Universal Motors Israel Ltd.
UNMI.TA
Tel Aviv Stock Exchange2,830.00
ILA
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Universal Motors Israel Ltd.
UNMI.TA
(Tel Aviv Stock Exchange)
Recent
price
2,830.00
P/E
ratio
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div
yld
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ROIC.AI
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- Business
- Universal Motors Israel Ltd. engages in the import, marketing and sale of motor vehicles and related automotive services in Israel. Founded in 1993 and headquartered in Lod, Israel, the company distributes Chevrolet and Cadillac vehicles, Isuzu commercial vehicles, Maxus vehicles and Dongfeng vehicles under the Forthing brand; it also provides trade-in services, spare parts sales, new and used vehicle sales, light and medium truck and bus sales, operational fleet sales, vehicle leasing and short-term rental, financing and non-bank loans for vehicle purchases, insurance brokerage, repair and maintenance services, and vehicle-related ancillary activities. In addition, the company has interests in real estate leasing and other non-core activities, and operates through a nationwide sales and service network in Israel. Recent company developments include its addition to the TA-125 Index in February 2026; a proposed acquisition of an additional 5.01% stake in Danel (Adir Yeoshua) Ltd. for about ILS 145 million in April 2026; first-quarter 2026 earnings reported in May 2026; and approval of several board appointments at the annual general meeting held on September 2, 2026.