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European cars face survival challenge in Nepal, dealers shift focus

KATHMANDU: European car brands that once had a strong presence in Nepal’s mass market are now struggling to survive. Their market share, which remained strong until 2017–18, has sharply declined with the rise of Chinese cars. Brands like BMW, Volkswagen,…
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Gen Z movement dampens luxury car sales in Nepal

KATHMANDU: The recent Gen Z movement has created fear among wealthy families who usually buy expensive cars for comfort and status. After incidents targeting personal property during the protests, many have started delaying or canceling their car orders. Dealers of…
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Rising demand fuels growth in Nepal’s used two-wheeler market

KATHMANDU: In Nepal, two-wheelers are the main means of personal transport. They make up nearly 80 percent of all registered vehicles in the country. According to data from the Department of Transport Management, at the end of the last fiscal…