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More than 15 new car models to launch in Nepal this August

KATHMANDU: Nepal’s automotive market is set for a busy start to the fiscal year 2026/27, with more than 15 new passenger vehicle models expected to debut during the month of August. Most of the launches will take place during the…
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BYD admits selling wrong-year vehicles in Australia

KATHMANDU: BYD Australia has offered full refunds to more than 1,200 customers after admitting it mistakenly sold 2025-built vehicles as 2026 model year cars due to an administrative error, according to ABC News. The issue affected 1,265 customers who purchased…
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Volkswagen eyes up to 50,000 more job cuts in cost-cutting push

KATHMANDU: Volkswagen Group is considering cutting up to 50,000 additional jobs worldwide as part of a broader restructuring plan to improve efficiency and reduce costs, according to global media reports. In an internal memo to employees, Volkswagen CEO Oliver Blume…
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Hyundai reveals UK pricing for IONIQ 3 electric hatchback

KATHMANDU: Hyundai has announced UK pricing for the new IONIQ 3, its most affordable model in the IONIQ electric vehicle lineup. The compact electric hatchback made its public road debut at the Goodwood Festival of Speed ​​ahead of its market…
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Chinese EV owners replacing cars faster than smartphones, says report

KATHMANDU: Chinese electric vehicle owners are replacing their cars sooner than they upgrade their smartphones, reflecting the rapid pace of innovation in the country’s EV market, writes Bloomberg. According to a report by the China Association of Automobile Manufacturers (CAAM)…