 | |
| Company type | Public |
|---|---|
| Industry | Automotive |
| Founded | 1942 |
| Founder | Brij Mohan Birla |
| Headquarters | Kolkata, India |
Key people |
|
| Products | |
| Revenue | ₹ 30 crore (US$ 3.5 million) (2024) |
| Owner | S Parmar |
| Divisions | Hindustan Motorcycles |
Hindustan Motors is an Indian automotive manufacturer based in Kolkata. It is a part of the Birla Technical Services conglomerate. Hindustan Motors was the largest car manufacturer in India before the rise of Maruti Udyog. Hindustan Motors manufactured the Ambassador and Landmaster motorcars (based on 1956 Morris Oxford series III), both immensely popular Indian automobiles from 1957 to 2014.[1]
One of the original three car manufacturers in India, founded in 1942 by Mr. B.M. Birla,[2] it was a leader in car sales until the 1980s, when the industry was opened up from protection. Manoj Jha was the managing director who stepped down from the post on 21 February 2012.[3]
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 ₹80 crore.[4] The tie-up entails two joint venture agreements between the companies of the two groups. The new Ambassador model is likely to be rolled out in December 2024.[5]
- ^ "Hindustan Motors terminates 240 managerial staff". Indian Express. 7 June 2014. Archived from the original on 10 December 2016. Retrieved 7 June 2014.
- ^ "Hindustan Motors map, Hindustan Motors india, Hindustan Motors Limited, First Indian Car Company". Business.mapsofindia.com. Archived from the original on 20 May 2011. Retrieved 18 April 2011.
- ^ "Hindustan Motors MD Jha resigns". The Hindu. Chennai, India. 23 February 2012. Archived from the original on 6 March 2012. Retrieved 23 February 2012.
- ^ Scroll Staff. "Hindustan Motors sells Ambassador brand to Peugeot for Rs 80 crore". Scroll.in. Archived from the original on 12 February 2017. Retrieved 11 February 2017.
- ^ Ambassador 2.0: The Return of India’s Iconic Car After a Decade