Hindustan Motors Ltd Company History

Firms up an arrangement with Ford India Ltd for supply of Engines and Transmissions to them in a phased manner.

Decreases the spare part prices of Mitsubishi Lancer, the prices will be cut down at a range of 30-60% depending upon the spare parts.

Launches a new pick-up vehicle in the two tonne segment in association with an Australia Company.

Receives permission of the Automotive Research Association of India for an LPG powered RTV.

Launches Pajero, nation's first imported utility vehicle rated at Rs. 33.85 lakh.

Maruti Udyog Ltd, Daewoo Motors and Hindustan Motors enters into a tie-up with Rohan Automotive Equipments Pvt Ltd for supply and fitting of LPG dual fuel kits in cars.

Regains its leadership position in the JD power Asia Pacific 2002 India Sales Satisfaction Index study.

HM-Mitshubishi leads the List of Industries in the Sales satisfaction.

General Motors awards a Letter Of Intent to the company for the supply of power units to be fitted into their new model of utility vehicles introduced by them.

Appoints Mr Naresh Chandra as the Director on the Board of the Company.

IDBI nominates R Vasudevan as Director on the Board of Hindustan Motors.

Board decides to accept the offer in terms of public announcements to divest company's holding of 18.00.000 shares in Hindustan powerplus Ltd.

Embarks on exporting the CNG version of its old workhouse 'Ambassador' to Bangladesh

Board decides to delist its ordinary stakes from the Delhi Stock Exchange.

Enters into an alliance with Sundaram Finance, Ashok Leyland Finance and Bank of Punjab to offer loans for the Ambassador car.

Launches new car 'Ambassador Grand'

Truncates its Pajero prices from Rs.33 lakh to Rs.17 lakh.

Slashes the price of Mishubishi Lancer to Rs.6.5 lakh.

Mr. Kranti Sinha has ceased to be the nominee of Life Insurance Corporation of India (LIC) but simultaneously has been co-opted as an additional director on the Board of the Company in his individual capacity both w.e.f. December 15, 2003. Mr. Subhash Chandra Jain has been nominated by LIC on the BOD of the company as a rotational director w.e.f. from the said date.

Hindustan Motors (HM) has launched an upgraded range of the premium mid-size car Lancer Invex

HM launches new variant of Lancer

Launches `LPG Ambassador' on April 19, 2005 in Chennai.

Hindustan Motors Ltd (HM) has inked a pact with Shriram Properties Ltd of Bangalore for the development of an integrated IT township and an auto park in 314 acres of land specifically identified for the purpose at Uttarpara and in accordance with the conditions laid down by the West Bengal Government in its approval order dated September 13, 2006.

Hindustan Motors Ltd. has informed vide its letter dated September 19, 2007 that on resignation of Mr.G N Pareek, Company Secretary, Y Goenka has been appointed as the Company Secretary. The contact details are as follows:- Email ID:

[email protected]

Telephone Nos: 033-2242-0932/0930.

In order to provide financing for its new mini truck 'HM - Shifeng Winner', Hindustan Motors Ltd has signed a three-year pact with Punjab National Bank (PNB) wherea under the MoU, PNB would provide easy and attractive finance schemes for three years to customers purchasing the 'Winner'.

Shri Manoj Jha has been appointed as Managing Director of the Company.

Hindustan Motors launches mini truck

Mr. Uttam Bose has been appointed as Managing Director of the Company.

Registered Office of the Company has been shifted to "Birla Building, 14th Floor, 9/1, R. N. Mukherjee Road, Kolkata - 700001

Hindustan Motors Ltd Signs Memorandum of Agreement with Isuzu Motors India Pvt. Ltd. in Chennai".

Hindustan Motors launched BS IV-compliant vehicle Ambassador Encore.

Hindustan Motors launched its Mitsubishi range dealership in Hyderabad.

Hindustan Motors Ltd. ties up with Raaj Unocal Lubricants Ltd.

Hindustan Motors has signed a deal with United Bank of India.

Hindustan Motors introduces Pajero Sport in India.

Shri. Gautam Dutta has been appointed as a Director of the company.

Hindustan Motors offers VRS for Uttarpara employees.