Auto sales hit 19,818 units in July

Dawn reported that car, pickup, van and jeep sales climbed 79 per cent year-on-year in July to 19,818 units, though they dropped 13 per cent from June. The annual gain was attributed to new market entrants, fresh product launches and a strong rise in auto financing. Analyst Myesha Sohail of Topline Securities linked the monthly drop mainly to doubts over a new auto policy.

Demand for two- and three-wheelers rose 38 per cent to 172,416 units in July. Atlas Honda Ltd (ATLH) accounted for 150,063 of those units, up 43 per cent year-on-year. Truck sales jumped 169 per cent to 854 units and bus sales rose 14 per cent to 65 units, while tractor volumes edged up 4 per cent to 1,242 units. Suzuki Alto sales also climbed sharply, reaching 7,217 units from 2,327 a year earlier.

Across 11MFY26, overall vehicle sales were 47 per cent higher than in 11MFY25, the report noted. Dawn also highlighted a notable change in buyer preference, with hybrid and electric models gaining ground over conventional combustion-engine vehicles during that period.