The Ambassador becomes cheaper

Wednesday, December 10th, 2008 930 Views

Hindustan Motors Limited has announced price cuts on the Ambassador, thanks to the reduction of CENVAT by 4%.  HML will also reduce the prices of the Mitsubishi models, once the excise duty is reduced.

Will cheaper cars help drive sales?

Wednesday, December 10th, 2008 1,328 Views

With the current global market going through a bad phase, the US car market declined by 37% in November 2008, hitting the lowest in the past 26 years, with the three giant auto makers- General Motors, Chrysler and Ford’s sales figures declining by more than 40%. The current US car ...