The new vehicle segment in Israel is in significant collapse, it is one of the most severely affected industries. To illustrate the numbers, 22,750 new vehicles were delivered in April last year. May 2020 deliveries are expected to be less than 8,000 new vehicles. This imposes direct and indirect tax revenue on state revenue
By
Eyal Avidov
CEO BASTION HLS® LTD
Contributing Writer
and representative of News247WorldPress in Israel