Published: 10 January, 2013, 15:20
Most of the casualties are being treated on the spot, although several people have reportedly been taken to hospital.
The bomb was apparently detonated by a motorcyclist nearby, Haaretz reports.
The car burst into flames immediately after the blast.
Israeli police spokesperson Micky Rosenfeld told AP that he believes the explosion was criminally motivated, rather than a terrorist attack.
Rescue forces are currently at the scene.
The last major blast in Tel Aviv occurred during Operation Pillar of Defense on November 21, when terrorists planted a bomb on a bus in the center of the city. Twenty-eight people were wounded.
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