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The Economic Times

Economy / The Economic Times

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July auto retail sales hit record high on rising rural demand

Vehicle registrations saw a significant 26% year-on-year increase in July. This performance marked the best-ever July for all vehicle segments combined. Two-wheeler sales grew 28%, while passenger vehicles climbed 19% last month. Rural markets outperformed urban centers across most vehicle categories. Electric vehicle adoption also reached new record highs in July.

7 Aug 2026 12:37 am