Hindustan Motors

HFT Scan: Aarti Surfactants and MCX in focus

Aarti Surfactants and Hindustan Motors closed higher.

Hindustan Motors, European partner complete due diligence for EV project

The joint venture is likely to launch the electric vehicles in the next financial year at Hindustan Motors’ Uttarpara plant in West Bengal.

Hindustan Motors-European co JV likely to launch electric two-wheelers by next year

Financial due diligence of both the companies will start in July, which will take two months, after which the technical aspects of the joint venture will be looked into and this will take another month, Director of Hindustan Motors, Uttam Bose, told PTI.

Hindustan Motors sells Contessa brand to SG Corporate Mobility

The Contessa was one of the few India-manufactured luxury cars in the market when it was launched in the 1980s.

Hindustan Motors' iconic Ambassador to make a comeback in EV avatar

Uttam Bose, managing director and chief executive officer of Hindustan Motors said the estimated investment for the joint venture with the European company would be Rs 600 crore, but the details would be announced next year.

'This was a Birla car' says Vedant Birla after Harsh Goenka lauds revival of Ambassador

Hindustan Motors is collaborating with French carmaker Peugeot on the design and engine of the revived "Amby" -- an electric vehicle version of the iconic car.

No adverse financial impact due to coronavirus pandemic: Hindustan Motors

In view of outbreak of COVID-19 and the subsequent lockdown imposed by the central and state governments, the company is closely monitoring the impact of this pandemic, Hindustan Motors said in a regulatory filing.

Ambassador is all set to make an electric return

It is expected that the first in line will be a compact SUV or a crossover-based car, which will be followed with a premium hatchback.

China's SAIC, Peugeot, global cos line up Rs 10k-cr for India

SAIC Motor, Peugeot, Daihatsu and Kia are some of the global car companies who have cemented their India foray over the next 1-3 years with collective investments of at least Rs 10,000 crore.

Can the Ambassador be India's answer to VW Beetle & BMW Mini?

With a legacy built on decades of trust, the Ambassador — or 'Amby' as it is affectionately called — might just become the brand that could tread the route taken by the iconic Mini, Beetle and Fiat models.

Hindustan Motors up 16% on sale of Ambassador brand at Rs 80 cr

The company has executed an agreement with Peugeot S.A. for the sale of the Ambassador brand and certain related rights to Peugeot S.A for a consideration of Rs 80 crore.

Watch: An interesting 2002 ad that links Peugeot and Ambassador

The commercial features a young man as smashes his Ambassador into walls, has an elephant sit on its hood, and smoothens out its iconic curvy shape with a saw. The end result? The Amby starts to resemble Peugeot's famous 206 model.

Peugeot buys Ambassador: How India's iconic car fell from glory

For more than half a century, the Ambassador was the most recognized car of the country becoming the stately carriage of the prime minister and cab-drivers alike.

Peugeot buys 'Ambassador' for Rs 80cr, few facts you should know

Ambassador, the car which once signified opulence, a sign of prosperity, and power, is changing hands. European auto major Peugeot Friday signed a deal with Hindustan Motors to buy out the brand for Rs 80 crore.

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.

CCI fines Hyundai Rs 420 cr; Reva, Premier also face flak

Coming down hard on carmakers found to be restricting sale of spare parts in open market, fair trade regulator CCI on Tuesday imposed a penalty of Rs 420.26 crore on Hyundai Motor India and asked two others -- Reva and Premier -- to 'cease and desist' from anti-competitive practices.

Isuzu launches automatic variant of MU-7 at Rs 23.9 lakh

Isuzu Motors India on Wednesday launched the automatic variant of its sports utility vehicle MU-7 priced at Rs 23.9 lakh (ex-showroom, Delhi).

Stocks in news: RComm, Kotak Mahindra, Tata Global, Biocon

Kotak Mahindra Bank | Tata Global | HDFC | Wipro | NBCC | Gujarat Gas | Biocon | Bharti Airtel | Bharati Shipyard | Punjab National Bank | Cairn India | Vedanta | Essar Oil | ONGC | GMR and Reliance Communications are stocks, which are in the news today.

Hindustan Motors CEO Moloy Chowdhury resigns

"Moloy Chowdhury, Chief Executive Officer of the company has resigned from the services with effect from close of business hours on June 15, 2015(today)", Hindustan Motors said in a BSE filing.

Isuzu Motors targets 1.2 lk units annual production by 2016

Once the plant at Sri City, Andhra Pradesh gets operational from 2016, the company will scale up production capacity to 1,20,000 units per year, with the accumulated investment of Rs 3,000 crore, company's EVP and Deputy Managing Director Shigeru Wakabayashi said.

Hindustan Motors registers net loss of Rs 8.56 lakh in Q4

The company had reported a net profit of Rs 12.44 crore for the same quarter of the previous fiscal. Net sales stood at Rs 7 lakh for the fourth quarter, while the same was Rs 91.72 crore in the same period of previous fiscal, the company said in a BSE filing.

Bajaj, HDFC frame 'insider trading' codes, others to follow

These firms have formulated a Code of Conduct and a Code of Fair Disclosure comprising practices and procedures followed for fair disclosure and handling of Unpublished Price Sensitive Information (UPSI).