July passenger vehicle sales jump 33% to 4.7 lakh units

India's passenger vehicle market recorded its highest-ever July sales, rising nearly 33% year-on-year to about 4.7 lakh units, driven by lower borrowing costs, income-tax relief, and GST 2.0 implementation. $MARUTI led with a record 1,96,203 units, while Hyundai, Tata, Mahindra, and other automakers also posted strong growth, indicating broad-based market revival. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.