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Article: Reforms to cause less demand for company cars, Avis Israel says

Article from:
Jerusalem Post
Article date:
February 5, 2007
Author:
Copyright

DROR KEDEM, The Business Post
Jerusalem Post
02-05-2007
Headline: Reforms to cause less demand for company cars, Avis Israel says
Byline: DROR KEDEM, The Business Post
Edition; Daily
Section: Economics
Page: 16

Monday, February 5, 2007 -- Just after Finance Minister Avraham Hirchson announced an increase in the value of car use by salaried employees, Dan Vehicle and Transportation DRT Ltd. (Avis Israel) said the move would, in its assessment, lead to a decline in the number of workers who take cars from their workplaces. DRT, owned by Amad Development and the Excellence provident fund, said this decrease would negatively impact the company's future financial results.

According to the ...

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