Automotive Equipment Group (AEV) is one of Israel’s longstanding and leading automotive groups. The group imports and distributes passenger cars, buses, trucks, tires, forklifts, mechanical equipment, tractors and agricultural equipment, and operates a car insurance, car finance, and car maintenance agency. Automotive Equipment Ltd. was founded in 1949 by the Late Joseph Boxenbaum. In 2005, its commercial operation was transferred to Automotive Equipment and Cars (2004) Ltd., which is owned by the Neta (formerly Boxenbaum) family and the charitable foundation Neta – Boxenbaum. The real estate activity management remained under Automotive Equipment Group.