Publish Date : February 13 2017
Category : Business
India’s Hindustan Motors has sold its Ambassador car to France’s Peugeot for just $12 million (£9.6 million), capping a spectacular downfall for a vehicle once emblematic of the country’s political class.
The CK Birla group, the owners of Hindustan Motors, have sold the car brand to the French auto makers, a company spokesman confirmed on Sunday (12)
Hindustan Motors, India’s oldest car...