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Shift towards SUVs leaves small car segment struggling

KATHMANDU: Small cars are rapidly losing market share in Nepal despite lower taxes and multiple model options in the market. Nepal’s car market has long remained small, with annual sales averaging around 12,000 to 13,000 units. However, the share of…
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Soaring gas prices drive Americans toward hybrid vehicles

KATHMANDU: Rising fuel prices in the United States are driving more buyers towards hybrid vehicles. Sales of hybrid cars jumped 37 percent in the two months after the Iran conflict began in late February. According to Motor Intelligence, the growth…
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Hyundai turns 30 in India, eyes growing market in Nepal

KATHMANDU: South Korean carmaker Hyundai entered the Indian market in 1996. Since then, the company has emerged as one of the strongest alternatives to Maruti Suzuki by offering feature-rich vehicles at competitive prices. India has now become one of Hyundai’s…
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MG’s new 530 KM-range SUV goes on sale this Monday

KATHMANDU: MG Motor is set to start sales of the new MG S6 electric SUV in Nepal from Monday. The SUV will be launched by Paramount Motors, the official distributor of MG vehicles in Nepal. The MG S6 will become…