News

Bajaj Auto to take controlling stake in Austrian bike company KTM

KATHMANDU: Indian two-wheeler giant Bajaj Auto is set to take control of Austrian motorcycle company KTM AG in a move aimed at reviving the financially troubled company. The $906 million investment will transition Bajaj from a minority stakeholder to a…
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Honda reduces EV investment to focus on hybrids

KATHMANDU: Japanese automaker Honda has announced a strategic shift in its electrification plans by reducing its investment in electric vehicles (EVs) and placing greater emphasis on hybrid technology. The move comes amid a global slowdown in EV demand. Honda—the second-largest…
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TVS announces exchange & finance fair

KATHMANDU: Jagdamba Motors, the authorized distributor of TVS two-wheelers in Nepal, has announced a two-wheeler exchange event titled “TVS Great Grand Exchange and Finance Mela,” which will be held from May 21 to 26 at Bhrikutimandap, Kathmandu. The event offers…
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Record number join Distinguished Gentleman’s Ride  2025 in Kathmandu

KATHMANDU: Over 500 riders on classic and vintage-style motorcycles joined the 2025 Distinguished Gentleman’s Ride (DGR) in Kathmandu, making it the largest event so far. Organized by FORE Nepal and supported by Triumph Motorcycles Nepal, the ride helped raise awareness…