About
Hindustan Motors is an Indian automotive manufacturer based in Kolkata, West Bengal, India. It is a part of the Birla Technical Services industrial group. The company was the largest car manufacturer in India before the rise of Maruti Udyog.
On 11 February 2017, Hindustan Motors executed an agreement with Peugeot SA for the sale of the Ambassador brand, including the trademarks, for a consideration of Rs 80 crore. The tie-up entails two joint venture agreements between the companies of the two groups.
On 11 February 2017, Hindustan Motors executed an agreement with Peugeot SA for the sale of the Ambassador brand, including the trademarks, for a consideration of Rs 80 crore. The tie-up entails two joint venture agreements between the companies of the two groups.
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