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…

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…

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…

KATHMANDU: Chery is testing a new iCaur SUV in China, positioned above the V23. The model is widely referred to as the V25, though the name is not yet official. Spy photos show the test vehicle in early development. Unlike…

KATHMANDU: Collision repair costs for electric vehicles declined in the third quarter, even as EV sales surged in the United States. New data from Mitchell, an auto damage technology firm, shows repair costs are now at their lowest level since…