KATHMANDU: GWM Nepal has announced its festive campaign, ‘GWM Festive Offer – Go With More’, for Dashain, Tihar and other festivals. Under the offer, customers buying the GWM Ora 5 or Haval Jolion Max EV can receive benefits of up…

KATHMANDU: Hyundai has launched the new Ioniq V electric sedan in China, with prices starting at USD 16,400. The model is expected to enter other global markets later. The Ioniq V is available in five variants in China, with prices…

KATHMANDU: The race for the 2027 World Car of the Year has officially begun, with 56 models shortlisted for the first stage of the awards. The list, released by the World Car Awards, includes models from major global automakers. Chinese…

KATHMANDU: Suzuki has revealed details of a new 1.2-liter three-cylinder direct-injection turbo-petrol engine in Japan. The prototype engine produces up to 126 hp and 230 Nm of torque. Suzuki is developing it to run on E100 ethanol, CNG and CBG…

KATHMANDU: Interest rates on auto loans have fallen sharply in Nepal, with some banks now offering floating-rate loans at below 5%. The average base rate of commercial banks has declined significantly, allowing banks to offer loans at lower rates. Some…