KATHMANDU: Laxmi Group is accelerating its expansion in Nepal’s automobile sector with the introduction of three new premium Chinese brands; BAIC, ARCFOX, and JETOUR. The launches are expected to take place at the NAIMA Nepal Mobility Expo 2026, further strengthening…

KATHMANDU: Nepal’s vehicle financing market has recorded its strongest growth in eight years as lower interest rates encourage more consumers and businesses to purchase vehicles through bank loans. According to the latest data from Nepal Rastra Bank (NRB), banks and…

KATHMANDU: Nepal’s automotive market is set for a busy start to the fiscal year 2026/27, with more than 15 new passenger vehicle models expected to debut during the month of August. Most of the launches will take place during the…

KATHMANDU: The government has proposed an interest-free vehicle loan scheme for civil servants, allowing eligible employees to borrow up to Rs 6 million to purchase a vehicle. The loan would be repayable over a maximum period of 20 years, while…

KATHMANDU: Maxus is set to expand its electric pickup lineup in Nepal with the launch of a more affordable eTerron 9 Comfort variant. The model is expected to arrive about a year after the premium eTerron 9 was introduced in…