KATHMANDU: MAW Vriddhi, the authorized distributor of Chinese automobile giant Changan in Nepal, is preparing to introduce a new SUV from Deepal in the Nepali market. Produced and marketed in China as Nevo Q05, Changan plans to distribute the compact…

KATHMANDU: In earlier years, the automobile market used to be lively at the start of the festival season. Car showrooms were crowded with customers, and sellers were busy attracting buyers and closing deals. Dashain and Tihar are considered the main…

KATHMANDU: Tesla shares jumped on Monday after Elon Musk bought more than $1 billion worth of the company’s stock. It was his first open-market purchase since 2020. Musk bought about 2.57 million shares on Friday, paying between $372 and $396…

KATHMANDU: Maruti Suzuki has launched its new midsize SUV, the Victoris, in India at a starting price of 1.05 million Indian rupees lakh (ex-showroom). Prices go up to 1.999 million Indian rupees for the top variant. Bookings opened on September…

KATHMANDU: Almost 2,000 government vehicles were burned or vandalized across Nepal during the recent protests, with the highest number in Kathmandu. Many were parked inside Singha Durbar and nearby offices when the violence broke out. A government report shows that…