This marks the third time that a resident of eastern Jerusalem perpetrates a similar attack this summer.
"This attack could have taken place anywhere," he said. "The police are deployed in force in order to prevent such incidents."
Franco added that the terrorist was alone in the car and said that authorities are looking into whether he had any accomplices. "The terrorist is a young man, under 20 years of age," the police chief said.
As opposed to the previous bulldozer attacks, Monday's terrorist driving a black BMW ran his car into a group of soldiers and civilians at a busy intersection near the Old City. The terrorist's identity has been relayed to security authorities, who have launched an investigation into the attack.
In the first such attack in the capital this summer, an east Jerusalem resident driving a bulldozer went on a rampage, killing three people and wounding 36, most of them lightly.
Three weeks later, a terrorist who went on a similar rampage was shot to death early into his attack, after wounding 18 people.