Total passenger vehicles sales in India jumped 13.1 percent from the previous month to 293,865 units in July 2022, after a 9.9 percent gain in June. It was the second straight of increase in passenger sales, due to loosening Covid-19 measures. On a yearly basis, car sales grew 11.1 percent. " Third hike in a repo-rates in a row, to rein in high inflation, will make auto loans costlier, making it more difficult for entry level vehicles to recover," said Rajesh Menon, Director General Society of Indian Automobile Manufactures. source: SIAM - Society of Indian Automobile Manufacturers
Total Vehicle Sales in India averaged 184843.85 Units from 2002 until 2022, reaching an all time high of 323443 Units in October of 2016 and a record low of 44163 Units in April of 2002. This page provides - India Domestic Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Total Passenger Vehicles Sales - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.