Overview
- SIAM data released Thursday showed July 2026 production rose 24.8% to 33.71 lakh units while domestic sales climbed 24.3% to 24.11 lakh units and exports jumped 25.1% to 6.77 lakh units.
- Passenger vehicle dispatches led the surge with a 34.3% year‑on‑year rise to 457,810 units, driven by strong sales of utility vehicles and passenger cars.
- Two‑wheelers increased 22.6% to about 19.23 lakh units and three‑wheelers rose 33.4% to roughly 92,560 units, with scooters and mopeds among the fastest growing subsegments.
- Company‑level data showed Maruti Suzuki topping production and domestic sales and electric scooter maker Ather Energy nearly doubling July sales to about 31,044 units, highlighting early EV momentum.
- Cumulative April–July figures show sustained expansion—production up 23%, domestic sales up 22.2% and exports up 31.7%—but the industry still faces risks from tax clarity, local supply fluctuations and uneven export demand that could temper the upcycle.