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Front - Globes

Thu: Insurance, energy stocks lead rise "Israel can be a window to the Mediterranean" India signs $1.1b IAI tanker aircraft deal - report Indian co KPIT to acquire Israeli startup Cymotive Strengthening shekel nears NIS 2.90/$ threshold Wizz Air Israel hub talks break down Sakal makes shock bid to buy ZIM Israeli defense-tech co Kela raising $200m at $1.2b valuation Tue: Insurance stocks lead TASE higher Israel’s most expensive home up for sale TASE readying for big wave of IPOs this month AI ecommerce co ZyG raises $60m at $500m valuation Canadian real estate co Almadev plans TASE IPO Cisco to acquire Israeli co Astrix Security Rafael close to buying VW plant Mon: Nice lifts TASE to new record Israeli startup BridgeWise teams with Elon Musk�s X Leumi Partners invests NIS 200m in Landora Ministers approve two new combat aircraft squadrons Fri: Main indices rise, Tower surges Beilinson Hospital receives record donation for cancer research Thu: Main indices edge higher Keystone joining Hot Mobile acquisition Mekorot teams with nT-Tao on nuclear fusion Lufthansa Group suspends Israel flights until June Check Point disappoints on revenue, beats on profit SuperPlay earnout payments weigh on Playtika Tel Aviv Park HaMesila penthouse sells for NIS 55m Israeli credit card players eye potential of Wizz Air loyalty club Elon Musk to visit Israel next month
Israeli retail chains line up to sell cars
Dubi Ben-Gedalyahu · 2026-06-05 · via Front - Globes

The initial success of the Osher Ad supermarket chain with Kia has prompted other retailers to try to follow suit.

The sale of Kia cars by supermarket chain Osher Ad, which scored considerable initial success this week, has spurred moves by other supermarket chains in Israel in this area. From enquiries by "Globes" among vehicle importers it emerges that in the past few months there have been several approaches by large retailers, physical and online, to importers and leasing companies about cooperation in marketing cars.

The emphasis is on "zero kilometer" cars and surplus stocks of vehicle brands in demand. ("Zero kilometer" cars are cars sold by importers to, for example, leasing companies, which then sell them to consumers. The cars are officially secondhand, and their prices are below the list price, but they are actually new and have never been driven.) In most cases the cooperation proposed is on a consignment basis, without the vehicles actually being purchased by the retail chains, which instead will earn a sales commission. According to estimates in the industry, there are over 10,000 "zero kilometer" cars that the importers are seeking to offload.

Among the chains concerned is Rami Levy, which is at an advanced stage of examining the possibility of selling new cars, probably through its new stock chain. It announced several months ago that it was considering entering this field, but it is not yet known in what format and with which importers.

Dutch chain SPAR, which began operating in Israel two years ago, is also believed to be likely to take on vehicle marketing. In April this year, motor vehicle group Lubinski signed an agreement to buy 50% of SPAR Israel.

Lubinski imports Peugeot, Citroen, Opel and MG cars into Israel. I also imports motorcycles, bicycles, and sports equipment. In these products too there is potential synergy with the retail chains. Lubinski stated in response that there were no such plans on the agenda at present.

Published by Globes, Israel business news - en.globes.co.il - on June 4, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.