More Israelis Buying More New Cars.(Brief Article)(Statistical Data Included)
During the first 11 months of this year Israelis purchased more than 140,000 new cars. In November alone 13,250 new cars were purchased. European cars led by Peugeot are the most popular among Israelis, followed by Fiat and Volkswagen. Sales of Japanese cars also do well in Israel and only lately have they lost their status as number 1 sellers in Israel. Israel's economy during the last year has not been robust, but as the numbers show, this has done little to stem consumers appetite for new cars and other consumer durables. Spending on imported consumer durables from the start of
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