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News - Globes

Quantum computing co Q-Factor raises $24m Boaz Levy to become Israel Aerospace chair Banks' efficiency drives spark worker unrest Teva acquires Emalex Biosciences for up to $900m Gasoline prices to rise again Thursday night Deputy budget commissioner warns on �trauma economy� Israel drops key demand on Wizz Air hub Gedera house sells for NIS 5.53m Huge Crusoe Afula deal boosts Israel’s data centers sector Quantum Art extends Series A financing to $140m "Globes" poll of polls shows Beyachad brings opposition no gain Nvidia leases space for labs in Rishon Lezion Shekel-sterling rate heading below NIS 4/£ Shapir mulls buying control of Ashdod Refinery for NIS 1b Banks ask court to declare Nochi Dankner bankrupt Strong semiconductor sentiment boosts Ceva Yair Lapid and Naftali Bennett merge parties Supreme Court orders financial sanctions for draft evaders Israeli tech employees hold stock options worth NIS 150b Home price gap narrows between Tel Aviv and nearby cities Meta to lay off 100 employees in Israel EU regulator extends advisory not to fly to Israel Lyft buys Gett's London taxi-hailing operation Mobileye up sharply after beating analysts on Q1 Cyera buys Israeli startup Ryft for over $100m Israir to launch Israel-US flights in summer Ondas Israel unit to protect World Cup venues from drones Elbit awarded $200m IDF airborne munitions deal Study: IDF Talpiot program excels in producing entrepreneurs Israel's population grew 1.4% over past year
Israeli retail chains line up to sell cars
Dubi Ben-Gedalyahu · 2026-06-05 · via News - 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.