Car imports up 3.7%

Some 107,406 passenger vehicles were imported during the first nine months of 2006, up 3.7 percent from the same period of 2005, the Israel Tax Authority said Wednesday.

By DANIEL KENNEMER
October 5, 2006 07:35

 
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Some 107,406 passenger vehicles were imported during the first nine months of 2006, up 3.7 percent from the same period of 2005, the Israel Tax Authority said Wednesday. In September, 4.2% more cars were imported than in the same month last year, while the dollar value of the auto imports rose 9%. The authority attributed the relatively low 4% growth rate in the past few months to accumulated car inventories among importers and expected changes in the evaluation of cars' values for tax purposes. About $214 million worth of electrical appliances were imported during the first nine months of the year, reflecting a real drop of 1.0% since last year.

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