KATHMANDU: Toyota is preparing a strong product lineup for India with plans to launch 15 new and updated models by 2030. The company aims to capture a 10% market share by the end of the decade. According to reports, Toyota…

KATHMANDU: The U.S. and China have agreed to resume shipments of key auto chips from Dutch company Nexperia, ending weeks of disruption in global car production, according to global media reports. The deal was reached during talks between U.S. President…

KATHMANDU: Intense competition has emerged among major commercial banks to provide loans for vehicle purchases in Nepal. As lending rates have fallen in recent months, more customers are taking auto loans, prompting banks to expand credit aggressively in this segment.…

KATHMANDU: Mahindra is set to introduce its new 7-seater electric SUV, the XEV 9S, in India on November 27. The upcoming SUV will be built on Mahindra’s INGLO platform, which also underpins the XEV 9e. The XEV 9S will feature…

KATHMANDU: Preparations have begun for the operation of Nepal’s first Nagdhunga-Sisnekhola Tunnel. The Nagdhunga Tunnel Construction Project has invited international bids to select a service provider for its operation and maintenance. The contract period will be for five years, and…