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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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
