Israel February 2024: Market down -10.3%, Zeekr inside Top 20

Zeekr holds 1.4% of the Israeli market in February.

Based on data shared with us by our local partner cartube.co.il, the Israeli new light vehicle market decreases -10.3% year-on-year in February to 26,143. The year-to-date tally is off -16.8% to 63,490. The top 3 brands all fall faster than the market, with Hyundai (-22.9%), Kia (-19%) and Toyota (-13.2%) all suffering. In contrast Skoda (+29%) and BYD (+23.2%) defy the negative conetext and round out the Top 5. MG (+165%) and Mitsubishi (+9.8%) also post positive results in the remainder of the Top 10. Volkswagen (+77.3%) and Mercedes (+9.3%) are among the rare additional gainers further down. But the main surprise this month is Chinese newcomer Zeekr already up to #19 with a strong 1.4% share, outselling the likes of Tesla, Audi and BMW.

Previous month: Israel January 2024: Hyundai #1, BYD #3 in market down -20.9%

One year ago: Israel February 2023: BYD, Chery and Geely all inside Top 10, market up 15.2%

Full February 2024 Top 66 All brands ranking below.

Israel February 2024 – brands:

Pos Brand Feb-24 % /23 Jan 2024 % /23 Pos FY23
1 Hyundai 3,484 13.3% – 22.9% 1 9,148 14.4% – 29.3% 1 1
2 Kia 2,716 10.4% – 19.0% 2 7,467 11.8% – 9.6% 2 2
3 Toyota 2,521 9.6% – 13.2% 4 5,589 8.8% – 5.9% 3 3
4 Skoda 2,103 8.0% + 29.0% 7 3,712 5.8% + 9.8% 6 5
5 BYD 1,959 7.5% + 23.2% 3 5,290 8.3% + 15.3% 4 4
6 Mazda 1,103 4.2% – 33.9% 5 3,779 6.0% – 39.9% 5 6
7 Mitsubishi 1,084 4.1% + 9.8% 6 2,952 4.6% – 8.4% 7 8
8 Chery 940 3.6% – 34.9% 11 1,654 2.6% – 45.7% 9 7
9 MG 673 2.6% + 165.0% 10 1,542 2.4% + 0.5% 11 15
10 Suzuki 651 2.5% – 26.9% 8 2,011 3.2% – 11.0% 8 9
11 Geely 613 2.3% – 38.7% 9 1,626 2.6% – 26.1% 10 10
12 Citroen 606 2.3% – 50.1% 14 1,186 1.9% – 49.2% 12 13
13 Renault 567 2.2% – 34.8% 15 1,142 1.8% – 30.5% 13 16
14 Seat 552 2.1% – 5.6% 13 1,137 1.8% – 45.7% 14 14
15 Peugeot 545 2.1% – 37.0% 22 944 1.5% – 51.5% 17 11
16 Volkswagen 507 1.9% + 77.3% 18 984 1.5% + 30.2% 16 18
17 Subaru 424 1.6% – 18.5% 12 1,120 1.8% – 43.1% 15 17
18 Mercedes 366 1.4% + 9.3% 17 855 1.3% – 52.6% 18 19
19 Zeekr 363 1.4% new 51 383 0.6% new 30 67
20 Tesla 349 1.3% n/a 57 356 0.6% + 11766.7% 32 12
21 Chevrolet 340 1.3% + 13.0% 16 841 1.3% – 23.4% 19 20
22 Nissan 321 1.2% + 18.5% 21 722 1.1% + 33.5% 20 22
23 Ora 291 1.1% + 506.3% 29 532 0.8% + 1008.3% 26 32
24 Audi 269 1.0% – 26.3% 23 654 1.0% – 41.2% 22 21
25 BMW 245 0.9% + 12.4% 19 716 1.1% – 7.6% 21 23
26 Cupra 237 0.9% + 25.4% 30 472 0.7% + 5.8% 28 25
27 Seres 235 0.9% + 29.8% 20 641 1.0% + 80.6% 23 33
28 Xpeng 231 0.9% new 26 532 0.8% new 25 59
29 Isuzu 170 0.7% + 32.8% 25 487 0.8% + 54.6% 27 30
30 Ford 167 0.6% – 2.3% 24 551 0.9% + 80.1% 24 29
31 Skywell 158 0.6% + 9.0% 42 247 0.4% – 16.6% 37 36
32 Volvo 139 0.5% – 42.3% 32 359 0.6% – 41.9% 31 26
33 Lexus 138 0.5% – 20.7% 27 409 0.6% – 2.2% 29 27
34 Opel 117 0.4% – 77.8% 38 246 0.4% – 69.8% 38 24
35 Dacia 107 0.4% – 23.6% 33 321 0.5% – 14.6% 33 28
36 Genesis 101 0.4% – 3.8% 35 272 0.4% + 5.0% 36 34
37 Jeep 98 0.4% + 7.7% 40 208 0.3% – 47.6% 41 31
38 Lynk & Co 93 0.4% + 97.9% 36 238 0.4% + 325.0% 39 44
39 JAC 90 0.3% + 1185.7% 54 103 0.2% + 329.2% 47 51
40 Fiat 66 0.3% + 53.5% 31 290 0.5% + 74.7% 34 35
41 Land Rover 50 0.2% – 7.4% 43 136 0.2% + 1.5% 45 39
42 SsangYong 49 0.2% – 27.9% 41 148 0.2% + 49.5% 44 41
43 WEY 48 0.2% – 47.3% 39 163 0.3% + 39.3% 42 42
44 Voyah 40 0.2% + 110.5% 46 106 0.2% + 324.0% 46 52
45 Maxus 34 0.1% + 21.4% 48 79 0.1% – 25.5% 50 47
46 Mini 25 0.1% + 19.0% 45 98 0.2% + 46.3% 49 48
47 Infiniti 24 0.1% + 100.0% 50 52 0.1% + 23.8% 52 53
48 Polestar 22 0.1% + 37.5% 37 154 0.2% + 170.2% 43 49
49 Honda 22 0.1% – 88.1% 44 102 0.2% – 56.8% 48 37
50 Leapmotor 17 0.1% – 51.4% 53 31 0.0% – 76.2% 54 40
51 Cadillac 15 0.1% – 70.0% 47 64 0.1% – 61.7% 51 38
52 Forthing 12 0.0% new  – 12 0.0% new 58 64
53 Alfa Romeo 10 0.0% – 66.7% 55 23 0.0% – 80.8% 56 46
54 Smart 9 0.0% n/a 28 272 0.4% n/a 35 63
55 Maserati 9 0.0% + 80.0% 59 12 0.0% – 42.9% 57 57
56 Aiways 7 0.0% – 94.5%  – 7 0.0% – 95.9% 61 45
57 EVeasy 6 0.0% + 200.0% 34 209 0.3% + 10350.0% 40 43
58 DS 6 0.0% – 72.7% 52 23 0.0% – 23.3% 55 54
59 Hongqi 5 0.0% – 68.8% 58 11 0.0% – 79.6% 60 55
60 Porsche 4 0.0% – 83.3% 49 43 0.1% – 42.7% 53 50
61 Abarth 2 0.0% + 0.0% 56 11 0.0% – 60.7% 59 56
62 Weltmeister 2 0.0% new  – 2 0.0% new 65 65
63 Aston Martin 2 0.0% n/a  – 2 0.0% + 0.0% 66 66
64 MAN 1 0.0% n/a 61 4 0.0% n/a 62 69
65 Ferrari 1 0.0% – 75.0% 62 3 0.0% – 50.0% 64 61
66 Jaguar 1 0.0% – 75.0%  – 1 0.0% – 90.0% 68 58

Source: cartube.co.il

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