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Hindustan Motors cuts SUV prices on excise duty cut Jul 07,2009
Auto maker Hindustan Motors Ltd (HML) said on Monday it would cut prices of some of its sports utility vehicles (SUV) by 6,000 rupees per unit, after India cut excise duty on large cars and vehicles.
 
For the complete news item visit Reuters.com
 Related News
HM rolls out first 'Chinese' mini-truck in India Dec 03,2008
Hindustan Motors (HM) of the CK Birla group today sprung a surprise by launching, what it claimed, the first Chinese vehicle in India. The auto company rolled out a 1-tonne-capacity mini-truck produced under licence from Shandong Shifeng in the Shandong province of China. Priced below Rs 4 lakh, the vehicle is named the HM-Shifeng Winner.
 
For the complete news item visit Business-standard.com

Hindustan Motors looks at components business for revival Nov 14,2008
Hindustan Motors, maker of the Ambassador, for long the iconic Indian car, is moving ahead to become more of an automobile component manufacturer than developer of new models, according to a top company official.
 
For the complete news item visit Hindu.com

Hindustan Motors posts $3.6 mn loss Oct 22,2008
Hindustan Motors Ltd, part of the CK Birla group, has posted a net loss of $3.6 million for the second quarter this fiscal, compared to $62,000 in the year-ago period. "Rising input costs, foreign exchange rates and paucity of retail finance have impacted the quarter's performance," a company statement said Tuesday.
 
For the complete news item visit Freshnews.in



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