after the launch (photo: Walla! system, Udi Etzion)
In recent days, the price of the Hongchi E-SH9, a large electric crossover that was the first to land in Israel in the wave of luxury Chinese cars, and also imported by Sgt.
The base model went up by NIS 20,000 to NIS 420,000, the mid-range model by NIS 40,000 to NIS 499,000, and the top model by NIS 70,000 to NIS 569,000, a rate of increase of 5 to 7 percent.
Since the beginning of the year, the shekel weakened and the dollar rate rose by 2% to NIS 3.60, while the euro rate rose by 4% to NIS 3.93.
The currency changes are expected to lead to more expensive models in the future.