Hindustan Motors open to talks with other auto-makers for Chennai plant

  • by , Photography : kunal khadse   |
  • January 17, 2013
  • 5359
Research more on: Hindustan Motors Models

Hindustan Motors is now discussing with other auto-makers to share the Chennai plant facility which the company had set up to manufacture Mitsubishi's Sedia Lancer, Pajero and Outlander

 

 

Mitsubishi Outlander

 

 

C K Birla auto maker Hindustan Motors (HM) is open to talks with other auto-makers for utilising the surplus capacity at its Chennai plant which was demerged recently. "We are open to talks with other automakers as we have substantial capacity at the Chennai plant. After the demerger, HM will particularly focus on the SUV segment," Uttam Bose, managing director & CEO, HM, told media persons last night.

 

The company set up the Chennai plant to manufacture Mitsubishi's sedan Lancer in technical collaboration with the Japanese car maker. Presently, the Chennai plant sells nearly 2,000 units of SUVs, namely Pajero and Outlander, compared to its installed capacity of 24,000 units per annum. Early January 2013, HM demerged the Chennai plant and transferred to its subsidiary HM Finance Corporation.

 

Elaborating further, Bose said that the Chennai plant was making profits adding that the Uttarpara plant in West Bengal which manufactures the traditional Ambassador car would break even by March this year. He said that this would be made possible by increasing margins and reducing costs. HM plans to sell around 5,000 units of cars and SUV during the current fiscal.

 

Latest Cars

Nissan Micra

Rs. 5.99 to 7.23 lakh

View On Road Price


Volkswagen Tiguan

Rs. 27.99 to 31.39 lakh

View On Road Price


Maruti Suzuki Swift Dzire

Rs. 5.45 to 9.41 lakh

View On Road Price


Upcoming Cars

X-Trail

Est. Price: Rs. 22.60 lakh

July 2017


A5

Est. Price: Rs. 39.00 lakh

July 2017


V90 Cross Country

Est. Price: Rs. 80.00 lakh

July 2017


Best Cars

Renault KWID

` 2.65 to 4.57 lakh

View On Road Price


Maruti Suzuki Swift Dzire

` 5.45 to 9.41 lakh

View On Road Price


Maruti Suzuki Baleno

` 5.28 to 8.69 lakh

View On Road Price