Israel Raises Customs on Imported Cars; Protects Locally Assembled
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Israel Raises Customs on Imported Cars; Protects Locally Assembled

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While the first Kaiser Frazer Larks assembled in Israel are still being test run, the Finance Ministry today levied higher customs and luxury taxes on imported cars in order to protect the local product.

The locally assembled Lark, including taxes, will cost the Israeli customer 11,000 pounds (approximately $6,000) – but will still be considerably cheaper than imported American compact cars. The new tax rise has evoked considerable criticism from local car importers.

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