Tata Motors, Ashok Leyland, Eicher and SML Isuzu: Who Sold the Most Commercial Vehicles in July 2026?

Tata Motors Leads July Sales as Major Commercial Vehicle Makers Report Strong Growth

India's commercial vehicle (CV) industry continued its growth in July 2026, supported by better freight movement, ongoing infrastructure projects, and improving business activity. Leading manufacturers, including Tata Motors, Ashok Leyland, VE Commercial Vehicles (Eicher), and SML Isuzu, reported higher sales compared to the same month last year.

Among them, Tata Motors sold the highest number of commercial vehicles in July 2026, followed by Ashok Leyland, VE Commercial Vehicles (Eicher), and SML Isuzu. While truck sales remained strong across the industry, companies also reported healthy demand for light commercial vehicles (LCVs) and passenger carriers.

Here is how each manufacturer performed during the month.

Tata Motors Sold the Highest Number of Commercial Vehicles in July 2026

Tata Trucks retained its leadership in the commercial vehicle market by selling 39,641 units in July 2026, including domestic and export sales. This marked a 37% year-on-year (YoY) growth from 28,956 units sold in July 2025.

The company sold 33,876 vehicles in the domestic market, recording a 28% increase. In addition, exports grew sharply by 128% to 5,765 units, showing strong overseas demand.

Tata Motors Segment-wise Sales

• HCV Trucks: 8,973 units (up 33%)
• ILMCV Trucks: 6,100 units (up 20%)
• Passenger Carriers: 5,938 units (up 25%)
• SCV Cargo & Pickups: 12,865 units (up 30%)

Among all categories, SCV Cargo and Pickup vehicles recorded the highest sales volume for the company during the month.

Ashok Leyland Secures Second Position with 19,590 Units

Ashok Leyland reported 19,590 commercial vehicle sales in July 2026, registering a 30% YoY growth over 15,064 units sold in July last year.

Domestic sales reached 17,980 units, growing 33% year-on-year. However, export sales declined slightly by 2% to 1,610 units.

Even so, strong domestic demand helped the company post another month of healthy growth.

Truck Sales Continue to Drive Ashok Leyland's Performance

The company's M&HCV business remained its biggest contributor. Sales during July included:

• Total M&HCV: 12,270 units (up 29%)
• Domestic M&HCV Trucks: 9,323 units (up 43%)
• Domestic M&HCV Buses: 1,544 units (up 6%)
• LCVs: 7,320 units (up 32%)

In addition, the strong rise in truck sales reflected continued demand from transport and logistics operators.

VE Commercial Vehicles (Eicher) Reports 15.8% Sales Growth

VE Commercial Vehicles (VECV), the joint venture between Eicher Motors and Volvo Group, sold 8,241 commercial vehicles in July 2026. This was a 15.8% increase compared to 7,115 units sold a year earlier.

Domestic sales stood at 7,575 units, up 18.2%. However, exports fell 11.3% to 470 units. Despite the decline in exports, higher domestic sales supported the company's overall performance.

Eicher Truck Sales Remain Positive

Within the Eicher brand:

• SCV/LMD Trucks: 4,394 units (up 28.9%)
• HD Trucks: 1,916 units (up 13.2%)

Overall, Eicher Trucks and Buses, including electric vehicles, sold 8,045 units, recording 15.9% YoY growth. Meanwhile, Volvo Trucks and Buses sold 196 units, an increase of 12%.

SML Isuzu Reports Higher Sales, Led by Passenger Vehicles

SML Isuzu sold 1,603 vehicles in July 2026, compared to 1,427 units during the same month last year. This represents a 12% YoY increase. Passenger vehicles remained the company's strongest segment.

Passenger Vehicle Demand Supports Overall Growth

Passenger vehicle sales increased 21% to 1,186 units. However, cargo vehicle sales declined 7% to 417 units during the month.

For the April-July FY27 period, the company sold 7,041 vehicles, up 11% from 6,353 units in the corresponding period last year. Passenger vehicle sales rose 19% to 5,515 units, while cargo vehicle sales fell 12% to 1,526 units.

July 2026 Commercial Vehicle Sales Comparison

The July sales figures show that Tata Motors remained the highest-selling commercial vehicle manufacturer, followed by Ashok Leyland, VE Commercial Vehicles (Eicher), and SML Isuzu. In addition, most manufacturers reported strong growth in truck and light commercial vehicle segments, supported by improving market demand and better freight activity.