On February 10, 2017 India’s oldest and indigenous car makers, Hindustan Motors (HM) sold its Ambassador brand and goodwill to French auto major, Groupe PSA that manufactures and sells brands such as Peugeot, Citroën and DS Automobiles. The step brought mixed reactions with the hopeful management reveling in the strategic move, the worried workers uncertain … Continue reading Ambassador-India’s favourite pre-Liberalisation car for the big Indian family
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