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: Nissan has confirmed the name of its upcoming B-segment MPV for India. The model will be called Nissan Gravite. It will be unveiled in January 2026. The launch is scheduled for March 2026. The Nissan Gravite is based on…

KATHMANDU: Garow has delivered 25 units of its DT-53 electric scooter to Yango By Driver Mobility Pvt. Ltd. in a single batch. Garow is an electric mobility brand under Classic Wheels Expert & Import Pvt. Ltd. The delivery was made…

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: Electric vehicles continue to dominate Nepal’s passenger car market, accounting for around 70% of total imports this fiscal year. Still, petrol cars are far from disappearing. Data shows a modest rebound, with petrol vehicles now making up about 40%…