KATHMANDU: Vehicle ownership becomes more expensive as a vehicle gets older. Costs increase due to higher taxes, rising maintenance needs, and lower fuel efficiency. Older vehicles generally deliver poorer performance. They break down more often and offer lower mileage. This…

KATHMANDU: The hatchback car segment remains active in Nepal. Models like the Hyundai Grand i10, Maruti Suzuki Swift, and Celerio once dominated the market. Petrol hatchbacks became expensive due to high taxes and offered limited features. The entry of electric…

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…