Hindustan Motors is targeting to sell around 2,500 units of the latest premium SUV Mitsubishi Pajero in this financial year, up by 38.88% as compared to 1,800 units sold in last fiscal. The company is also planning to launch variants of the Pajero and diesel powered SUVs ‘Outlander’ and ‘Montero’ this fiscal.
Hindustan Motors had entered into a technical collaboration with Japanese auto major Mitsubishi Motors Corporation in 1998 to manufacture and market the latter's passenger vehicles in the country.
The company, though, had reported a dull performance in production of passenger vehicles for the month of July 2013 at 365 units compared to 429 units in the same month of the last year. In the Light Commercial Vehicles, the company reported production of 26 units in July 2013.
