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Hindustan Motors reports over 2.4 fold jump in passenger vehicles production in April 2013

03 May 2013 Evaluate

Hindustan Motors (HM) has reported over 2.4 fold jump in production of passenger vehicles for the month of April 2013 at 613 units compared to 251 units in the same month of the last year.

On domestic sales front, the company sold 520 units in the month of April 2013 as compared to 265 units sold in April 2012, while the company sold 14 units in Light Commercial Vehicle space compared to 15 units sold in April 2012.

Hindustan Motors is India’s pioneering automobile manufacturing company manufactures passenger cars, Multi Utility Vehicles and RTV. It also manufactures passenger cars in the mid size premium segment (Mitsubishi Lancer, Lancer Select, and Lancer Cedia) and has brought the Sports Utility Vehicle (Mitsubishi Pajero) into the Indian market, in collaboration with Mitsubishi Motors of Japan

Hindustan Motors Share Price

16.80 -0.32 (-1.87%)
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