KATHMANDU: Avatr 12 has been officially launched on April 8 in China. The model is available in seven variants, priced from USD 42,600 to USD 62,900. The sedan comes standard with Huawei Qiankun ADS and features an advanced 896-line LiDAR…

KATHMANDU: NADA Automobiles Association of Nepal has urged the government to introduce incentive policies for the development of the auto component industry. A NADA delegation, led by President Surendra Kumar Uprety, met Revenue Secretary Bhupal Baral at the Ministry of…

KATHMANDU: Hyundai Creta EV has received its biggest discount offer in Nepal so far. The scheme comes as part of the Nepali New Year 2083 campaign. Hyundai’s authorized distributor Laxmi Intercontinental Pvt. Ltd. is offering a cash discount of up…

KATHMANDU: Nepal Oil Corporation has once again increased the prices of petroleum products. According to the corporation, petrol prices have gone up by Rs 17 per liter, while diesel/kerosene has increased by Rs 25 per liter. The price of cooking…

KATHMANDU: The recent Iran conflict has already impacted the global automotive industry, even as tensions begin to ease. Analysts say even a quick end to the war will not prevent a significant sales shortfall in 2027. Shipping through the Strait…