How was July 2022 Auto Sales Data ?
7Commercial vehicle segment continue to take the lead in the month of July followed by passenger vehicle segnent. The rising infra spending is seen to be helping the commercial vehicle sales and for Passenger vehicle segmnet the demand remains strong. 2W sales was also decent with TVS Motors, Eicher Motors and Hero Moto posting almost flat growth on MoM basis bht exception was Bajaj Auto with 26% jump MoM supported by good Exports data. EV sales for TVS and Tata Motors continue to achieve record monthly sales once again. Tractor sales this time showed a growth of double digit on MoM basis and both the companies are hopefull of good sales catch going ahead.
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