KATHMANDU: The US dollar has been rising steadily in recent months. In just six months, its value has increased by nearly Rs 10. This trend is now affecting Nepal’s overall economy, including the automobile sector. Nepal is a heavily import-dependent…

KATHMANDU: Ukrainian forces have converted a BMW 7-Series sedan into a makeshift rocket launcher for battlefield use near Bakhmut city, Ukraine. Images shared on social media show a BMW E38 7-Series fitted with rocket launch tubes mounted at the rear,…

KATHMANDU: Ford Motor has cancelled an electric vehicle (EV) battery supply agreement worth about $6.5 billion with South Korea’s LG Energy Solution, reflecting a broader slowdown in the global EV market. LG Energy Solution said Ford terminated the deal after…

KATHMANDU: Nissan has confirmed the name of its upcoming B-segment MPV for India. The model will be called Nissan Gravite. It will be unveiled in January 2026. The launch is scheduled for March 2026. The Nissan Gravite is based on…

KATHMANDU: Maruti Suzuki India has achieved a major production milestone with the WagonR. The hatchback has crossed 3.5 million units, becoming one of the few models in India to reach this milestone. The Maruti Suzuki WagonR was first launched in…