HIndustan motors is launching the newest outlander model in september.
also they are going to launch the I-car within 1-2 months of the launch of palio 1.1 (palio will be released in march)
But HM motors is also in dire losses at the moment( which is offset by Mitsubishi turning profitable after being the only loss making Jap company)
So Theres a high probability that HM may launch the new lancer in late 2008 but with probably a new badge.
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