KATHMANDU: Robyn Denholm, the Chairperson of Tesla’s Board of Directors, has denied reports suggesting the company is seeking a new CEO to replace Elon Musk. Responding to a report published by The Wall Street Journal, Denholm wrote on Tesla’s official…

KATHMANDU: Vehicle owners in Bagmati Province no longer need to carry a physical blue book or driving license, as the provincial government has officially launched digital versions of both documents. Prime Minister KP Sharma Oli formally launched the services on…

KATHMANDU: The government has decided to implement the Euro 6 emission standards for internal combustion engine vehicles in the upcoming fiscal year. President Ram Chandra Paudel made the announcement, presenting the government’s policies and programs for the fiscal year 2025/26…

KATHMANDU: Nepal Rastra Bank (NRB) has tightened the loan-to-value (LTV) ratio for vehicle financing by hire purchase companies. As per the revised policy, introduced through the fifth amendment to the Policy and Procedural Framework for Licensing Hire-Purchase Credit Companies, 2013,…

KATHMANDU: The internal rift within the Nepal Automobile Dealers Association (NADA) has taken a fresh turn with the emergence of a rival industry body—the Nepal Automobiles Importers and Manufacturers Association (NAIMA). In a retaliatory move, NADA has demoted its Senior Vice…