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Hindustan Motors reports 10.06% rise in passenger vehicles production in August

03 Sep 2013 Evaluate

Hindustan Motors (HM) has reported a rise of 10.06% in production of passenger vehicles for the month of August, 2013 at 372 units compared to 338 units in the same month of the last year. In the Light Commercial Vehicle segment, the company has reported sales of 45 units in August, 2013 as compared to 6 units sold in the month of August, 2012.

On domestic sales front, the company sold 335 units in the month of August, 2013 as compared to 365 units sold in August, 2012, while the company sold 37 units in Light Commercial Vehicle space compared to 11 units sold in August, 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

16.44 -0.42 (-2.49%)
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