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Hindustan Motors News

04 Jul 2022

This 40-year-old restored HM Ambassador gets modifications worth Rs 8 lakh

Mangalore-based custom house has restored an Ambassador The 1981 model Mark 4 Ambassador gets modifications worth Rs 8 lakh New petrol engine, Pioneer audio system, electric seats are some changes

Hindustan Motors

03 Jul 2022

Ambassador carmaker Hindustan Motors to launch electric two-wheelers by 2023

Hindustan Motors may manufacture electric two-wheelers by 2023 Expects to set up a new joint venture with a European partner HM might look at making electric four-wheelers at a later date, official said

22 Jun 2022

Confirmed! Contessa to make a comeback, HM transfers brand to THIS company

Contessa was a premium sedan sold in India The brand was owned by Hindustan Motors On 16 June HM signed a brand transfer agreement

08 Jun 2022

Hindustan Ambassador: Launched in 1957, here’s how much it costed back then

Hindustan Ambassador debuted for the first time in 1957 Hindustan Motors launched 7 generations of the Ambassador All-new model of the Hindustan Ambassador is in the pipeline

29 May 2022

Is new Ambassador electric vehicle really making a comeback? Here's the truth

Hindustan Ambassador is likely to arrive by 2024 An ICE model will reach the market first, followed by an EV Groupe PSA currently owns the Ambassador brand

02 Jun 2022

Here's how the upcoming new HM Ambassador electric car can look like: IN PICS

The Hindustan Motors Ambassador once held 75% market share in the Indian automobile market, and faced a tough challenge from more affordable and smaller cars like the Maruti 800.

04 Jun 2022

Hindustan Motors Ambassador to make a comeback in India as electric vehicle?

Hindustan Motors will first focus on producing electric two-wheelers The production will be later shifted to electric cars The vehicles will be manufactured at the Chennai plant

11 Feb 2017

Hindustan Motors sells Ambassador to Peugeot for Rs 80 crore

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.

06 Oct 2014

ICICI Bank acquires 5.15% stake in Hindustan Motors

Private sector lender ICICI Bank has acquired a 5.15 percent stake in Hindustan Motors as part of settlement with the cash strapped maker of the iconic Ambassador car.

Hindustan Motors

28 Aug 2014

Hindustan Motors examining CCI order; to take appropriate steps

Automobile maker Hindustan Motors on Thursday said it is examining the order by the Competition Commission of India levying a fine of Rs 13.85 crore on the company, and would take "appropriate steps" to protect its interest in this regard.

26 Aug 2014

Auto stocks down after CCI penalty on 14 car makers

Auto stocks on Tuesday fell by as much as 3 percent following the Competition Commission imposing a penalty of Rs 2,545 crore on 14 car makers for violating trade norms in the spare parts and after services market.

07 Jun 2014

Hindustan Motors terminates 240 managerial staff

India's oldest car maker Hindustan Motors, which declared suspension of work at its Uttarpara plant on May 24, has terminated the services of around 240 managerial staff.

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