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Chinese Carmakers overtake South Korean brands in Western Europe

KATHMANDU: Chinese automakers outsold South Korean brands in Western Europe, including the U.K., for the first time in September. Data from Schmidt Automotive Research showed Chinese brands took 8% market share, narrowly ahead of South Korea’s 7.8%. In October, China…
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Chinese EVs force global brands to rethink luxury

KATHMANDU: The global luxury car market is changing at a pace not seen in decades. Chinese electric vehicle manufacturers are no longer just competing on price. They are redefining what modern luxury means by delivering strong performance, advanced technology, and…