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FAW is reportedly in talks to acquire stake in GAC

KATHMANDU: China’s state-owned automaker First Automotive Works (FAW) Group is reportedly planning to acquire a stake in Guangzhou Automobile Group (GAC). GAC suspended trading of its shares in Hong Kong and Shanghai on Monday. The company said the suspension was…
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Chinese luxury EV brand Hongqi enters Nepal with EHS4

KATHMANDU : Chinese luxury automotive brand Hongqi has officially entered the Nepali market. Advanced Automobile Pvt. Ltd., under Vishal Group, has introduced the Hongqi EHS4 at the ongoing NAIMA Nepal Mobility Expo 2026. The EHS4 is priced at Rs. 5.999…