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AutomotiveEconomic Calendar

India Passenger Car Sales Jump 31.2% in July

Passenger vehicle sales in India surged 31.2% year-on-year in July 2026, accelerating sharply from an 18.2% rise in the previous month to 395,199 units, according to data from the Society of Indian Automobile Manufacturers (SIAM). The strong performance was attributed to supportive domestic demand, aided by lower Goods and Services Tax rates and the introduction of new models. “India’s auto industry delivered its strongest-ever July sales, with robust double-digit growth across passenger vehicles. This positive momentum, sustained over several months, has continued as the industry enters the festive season with expectations of strong consumer sentiment,” Rajesh Menon, Director General of SIAM, said.

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