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Tata splits its passenger, commercial vehicle businesses

KATHMANDU: Indian automotive giant Tata Motors has split its passenger vehicle and commercial vehicle businesses into two distinct companies. TATA has already appointed separate leadership for each company. According to Tata Motors, Shailesh Chandra has been appointed as the head…
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KTM’s new owner Bajaj plans to shift more production to Asia

KATHMANDU: Bajaj Auto, the new majority owner of KTM, has hinted that the Austrian motorcycle brand could shift more production to Asia. In an interview with CNBC-TV18, Bajaj Auto CEO Rajiv Bajaj shared his views on KTM’s future strategy. Bajaj…
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Vehicle movement halted in and out of Kathmandu for three days

KATHMANDU: The government has stopped all vehicles from entering and leaving Kathmandu for the next three days. The National Disaster Risk Reduction and Management Authority said the decision was taken because of heavy and continuous rainfall. The highways in and…
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Toyota launches RHD bZ3X electric compact SUV

KATHMANDU: Toyota has introduced the right-hand drive (RHD) bZ3X electric SUV in Hong Kong and Macau. This is the model’s first launch in these regions, where vehicles drive on the left side of the road. In Macau, the bZ3X is…