KATHMANDU: The NADA Automobiles Association of Nepal has said that the budget for fiscal year 2026/27 is likely to increase the prices of most types of vehicles in Nepal. The association made the statement while releasing its official view on…

KATHMANDU: Cimex Inc., the official distributor of BYD in Nepal, has rejected allegations that it imported a large number of electric vehicles by leaking government information. In a statement, the company said such claims are baseless and misleading. It stated…

KATHMANDU: Indian carmakers reported strong sales growth in May, even as fuel prices increased due to rising global oil costs linked to the Iran conflict. Market leader Maruti Suzuki recorded a sharp rise in demand for its compressed natural gas…

KATHMANDU: India is preparing to introduce mandatory isobutanol blending in diesel as part of its efforts to reduce vehicle emissions and improve energy security. According to Indian media reports, the policy could be rolled out later this year. V Umashankar,…

KATHMANDU: Nepal’s automobile sector has once again been left assessing the impact of changes announced in the national budget. Finance Minister Dr. Swarnim Wagle presented the budget for fiscal year 2026/27 on Friday, keeping tax rates unchanged for most vehicles…