No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

New Chinese car brands fuel demand for showroom space

by FeeOnlyNews.com
3 months ago
in Business
Reading Time: 3 mins read
A A
0
New Chinese car brands fuel demand for showroom space
Share on FacebookShare on TwitterShare on LInkedIn


The influx of Chinese vehicle brands to Israel continues to gather force, and with it the demand for showrooms in good locations. In the final quarter of 2025, a series of new showrooms is due to open around Israel, at a total investment of tens of millions of shekels.

Chinese brand GAC Aion, which is due to go on sale in Israel shortly through Union Motors unit Orion Mobility, announced last week that it would initially open five showrooms around Israel towards September.

The brand’s flagship showroom will be in Ra’anana, an unusual location in the industry for a main showroom. The showroom, 300 square meters in area including management offices, will be located in a new complex at Hanofar Street 2a in the industrial zone. Other showrooms will be opened in Tel Aviv, Haifa, Rishon LeZion, and Modi’in. The showrooms will exhibit advanced design and online marketing technologies. The initial investment is NIS 7.5 million.

GAC will launch a series of new electric models in Israel, addressing different segments, with an estimated range of prices from about NIS 140,000 to over NIS 250,000. A first consignment of the Chinese company’s vehicles arrived in Ashdod last week, including a large electric crossover aimed at competing directly in the Tesla Y’s market segment.

Lubinski switches showroom

Another Chinese electric brand setting up showrooms in advance of its impending launch in Israel is the premium IM brand of the Chinese SAIC group. The main showroom of the brand, which is imported by the Lubinski group, will be located at Hamanofim Street 2, Herzliya instead of the DS brand, also imported by Lubinski, which will move to Tel Aviv.

Another IM showroom will be located in the Check Post interchange area at Ba’alai Melacha Street 1, Haifa. It will replace the existing MG showroom on the site, which will move to a new, larger showroom in a new building at Hahermesh 28, near the Check Post interchange. Sales of the IM brand will shortly begin in Europe and Israel with two large premium electric models, a sedan and a crossover, pitted against Tesla’s Y and 3 models, at an estimated price range of NIS 200,000-300,000, depending on the model, but with a higher specification to price ratio.

Colmobil builds a complex

Colmobil has also started constructing a new complex, at Nesher, in the outskirts of Haifa, that will bring together all the group’s current showrooms currently located in Haifa and the Check Post interchange area. The complex is expected to open in the middle of next year. It will have a built area of some 8,000 square meters. The group has also begun construction of a 6,600 square meter showroom complex in Beersheva, due to be completed in early 2027.





RELATED ARTICLES




Chinese share of Israeli car market highest in developed world


Israeli autotech cos will have to disclose Chinese connections






Chinese company BAIC, which is due to launch its products in Europe and Israel in the final quarter of 2025, is negotiating on renting new showrooms in Herzliya and Rishon LeZion. The brand will initially focus on gasoline and hybrid vehicles, mainly crossovers, with an estimated price range of NIS 140,000 to NIS 200,000.

Published by Globes, Israel business news – en.globes.co.il – on August 10, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: BrandsCarChinesedemandfuelshowroomspace
ShareTweetShare
Previous Post

Midcap stocks still pricey? Tata Mutual Fund’s take on where to invest now

Next Post

Hot Stocks: KW 32 / 2025 – Silber auf der Überholspur!

Related Posts

Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

by FeeOnlyNews.com
October 31, 2025
0

Take the guesswork out of sourcing! We want you to make the most informed purchases possible. In order to do...

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

by FeeOnlyNews.com
October 30, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

by FeeOnlyNews.com
October 30, 2025
0

US equity-index futures rose after strong earnings from Amazon.com Inc. and Apple Inc. spurred a post-market tech rally, lifting sentiment...

Michael Saylor’s Strategy returns to profitability in third quarter

Michael Saylor’s Strategy returns to profitability in third quarter

by FeeOnlyNews.com
October 30, 2025
0

Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to...

Planning approved for new Jerusalem luxury hotel

Planning approved for new Jerusalem luxury hotel

by FeeOnlyNews.com
October 30, 2025
0

Building a hotel is an expensive business, but before you build you need a high-quality location. Pai Siam (TASE:...

AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

by FeeOnlyNews.com
October 30, 2025
0

Hello and welcome to Eye on AI. In this edition…Nvidia becomes the first $5 trillion market cap company…Anthropic finds AI...

Next Post
Hot Stocks: KW 32 / 2025 – Silber auf der Überholspur!

Hot Stocks: KW 32 / 2025 – Silber auf der Überholspur!

Formula in advanced talks on sale of Sapiens stake

Formula in advanced talks on sale of Sapiens stake

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
The 2026 Social Security Bump Will Cost Some Retirees. Are Your Benefits at Risk of Taxation?

The 2026 Social Security Bump Will Cost Some Retirees. Are Your Benefits at Risk of Taxation?

0
6 Facts You Should Know About the Thrift Savings Plan If You Are a Government Employee

6 Facts You Should Know About the Thrift Savings Plan If You Are a Government Employee

0
Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

0
The Tragedy of Expatriation: Europe’s Lost Future

The Tragedy of Expatriation: Europe’s Lost Future

0
Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

0
Planning approved for new Jerusalem luxury hotel

Planning approved for new Jerusalem luxury hotel

0
Getting Started: Inventory Types and Conditions

Getting Started: Inventory Types and Conditions

October 31, 2025
Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

October 31, 2025
Strategy Q3 Income Narrows to .8B as mNAV Shrinks

Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks

October 30, 2025
El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

El Pollo Loco outlines plan for nearly doubling 2026 unit growth amid margin gains and menu innovation (NASDAQ:LOCO)

October 30, 2025
Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

Asian shares rise: Asian shares, US futures rise on tech results, gold holds gain

October 30, 2025
Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

October 30, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Getting Started: Inventory Types and Conditions
  • Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso
  • Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.