KATHMANDU: Volkswagen Group is considering cutting up to 50,000 additional jobs worldwide as part of a broader restructuring plan to improve efficiency and reduce costs, according to global media reports. In an internal memo to employees, Volkswagen CEO Oliver Blume…

KATHMANDU: Hyundai has announced UK pricing for the new IONIQ 3, its most affordable model in the IONIQ electric vehicle lineup. The compact electric hatchback made its public road debut at the Goodwood Festival of Speed ​​ahead of its market…

KATHMANDU: Chinese electric vehicle owners are replacing their cars sooner than they upgrade their smartphones, reflecting the rapid pace of innovation in the country’s EV market, writes Bloomberg. According to a report by the China Association of Automobile Manufacturers (CAAM)…

KATHMANDU: Classic Wheels, the authorized distributor of Crossfire motorcycles in Nepal, has launched the LETBE Flygon 220 in the Nepali market. The company has introduced the motorcycle in two variants, targeting both urban commuters and adventure riders. The Flygon 220…

KATHMANDU: Foton has expanded its after-sales network in Nepal by opening five new Foton Total Care Shield Service Points simultaneously across the country. The new facilities have been established by MAW Vriddhi Commercial Vehicle Pvt. Ltd., the authorized distributor of…