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Vehicle deliveries up 8% in first half to 71,662.

Asia Africa Intelligence Wire

| July 25, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Dubi Ben-Gedalyahu

Vehicle deliveries rose 8% in the first half of 2005, compared with the corresponding period of 2004, to 71,662, according to a Israel Motor Vehicles Importers Association report based on Department of Motor Vehicles data.

Deliveries of private cars rose 2% to 55,730. Deliveries of commercial vehicles soared 35%, due to regulatory changes, which abolished VAT recognition on purchases of commercial vehicles after June 1. Deliveries of commercial vehicles included 2,208 pick-ups, 4,377 off-road vehicles, and 9,347 light trucks. These figures correspond to ten months of deliveries in a normal …

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