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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 Ondas wins $10m tender to clear mines in Israel Ramat Gan house sells for NIS 8.4m Is it time to buy dollars? Petition revives threat to Israel-EU trade El Al to launch subsidized Tel Aviv - Buenos Aires flights AWS extends Ichilov AI medical collaboration Elbit drones to undergo Canadian trials - report Activist investors seek to oust Radcom board Two-minute EV charging coming to Israel Businessman buys 5 Tel Aviv apartments in Dou project Mega Or buys Alliance Tire site in Hadera for NIS 1b cash El Al orders six more Dreamliners Gov't Cos Authority recommends splitting NTA Nofar Energy plans to dual list on Nasdaq New immigrants buy Tel Aviv seafront home for NIS 70m Shekel’s strength hits Israelis investing in US Israel’s enhanced F-35s performed impressively in Iran war ZIM CEO Eli Glickman quits over failed bid eToro buys Israeli startup Zengo for $70m Israel’s CPI rose 0.4% in March Strong shekel wipes out sovereign wealth fund returns Shekel-dollar rate dips below NIS 3/$ AI protection co Artemis Security raises $70m Israel's fiscal deficit narrowed sharply in March Taboola lays off 5% of workforce Apartment overlooking Jerusalem's Old City sells for NIS 66.3m Hamburger family sells Harel shares for NIS 1.2b IDF to issue tender for 12,000 Israeli-made assault drones Enlight gets regulatory nod for Arava energy storage facility Camtek acquires Israeli AI startup Visual Layer Israel’s skies reopen but booking flights is fraught with risk Israeli VC firm Iron Nation launches $60m fund Lubinski to buy 50% stake in SPAR Israel Zuk to buy Californian bank for AI overhaul Elbit Systems wins $750m Greek PULS deal Netanyahu promised intervention but thousands will lose pay Restrictions again eased for flights departing Israel Israeli startups raised $1.2b in March Kinneret ends March above bottom red line Cyabra tumbles following Nasdaq debut Identity governance co Linx Security raises $50m BoI governor signals budget could delay interest rate cuts Gasoline prices to rise sharply Tuesday night Cabinet to discuss mortgage subsidies Israeli AI code review co Qodo raises $70m Security management co Huskeys raises $8m ScaleOps raises $130m at valuation over $800m Harel buys 19% stake in Waxman Group engineers Chief economist cuts growth forecast Israeli tech startups raise $3.1b in first quarter Treasury chief resigns after just one year Gov't springs surprise NIS 800m addition for haredi education Investment home buyers taking record mortgages Bill Ackman invests in AI transitional care co Dimer Health Rafael CEO: Iron Beam becoming operational Isracard hijacks El Al’s Fly Card from ICC CAL Isracard hijacks El Al’s Fly Card from ICC CAL Iran’s underground missile bases immune to attack Delta cancels Israel flights to September as restrictions continue How safe are our safe rooms? Eilat medical school to open this year AI agents for regulated industries co Notch raises $30m VW in talks with Rafael to produce Iron Dome - report Salesforce Ventures invests in Upwind at $1.6b valuation Knesset passes first reading of Unpaid Leave Law Israeli traffic management co NoTraffic raises $90m Arkia switches flights to Aqaba and Taba Uber Eats gears up for Israel launch Restrictions eased on outbound flights Leviathan gas field resumes operations
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.