Budget effect: High end cars to become slightly cheaper
In the just announced Union Budget, Indian Finance Minister Pranab Mukherjee proposed to reduce the additional excise duty on big cars with engine capacities of 2,000 cc and above by Rs 5,000 per unit.
This means that high end cars could now become slightly cheaper in the Indian [...]

Hindustan Motors cutting price of their models in the market
Hindustan Motors has announced that they are cutting the price of their various models on sale in the market.
The company had last month announced a similar cut on Ambassador and Mitsubishi Lancer.
Now, they are cutting the prices of its light commercial vehicle [...]

HM-Shifeng Winner: Chinese truck launched by Hindustan Motors
Hindustan Motors has announced the launch of a new truck which has been manufactured by a Chinese company.
This new truck is HM-Shifeng Winner which is co-branded with Chinese auto company Shandong Shefing.
This new model is being manufactured at their Uttarpara plant.
They have priced this new model at Rs [...]

Mitsubishi planning to bring I-MIEV electric car in India

Hindustan Motors has said that they are considering plans to launch the environment-friendly electric I-MIEV in the Indian market.
HM works in partnership with Mitsubishi Motors on their products for India.
Mitsubishi Innovative Electric Vehicle could see a launch in this market within the next three years.
The company [...]