Hindustan Motor Ambassador has been sold to Peugeot
By Bilal Ahmed Firfiray7 years ago
Hindustan Motor has sold the iconic Ambassador brand to Peugeot for an agreed sum of Rs 80 crore. The C.K. Birla Group formalised the deal with the the French manufacturer, PSA Group, for the sale of
Iconic HM Ambassador set to add limelight to Independence Day
By Nikhil Puthran8 years ago
The Ambassador from Hindustan Motors had been India's pride in the automotive segment. Hindustan Motors established in 1942 rolled out its very first car Ambassador in 1957. The vehicle was
Moloy Chowdhury, Chief Executive Officer at Hindustan Motors resigns
By Nikhil Puthran8 years ago
Automobile manufacturer Hindustan Motors, maker of the now discontinued 'Ambassador' car, today said its Chief Executive Officer Moloy Chowdhury has resigned with immediate effect.
Vintage cars that might be seen in India on Independence Day
By Roger Dsouza9 years ago
Independence Day is an occasion that symbolises the sheer existence of our nation and its progress over the years. Celebrated with a lot of fervour throughout the country, Independence Day, the
Hindustan Motors makes upfront payment of Interim wages
By Nikhil Puthran9 years ago
Once a big player in the Automotive sector Hindustan Motors now seem to diminish rapidly with the end of production for the vintage classic Ambassador. Work at the Uttarpara plant was stopped on
Hindustan Motors terminates production of Ambassador
By Aditya Chatterjee9 years ago
Owing to multiple reasons contributing towards descending circumstances at Hindustan Motors manufacturing unit located in Uttarpara, the company has stopped production of Ambassador. The Uttarpara
Hindustan Motors restructures upper management with assistance from consultants
By Nikhil Puthran10 years ago
Tough times does not seem to end for Hindustan Motors in the country. Recently four top offcials from the company have resigned from the company for unknown reasons - Mr. Kranti Sinha, Director of
Hindustan Motors Ambassador - Vintage sedan with a fresh face
By Nikhil Puthran10 years ago
Good old car Ambassador from Hindustan Motors seems to be stuck in a time warp. The car was once synonymous as an ideal mode of commute. Built to last and ample space was its unique selling
Hindustan Motors reassess its strategies owing to market slowdown
By CarTrade Editorial Team10 years ago
Current slowdown in the Indian auto market has affected almost all companies largely. The impact is so adverse that companies are reconsidering its policies to revive itself from the tumbled
Hindustan Motors records 20.8 per cent decline in sales for October, 2013
By CarTrade Editorial Team10 years ago
Since the auto market in India is facing a tough time as the declining demand has marred the growth prospects of major car companies, Hindustan Motors too has fallen prey to the same. CK Birla