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Gen Z movement dampens luxury car sales in Nepal

KATHMANDU: The recent Gen Z movement has created fear among wealthy families who usually buy expensive cars for comfort and status. After incidents targeting personal property during the protests, many have started delaying or canceling their car orders. Dealers of…
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Maruti Suzuki India overtakes Ford, GM and VW in market value

KATHMANDU: Maruti Suzuki India has entered the list of the world’s top carmakers by market value. The company’s market capitalization now stands at $57.6 billion, placing it in 8th position globally, according ET. This makes Maruti more valuable than Ford,…
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BMW unveils second-gen iX3 on Neue Klasse platform

KATHMANDU: BMW has unveiled the second-generation iX3. The new electric SUV is the first model to be built on the Neue Klasse platform and features a fresh design language. The iX3 boasts an upright front end with a vertical kidney…
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BMW Motorrad reveals vision CE electric scooter concept

KATHMANDU: BMW Motorrad has introduced its new Vision CE electric scooter concept ahead of its debut at the Munich Motor Show on September 8. The Vision CE stands out with a unique design that includes a seat with a backrest,…
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BMW set to launch all-electric i1 in 2027

KATHMANDU: BMW is planning to launch an all-electric version of its next-generation 1 Series in 2027. The new model will be called the i1 and will use technology from BMW’s Neue Klasse lineup. It will be more affordable than larger…