Anup Baral, Executive Member, NADA Automobiles Association of Nepal The automobile industry is on the verge of collapse as the government has imposed a ban on the import of passenger vehicles, classifying them as ‘luxurious’. Not only has the import ban hit the automobile sector, but the entire automotive industry, from dealers to distributors, spare …
The import ban, according to NADA, has resulted in the closure of 58 dealers across the country, resulting in over 1,000 job losses, with many in the process to shut down the doors of their businesses. the HRM The once booming Nepali automobile sector is facing an existential crisis as the NADA Automobiles Association of …
On the Brink – Automobile Market Facing Big Economic Headwinds Read More »
Sudarshan Pathak The automobile industry is a business with charm and glamour. It is exciting yet so challenging. With the development of infrastructure and the growing per capita income, the demand for vehicles in all segments whether it is commercial vehicles, passenger cars, two-wheelers, or even construction equipment, has increased significantly in Nepal in the …
