Domestic PV wholesales down marginally at 3,40,772 units in July: SIAM

Domestic PV wholesales down marginally at 3,40,772 units in July: SIAM

Passenger vehicle wholesales in India declined 0.2% year-on-year to 3,40,772 units in July, automobile industry body SIAM said on August 14.

The overall passenger vehicle (PV) dispatches from companies to dealers stood at 3,41,510 units in July 2024.

As per the data issued by Society of Indian Automobile Manufacturers (SIAM), two-wheeler wholesales rose 9% to 15,67,267 units last month, as compared with 14,41,694 units in July 2024.

Three-wheeler wholesales increased 17.5% to 69,403 units from 59,073 units in July last year.

Rajesh Menon, Director General, SIAM said: “All vehicle segments posted stable performance in July 2025, though overall sentiments in the Passenger Vehicles segment has remained subdued so far which de-grew marginally by (-) 0.2%, as compared to July of 2024, posting sales of 3.41 Lakh units in July 2025. Three Wheelers posted their highest ever sales of July in 2025 of 0.69 Lakh units, with a growth of 17.5% as compared to July 2024. Two-Wheeler segment grew by 8.7% in July 2025, as compared to July 2024, with sales of 15.67 Lakh units. With the advent of the festive season beginning with Onam festivities in the latter part of August, the Indian Auto Industry remains cautiously optimistic for the demand momentum to pick up in the coming months.”