KATHMANDU: Vehicle purchases through bank and financial institution loans have increased in the first four months of the current fiscal year 2025/26 (mid-July to mid-November), according to Nepal Rastra Bank (NRB). NRB data released on Monday shows that hire-purchase lending…

KATHMANDU: BYD has previewed two new high-end models under its Ocean series: the Seal 08 sedan and the Sealion 08 SUV. The company revealed the teaser on December 15 during its 2025 Ocean Day event in China. Both vehicles are…

KATHMANDU: Nepal Rastra Bank (NRB) has tightened rules on vehicle and other retail loans, requiring banks and financial institutions to continuously monitor borrowers’ debt-to-income (DTI) ratios throughout the loan period. In a circular issued on Monday, the central bank directed…

KATHMANDU: China has issued its first conditional Level 3 (L3) autonomous driving permits. The Ministry of Industry and Information Technology announced the approval on December 15. This marks a key step from testing to early commercial use of L3 self-driving…

KATHMANDU: BMW is testing the next-generation X7 on public roads in Germany ahead of a planned launch around 2027. New spy images from Carscoops show that the SUV is getting major design updates, not just a facelift. The front design…