Overview

• Total auto retail registrations in India declined 4.31% year-on-year in July, driven by a 0.81% drop in passenger vehicles and a 6.48% fall in two-wheeler sales.
• Commercial vehicle and tractor segments bucked the soft market, posting year-on-year gains of 0.23% and 10.96%, respectively.
• Retail electric passenger car registrations jumped 93% to 15,528 units while electric two-wheeler sales remained above 100,000 for the third consecutive month.
• Maruti Suzuki’s Dzire led car sales with a 79.4% surge to 20,895 units, Hyundai’s Creta remained the top SUV despite a 3% dip, and Mahindra’s Scorpio climbed 12%.
• Dealer inventories stood at about 55 days, and industry bodies forecast an upswing in August tied to festival-season demand but caution that US export tariffs, rupee weakness and new safety norms may pose headwinds.