Passenger vehicle wholesales in India are estimated to have registered about 4.7 lakh units in July 2026. This marked an impressive 33% surge in wholesales last month, compared to the same month a year ago; as in July last year, the industry clocked around 3.5 lakh units. This surge in sales came riding on record volumes led by almost all major auto OEMs reporting record domestic sales, signalling resilient consumer demand despite the headwinds coming from price shocks, fuel price hikes, etc.
The continued positive impact of the GST rate cut, reduced repo rate, and tax relief on income of up to ₹12 lakh helped the industry to clock these record numbers. Also, this sales performance in the domestic market ahead of the upcoming festive season boosts the tone of the Indian auto industry.
Maruti Suzuki posts its best-ever domestic PV sales
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Maruti Suzuki, the number one passenger vehicle (PV) manufacturer in India in terms of sales volume, posted its best-ever sales in the domestic market last month. The auto OEM clocked 196,203 units in July 2026 as compared to 137,776 units sold in July 2025, registering a 43.4% year-on-year (Yoy) growth over the corresponding month a year ago.
Maruti Suzuki India Ltd (MSIL) Senior Executive Officer, Marketing & Sales, Partho Banerjee, said the company has witnessed all-round growth across segments from entry-level small cars to SUVs in July. Speaking of the growth drivers for the industry, Banerjee said GST 2.0, repo rate cuts, and income tax relief to entry-level customers have continued to fuel sales since last year. "Fundamentally, these three tailwinds are very much there," he noted, while also adding that alternate fuel CNG models continued to register robust demand.
{{/usCountry}}Maruti Suzuki India Ltd (MSIL) Senior Executive Officer, Marketing & Sales, Partho Banerjee, said the company has witnessed all-round growth across segments from entry-level small cars to SUVs in July. Speaking of the growth drivers for the industry, Banerjee said GST 2.0, repo rate cuts, and income tax relief to entry-level customers have continued to fuel sales since last year. "Fundamentally, these three tailwinds are very much there," he noted, while also adding that alternate fuel CNG models continued to register robust demand.
{{/usCountry}}| July 2026 vs July 2025 wholesales: Top 5 carmakers | ||||
|---|---|---|---|---|
| July 2025 wholesales | OEM | Rank | OEM | July 2026 wholesales |
| 140,570 units | Maruti Suzuki | 1 | Maruti Suzuki | 200,123 units |
| 49,871 units | Mahindra & Mahindra | 2 | Tata Motors | 62,611 units |
| 43,973 units | Hyundai | 3 | Mahindra & Mahindra | 60,048 units |
| 39,521 units | Tata Motors | 4 | Hyundai | 54,210 units |
| 29,159 units | Toyota Kirloskar Motor | 5 | Toyota Kirloskar Motor | 30,516 units |
Homegrown Tata & Mahindra clock double-digit growth
Homegrown auto manufacturers like Tata Motors and Mahindra clocked high double-digit growth in July 2026. Tata Motors Passenger Vehicles Ltd. (TMPVL) reported a 58% YoY jump in domestic PV sales at 62,611 units last month, as compared to 39,521 units recorded in July 2025. Tata Motors' electric car sales surpassed 15,000 units in July. Tata Punch reported its best-ever monthly sales performance.
Another major homegrown automaker, specialising in the SUV segment, Mahindra, posted a 20% YoY growth in utility vehicle sales in the domestic market at 60,048 units last month, as against 49,871 units registered in July last year.
Hyundai & Kia post highest-ever monthly sales
Hyundai Motor India Ltd. (HMIL) retained its fourth position in the sales chart in July, but its numbers have improved. The South Korean auto giant reported its best-ever domestic monthly sales at 54,210 units in July 2026, up by 23.3% compared to the same month last year. Speaking on the sales performance, HMIL MD & CEO Tarun Garg said this was the company's highest-ever monthly volume since inception.
Kia India also reported a 27.4% YoY rise in wholesale numbers at 28,200 units in July 2026, as compared to 22,135 units clocked in the same month last year. It was the Hyundai subsidiary's best-ever July wholesale performance since its inception.
Honda, MG post double-digit growth
Honda Cars India Ltd. (HCIL) recorded over 48% YoY domestic sales growth, with 6,014 units sold last month. The launch of the new City and ZR-V, along with steady sales of Amaze and Elevate, helped the brand to post double-digit growth.
JSW MG Motor India also reported a 22% rise in dispatches to dealers at 8,158 units in July 2026, posting its highest-ever monthly wholesale numbers. This was helped by the continuous traction in its electric car portfolio.
Another carmaker, Toyota Kirloskar Motor (TKM), reported a 5% YoY rise in domestic sales at 30,516 units in July 2026, as compared to 29,159 units recorded in the same month last year.
Nissan Motor India Pvt Ltd. (NMIPL) reported domestic wholesales of 4,518 units last month, as compared to 1,420 units in July 2025.