Hindustan Motors to launch small car in the next fiscal

Hindustan Motors is all set to launch its small car in the next fiscal. The new sub-four meter small car will be manufactured on the Ambassador platform and will be only in sedan variant. The new car will be cheaper than the Ambassador because of its smaller length, which will attract less excise duty. Its name is yet to be finalized. The initiative will help the company to increase its sales portion.

Recently, to give a boost to the taxi segment, the company has launched BS-IV ‘Ambassador Encore which has been priced at Rs 4.98 lakh. With the launch of Ambassador Encore, the sale of cars by Hindustan Motors has once again opened in 17 cities, where sale of BS-III cars had been banned since April 2010.