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Tata Sierra crosses 70,000 bookings on day one

KATHMANDU: Tata Motors has recorded over 70,000 confirmed bookings for the new Sierra on the first day in India. Bookings opened on December 16 with a token amount of 25,000 Indian rupees. The company said another 135,000 customers have selected…
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Honda City mid-cycle update expected in 2026

KATHMANDU: Honda is preparing a facelift for the City sedan in India. This will be the second update for the fifth-generation City, which was introduced in 2020. The updated Honda City is expected to debut in the second half of…
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Dollar rise signals higher vehicle import costs ahead

KATHMANDU: The US dollar has reached a new high against the Nepali rupee. Nepal Rastra Bank set the dollar’s buying rate at Rs 145.35 and the selling rate at Rs 145.95 on Wednesday. This is the highest level recorded so…
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Why Toyota retained the existing platform for the 2026 Hilux

KATHMANDU: Toyota has confirmed that the 2026 Hilux will continue using the existing IMV ladder-frame platform instead of shifting to the newer TNGA-F architecture. Many expected a full redesign, as TNGA-F already underpins models like the Land Cruiser 300 and…
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Commercial vehicles outpace private segment in vehicle loan growth

KATHMANDU: Vehicle purchases through bank and financial institution loans have increased in the first four months of the current fiscal year 2025/26 (mid-July to mid-November), according to Nepal Rastra Bank (NRB). NRB data released on Monday shows that hire-purchase lending…