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Hindustan Motors reports 10% fall in passenger vehicles production in October

05 Nov 2013 Evaluate

Hindustan Motors (HM) has reported a fall of 9.81% in production of passenger vehicles for the month of October, 2013 at 340 units compared to 377 units in the same month of the last year. In the Light Commercial Vehicle segment, the company has reported production of 15 units in October, 2013 as compared to 17 units produced in the month of October, 2012.

On domestic sales front, the company sold 330 units in the month of October, 2013 as compared to 417 units sold in October, 2012, while the company sold 24 units in Light Commercial Vehicle space compared to 18 units sold in October, 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

17.12 0.13 (0.77%)
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