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Auto news India - Hindustan Motors news
HM says, its 50% net worth wiped out by losses
Hindustan Motors, one of the oldest car maker of India announced on Monday that it will soon report to the BIFR (Board for Industrial and Financial Reconstruction) as company's net worth has wiped-out
Indian Government to enforce stricter rules on fuel economy
Anumita Roychowdhury, Associate Director, Center for Science and Environment (CSE) said that till date no steps have been taken regarding the fuel economy norms that are lacking in India. The CSE has
Budget effect: Mitsubishi reduced car prices by Rs 6,000
Much awaited demand from car companies fulfilled in the new budget for 2009-10. The Finance Minister Pranab Mukerjee proposed to cut the additional excise duty on big cars, cars having engine capaciti
Mistubishi and Hindustan Motors to cut capex, small car plan on hold
Mitsubishi and Hindustan Motors’ ambitious small car plan is on hold now due to the lack of funds from Japan and poor demand. It forced both the companies to cut capital expenditure (capex) for the cu
Hindustan Motors Launch Plan Ambassador Diesel Model
Hindustan Motors launch New Deisel Engine model of Ambassador. It has been designed entirely on their own at its Uttarpara factory. It contains Diesel Engine plans to launch LPG and CNG versions of th
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