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  • Ambassador brand now gets a new owner in Peugeot Feb 11, 2017 11:20 AM IST

    Ambassador brand now gets a new owner in Peugeot

    The iconic brand Ambassador, which used to be a symbol of the high and mighty in power corridors, has changed hands, with Hindustan Motors selling it to European auto major Peugeot for Rs 80 crore.

  • Exceptional gain powers Hindustan Motors to Q1 profit Aug 04, 2011 03:15 PM IST

    Exceptional gain powers Hindustan Motors to Q1 profit

    Hindustan Motors, maker of the iconic Ambassador car, reported a net profit of Rs 17.20 crore in the first quarter, compared with a Rs 19.73 crore loss a year ago, boosted by one-time gain from profit on sale of immovable properties and investments.

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