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Old 14th August 2012, 15:10   #91
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Default Re: Hindustan Motors sinking? To report to the BIFR

I think CK Birla and Vijay Mallya are competing with each other!
Both seem determined to "try and soldier on" the more their operational losses pile up !
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Old 14th August 2012, 15:35   #92
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Default Re: Hindustan Motors sinking? To report to the BIFR

The other day I saw an Amby dealership sandwiched between a welding workshop and a sticker cutting shop. Such a sad state of affair.

I was talking to one of my friends and jokingly said that "I will take up walking as a mode of transport if I was forced to drive an Ambassador" .

I really dislike the car and what it represents.

I would be happy to se it go.
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Old 14th August 2012, 16:18   #93
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Default Re: Hindustan Motors sinking? To report to the BIFR

Quote:
Originally Posted by arjab View Post
I think CK Birla and Vijay Mallya are competing with each other!
Both seem determined to "try and soldier on" the more their operational losses pile up !
More than that they are probably using these operational losses to shift their overall corporate tax liabilities for the entire group, more so in the case of the Birlas, I am just guessing. There is no way they can run an unprofitable business for so long prime real estate aside.

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Originally Posted by rrnsss View Post
The other day I saw an Amby dealership sandwiched between a welding workshop and a sticker cutting shop. Such a sad state of affair.
I am anyway surprised to see any Amby dealerships nowadays. The only numbers they do I think is with the Pajero Sport and the Outlander. Most Amby sales are probably affected through direct agreements between some government agencies and the factory.
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