Why is Hindmotor factory closed?

Why is Hindmotor factory closed?

According to media reports, mounting losses, paucity of funds, growing indiscipline, low productivity, were the reasons that led to the plant’s closure.

Why Hindmotor is famous?

The town is prominent as it developed and named, for a Hindustan Motors factory, shared with the neighbouring Uttarpara and Konnagar suburbs. The factory had been in the area, known as Hindmotor colony since 1948 and was the sole manufacturing site of the famous Hindustan Ambassador.

When was Hindmotor factory closed?

Chandrabhushan Singh, who worked in the car AC control before production was unceremoniously suspended on May 24, 2014, says everyone played a part in Ambassador’s, and hence Hindustan Motors’, demise: the owner did not reinvest in the plant; the management didn’t upgrade the technology; and the unions did not care.

What is the price of Ambassador car?

Hindustan Motors Ambassador price starts at ₹ 4.21 Lakh and goes upto ₹ 6.40 Lakh.

Can I buy Ambassador car?

The company, Hindustan Motors that produce the iconic Ambassador car has stopped production owing to lack of demand and mounting losses. It is not possible to purchase a new Ambassador car albeit a used one from the second hand car market or individual can be availed.

Is Hindustan launches new Ambassador?

No plan to launch The “Ambassador” name is currently owned by the Groupe PSA and the group bought the rights of use for around Rs 80 crores from Hindustan Motors.

Is Hindustan Ambassador coming back?

The Ambassador name certainly has a lot of brand value in the Indian market, as the original model was the first made-in-India car that remained in production for the longest time in the country. This car is expected to entre production sometime in August-September 2021 and launch sometime before the festive season.

What is the cost of Ambassador car?