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Old 7th January 2014, 07:22   #76
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http://www.thehindubusinessline.com/...cle5512678.ece

So mitsu cannot buy the chennai plant. There is a rumor that mitsu will set up a new plant along with Isuzu in which they hold a stake.
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Old 8th January 2014, 15:33   #77
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Default Re: How long before Mitsubishi India shuts shop!!

So HM puts the plant on Sale !
http://indianautosblog.com/2014/01/h...nt-sale-111521
Quote:
Troubled Indian car maker Hindustan Motors is considering putting its Tiruvallur factory up for sale for an amount of Rs 150 Crore and its Japanese business partner Mitsubishi Motors isn’t interested in acquiring the property. The Tiruvallur factory, at present, assembles the Mitsubishi Pajero Sport SUV for the Indian market, along with the Isuzu MU-7 SUV.
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