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Revenues from import of private cars up 19.4%
Revenues from import of private cars up 19.4%

August sees sharp rise in car imports

Some 23,643 private vehicles, 1,711 commercial vehicles imported to Israel last month

August recorded a sharp rise in the number of cars imported to Israel, according to Tax Authority figures. Some 23,643 private vehicles were imported last month, compared to 18,025 in August 2010 - a 31% rise.

 

Revenues from the import of private cars rose by 19.4% following the import of less polluting cars, which are subject to lower taxes.

 

The import of commercial vehicles totaled 1,711 units in August, a 121% increase compared to the same period last year.

 

The reason for the sharp rise in the commercial vehicles imports is the a new regulation, slated to take effect in January 2012, which requires every commercial vehicle to install a stability control system which cannot be assembled after production.

 

The import of private cars totaled 166,243 units in the first eight months of 2011, a 16% increase compared to the same period last year.

 

August also saw a mixed trend in the import of consumer durable goods. The import of refrigerators was down 1%, the import of washing machines rose by 22%, tumble dryer imports dropped 6.7%, and dish washer imports recorded significant increase of 97%.

 

Television imports were down 3%, while DVD player imports recorded a 2.6% increase.

 

 

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