Showing posts with label C K Birla Group. Show all posts
Showing posts with label C K Birla Group. Show all posts

Tuesday, 14 February 2017

Ambassador brand falls under the hammer

Hindustan Motors, owned by the C K Birla Group, has sold the Ambassador brand name to Peugeot SA in a the deal closed last Friday and said to be worth Rs 80 Crore. Production of Ambassador cars stopped around three years ago.