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Despite price hikes, car sales grew 33% in July 2026

Published 1 Aug 2026

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India’s auto industry has been in a strong bull phase since the reduction of the GST rate in late September 2025. Income tax benefits and repo rate cut have further lifted sentiments, say industry leaders.

Car sales are likely to have grown by a whopping 33% in July 2026 to nearly 4.7 lakh units, despite a sharp rise in fuel prices and multiple price hikes initiated by automakers in the backdrop of geopolitical tensions in West Asia which have disrupte... [2065 chars]

Source: The New Indian Express

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