Hindustan Motors Sells Ambassador Brand To Peugeot S.A
A Hindustan Ambassador parked in Goa India, October 1994 (Source: Andrew Bone/ Flickr)

Hindustan Motors Sells Ambassador Brand To Peugeot S.A

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Hindustan Motors Ltd., India’s oldest carmaker, has sold the Ambassador brand and certain related rights to French automaker Peugeot S.A for Rs 80 crore, the company said in a filing to the Bombay ...
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