Nepal Automobiles Distributors Association (NADA) Nepal revealed that the vandalism and arson committed by protesters in the Gen Z movement has caused damage of around NRs 15 billion.
In a virtual meeting conducted by the NADA Executive Committee on Friday, the initial estimate of the damage to auto dealers, showrooms, warehouses, spare parts stores and others across the country, including the Kathmandu Valley, was estimated to be around 15 billion rupees, said General Secretary Surendra Upreti.
Karan Chaudhary, President of NADA who is a young entrepreneur, has said that the changes following the Gen Z movement have brought new hopes. He said that while the human and material losses are painful, the time has come to leave the past behind and move forward responsibly.
He wrote on social media that the time has brought opportunities to take Nepal to new heights. He appealed to all citizens to be aware, disciplined and dedicated to serving the motherland.
Moreover, car showrooms were also targeted by the anarchic group on the second day of the Gen Z movement. Around 30 brand new cars were burnt in Thapathali alone, known as Kathmandu’s auto hub.
Cars from Aion, Xpeng, Smart, Hyundai, Mahindra, and Suzuki showrooms in Thapathali were burned. Some protesters even stole new vehicles from the showrooms.
