labels: passenger cars, hindustan motors, automotive
Ambassador sales upnews
Our Corporate Bureau
26 November 2004

Mumbai: Hindustan Motors Ltd has registered a significant increase in sales of its Ambassador car this October. The company sold 979 units as compared to 880 units in the corresponding period last year, recording an 11.5 per cent increase. According to a communique from the company, the strong trend in Ambassador's sales has been continuing since the beginning of the current financial year.

Between April 2004 and October 2004, Hindustan Motors sold 6,617 units of the Ambassador compared to 6,301 units in the corresponding period last year, recording a 5 per cent increase in sales.

Commenting on theAmbassador's performance, Soni Shrivastav, general manager, corporate communications, C K Birla Group said, "The growth in sales performance of the Ambassador can be attributed towards the ongoing initiatives taken by the company. Hindustan Motors through continuous research and development has been bringing new variants in the market, which has helped the Ambassador grow in sales"

Comparison of sales figures of Ambassador for October 2004 and October 2003

Period

Ambassador Variant

October 2004

Units sold

October 2003

Units sold

% Increase

1500 cc (Diesel)

521

481

8.3%

1800 cc (Petrol)

198

158

25.3%

2000 cc (Diesel)

260

241

7.9%

Total

979

880

11.5%


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Ambassador sales up