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Mayer Cars & Trucks Group operates as a prominent automotive conglomerate in Israel, primarily engaged in the import and distribution of vehicles and related services. The company acts as the exclusive importer for major brands such as Volvo, Honda, Renault Trucks, and LYNK & CO Electric mobility, offering a diverse range of cars, trucks, buses, engines, and heavy machinery. It maintains an advanced sales and customer service infrastructure, complemented by comprehensive logistics, leasing, trade-in, insurance, and funding solutions.
The group was founded in 1967 by the late Mayer Kass, who established Mayer's Cars and Trucks Ltd. as the initial exclusive importer of Volvo products to the Israeli market. Kass’s insight was to build a diversified automotive presence through a strategic vision and a focus on value-driven management, progressively expanding the product portfolio and service offerings to solidify its market position over five decades.
Mayer Cars & Trucks Group serves a broad customer base across Israel, including private consumers, businesses requiring commercial fleets, and public transport operators. Its vision centers on maintaining and expanding its status as the leading vehicle group in Israel by continually integrating new brands and complementary services, such as car rentals and insurance, alongside strategic overseas investments in real estate and public transport.
Mayer Cars & Trucks Group has 1 tracked investment across 1 company. The latest tracked deal is $6.0M Series A in RodRadar in September 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2021 | RodRadar | $6.0M Series A | — | Brick & Mortar Ventures, Dysruptek, Holt Ventures |