New Delhi, 7th August 2026 – India’s passenger vehicle (PV) market recorded healthy growth in July 2026, with registrations increasing 15.4% YoY to 4.12 lakh units, compared to 3.57 lakh units in July 2025. This growth was driven by continued consumer preference for SUVs, sustained replacement demand, improving vehicle availability, and stable economic conditions supporting personal vehicle purchases. 

However, the market witnessed a decline of -3.8% month-on-month, with registrations moderating from 4.28 lakh units in June 2026 to 4.12 lakh units in July 2026. The sequential decline reflects a normalization in retail activity following stronger volumes in the previous month, while overall demand remains positive. 
Ravi Bhatia, President at JATO Dynamics India, said: "India's July 2026 passenger vehicle market has again demonstrated healthy double-digit annual growth, continuing a trend seen across 2026 to date. This sustained consumer demand indicates market resilience and causes optimism for sustained growth." 

SUVs drive India's July 2026 PV sales forward


Accounting for more than half of all car registrations in India during July, SUV sales have continued a similar trend seen throughout 2026. Combined with hatchback sales, these two sectors account for almost 80% of India's passenger car market alone in July 2026.

Fuel splits remained almost identical compared to the previous month, with petrol vehicles continuing to make up more than half of PV registrations. These are followed by CNG models, accounting for almost a quarter of sales, while electric vehicles, at 8% of registrations, are showing slow but sustained growth 

 

 

India's July 2026 passenger vehicle manufacturer performance

Maruti Suzuki retained its leadership position in July 2026, accounting for 39.4% of total passenger vehicle registrations. The dominant OEM posted a +0.48% YoY market share gain, supported by its broad portfolio spanning hatchbacks, sedans, SUVs, and MPVs.

 

 

 

Tata Motors emerged with one of the strongest gains, increasing its market share to 13.85%, representing a substantial +1.90% YoY improvement. The growth reflects sustained demand for its SUV portfolio and growing consumer acceptance across multiple segments.

Mahindra continued its positive momentum with a 13.49% market share, gaining +0.34% YoY, supported by robust demand for utility vehicles and SUVs.

At the model level, Maruti Suzuki Dzire emerged as the best-selling passenger vehicle in July 2026 with registrations of more than 21,500 units, reaffirming its strong position in the sedan segment.

 

Tata Punch followed closely with over 20,000 units, continuing to benefit from strong consumer preference for compact SUVs, while the Maruti Suzuki Ertiga recorded more than 18,500 units, maintaining its leadership in the MPV category.

The competitive landscape highlights continued leadership by Maruti Suzuki, accelerating gains for Tata and Mahindra, and ongoing market consolidation around SUV-focused manufacturers.

Overall, the Indian passenger vehicle market remains resilient and well-positioned for sustained growth, supported by favourable consumer preferences, expanding model choices, improving technology adoption, and broad-based demand across urban, metro, and rural markets.

 Data source: JATO vehicle registration data as of 1 August 2026. YoY comparison with July 2025. Telangana excluded 

For full rankings, detailed analysis or media enquiries please contact Laura Cameron: laura.cameron@jato.com


Notes to Editor:

About JATO

Founded in 1984, JATO Dynamics is the world’s leading provider of automotive market intelligence. Operating across more than 50 markets worldwide, JATO delivers accurate data and insights on vehicle specifications, pricing, sales and registrations, powering data-driven decisions across the global automotive industry.

Trusted by manufacturers, retailers, leasing and financial services organisations, JATO’s insights support everything from vehicle comparison and digital retail optimisation to the identification of regional and global market trends.

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