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EquityWireData Alert: July automobiles despatches up 24%; PVs outpace 2-wheelers, exports robust
Data Alert

July automobiles despatches up 24%; PVs outpace 2-wheelers, exports robust

This story was originally published at 12:19 IST on 13 August 2026
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Informist, Thursday, Aug. 13, 2026

 

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--SIAM: India Jul passenger vehicle sales 457,810 units
--SIAM: India Jul passenger vehicle sales 457,810 units, up 34.3% on year
--SIAM: India Jul total vehicle sales 2.41 mln units, up 24.3% on year
--SIAM: India Jul 2-wheeler sales 1.92 mln units, up 22.6% on year
--SIAM: India Jul scooter sales 798,190 units, up 23.7% on year
--SIAM: India Jul motorcycle sales 1.07 mln units, up 20.7% on year
--SIAM: India Jul 3-wheeler sales 92,560 units, up 33.4% on year
--SIAM: Jul total vehicle exports at 677,122 units, up 25.1% on year
--SIAM: Jul passenger vehicle output 505,520 units, up 26.4% on year
--SIAM: Jul 2-wheeler output 2.72 mln units, up 24.2% on year
--SIAM: Jul 3-wheeler output 145,913 units, up 30% on year
--SIAM: India Apr-Jul passenger vehicle sales 1.67 mln units, up 27.1% YoY
--SIAM: India Apr-Jul 2-wheeler sales 7.55 mln units, up 20.9% on year
--SIAM: India Apr-Jul 2-wheeler sales 7.55 mln units, up 20.9% on year
--SIAM: India Apr-Jul total vehicle sales 9.53 mln units, up 22.2% on year
--SIAM: Apr-Jul exports 2.61 mln units, up 31.7% on year

 

MUMBAI – Despatches of automobiles by Indian companies locally and in overseas markets surged a little over 24% on year to 3.09 million units, data from the Society of Indian Automobile Manufacturers showed Thursday. Wholesale sales grew at a similar pace in India and in overseas markets. Led by growth in passenger cars, passenger vehicle despatches outperformed those of two-wheelers in India.

 

Overall, domestic wholesale sales in July stood at 2.41 million units, up 24% on year. Exports grew a tad faster, at 25% on year, to 677,122 units. Sensing robust demand, automakers kept the shop floors chugging as automobile production grew 25% year over year to 3.37 million units. 

 

Two-wheelers continued to form the bulk of automobiles sold in India. Companies sold 1.92 million two-wheelers to local dealerships in July, up 23% on year, and 554,258 two-wheelers to overseas dealerships, up 28%. Their production grew 24% on year to 2.72 million units.

 

In a continuing trend, scooters continued to outpace the growth of motorcycles in India. In the export market, however, the trend was the other way round. Hero MotoCorp Ltd. retained its leadership position in the two-wheeler market with a share of around 26%, closely followed by Honda Motorcycle & Scooter India Pvt. Ltd., with a share of around 25%.

 

"This positive momentum, sustained over several months, has continued as the industry enters the festive season with expectations of strong consumer sentiment," SIAM's Director General Rajesh Menon said in a statement.

 

The wholesale sales of passenger vehicles in the Indian market last month grew 31% to 395,199 units and only 4% to 69,931 units in the export market. The despatches of passenger cars were stronger than those of utility vehicles in the Indian market. In the export markets, sales of passenger cars contracted while that of utility vehicles grew. Companies manufactured 505,520 cars in July, up 26% on year, indicating that they expect good demand ahead of the festival season. 

 

India's largest passenger vehicle maker Maruti Suzuki India Ltd. remained the top car seller, in terms of market share. SIAM's data calculations do not include sales of vehicles by BMW, Mercedes, Jaguar Land Rover Automotive PLC, Tata Motors Passenger Vehicles Ltd., and Volvo Auto. 

 

In the three-wheeler segment, sales of goods carriers outgrew the sales of passenger carriers in July in the domestic market. Companies sold 92,560 three-wheelers to dealerships in India last month, up 33%. Overseas, sales grew 32% on year to 52,309 units--purely led by a strong growth in exports of passenger carriers.

 

Output of three-wheelers grew 30% in July to 145,913 units. Production of electric carts dipped mildly despite a strong volume offtake in the domestic market last month.  

 

 

A longer-term reading of the wholesales sales data of automobiles suggests that the momentum created by the cut in goods and services tax last year hasn't tapered off significantly, and that companies continue to benefit from a low base. In Apr-Jul, companies sold 9.53 million automobiles to local dealerships, up 22% on year, and 2.61 million units overseas, up 32%. Output of vehicles in this period grew 23% on year to 12.43 million units.

 

The Society of Indian Automobile Manufacturers detailed domestic vehicle sales figures for July as follows:

 

Segment Jul-26 Jun-26 Jul-25 Year-on-year change (in %)
Passenger vehicles 395,199 326,068 301,251 31.2
Passenger cars 132,408 98,610 96,207 37.6
Utility vehicles 248,895 217,228 192,703 29.2
Vans 13,896 10,230 12,341 12.6
Two-wheelers 1,923,483 1,851,400 1,569,120 22.6
Scooters 798,190 744,823 645,022 23.7
Motorcycles 1,074,796 1,056,422 890,107 20.7
Mopeds 50,497 50,155 33,991 48.6
Three-wheelers 92,560 77,951 69,403 33.4
Quadricycles 4 0 0 --

 

* Data does not include sales numbers of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto. Tata Motors domestic sales data is included only in 'Total PV', detailed break-up is not available.

 

The Society of Indian Automobile Manufacturers detailed vehicle production figures for July as follows:

Segment Jul-26 Jun-26 Jul-25 Year-on-year change (in %)
Passenger vehicles 505,520 386,467 399,974 26.4
Passenger cars 181,651 125,819 143,844 26.3
Utility vehicles 309,230 249,950 242,520 27.5
Vans 14,639 10,698 13,610 7.6
Two-wheelers 2,718,514 2,495,944 2,189,566 24.2
Scooters 991,539 873,801 712,916 39.1
Motorcycles 1,672,008 1,570,745 1,430,343 16.9
Mopeds 54,967 51,398 46,307 18.7
Three-wheelers 145,913 132,196 112,241 30
Quadricycles 1,011 921 340 197

 

* Data does not include production of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto. Tata Motors domestic sales data is included only in 'Total PV', detailed break-up is not available.

 

End

 

Reported by Anand JC

Edited by Akul Nishant Akhoury

 

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