Automotive industry : Opel extends Israel distribution deal

Automotive industry : Opel extends Israel distribution deal

Opel and its importer in Israel, the Shlomo Group, have extended their collaboration.

Karl-Thomas Neumann, CEO of Adam Opel, and Shlomo Shmeltzer, managing director of the Shlomo Group, met at Opel headquarters in Rüsselsheim and signed the new contract extending the companies’ collaboration until 2020.

« With this, Opel strengthens its presence in Israel, an important export market for the brand, » the automaker said in a statement.

“We have been on the right track in Israel since beginning this cooperation two years ago. We are very pleased that with the Shlomo Group we have one of the strongest Israeli companies as a sales associate and reliable partner. By renewing our contract early, we not only reinforce this cooperation, but also our brand in Israel,” said Neumann.

According to Opel, the Shlomo Group is the leading automotive and largest car rental group in Israel. The company has been importing and selling the GM vehicles and spare parts since spring 2011.

Last year around 4,600 cars were sold and 2013 sales are expected to exceed 5,000.

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