LCVs, vans, jeeps output surges 24.04% in eight months

ISLAMABAD, Mar 25 (APP):The production of Light Commercial Vehicles (LCVs), vans and jeeps in the country rose by 24.04 percent during the first eight months of fiscal year 2025-26, reflecting the positive impact of government policies aimed at promoting industrial growth and import substitution.
A total of 28,944 LCVs, vans and jeeps were manufactured during July-February (2025-26), compared to 23,333 units produced in the same period of last fiscal year, according to official data of the Pakistan Automobile Manufacturers Association available with APP.
The growth in output is attributed to policy continuity, improved macroeconomic stability, and facilitative measures introduced by the government to encourage local manufacturing, enhance vendor capacity and ensure smoother supply chains.
During the period under review, truck production recorded a significant increase of 87.86 percent, rising from 2,539 units to 4,770 units, indicating heightened economic activity and expansion in logistics and infrastructure sectors. Bus production also grew by 26.61 percent, reaching 639 units from 493 units last year.
Meanwhile, car production witnessed a notable increase, surging to 104,652 units from 68,708 units in the corresponding period last year. Similarly, the output of motorcycles and three-wheelers rose by 31.20 percent, climbing to 1,266,481 units from 965,274 units, underscoring improved consumer demand and accessibility.
However, farm tractor production declined by 16.53 percent, falling to 18,825 units from 22,554 units, primarily due to sector-specific challenges.
Overall, the upward trend in automobile production highlights the effectiveness of government policies focused on industrial expansion, localization, and economic revival, contributing positively to employment generation, value addition and strengthening of the national economy.