|
Online edition of India's National Newspaper Wednesday, June 13, 2001 |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Classifieds |
Employment |
Index |
Home |
|
Business
| Previous
| Next
HM launches RTV in Maharashtra
By Our Staff Correspondent
MUMBAI, JUNE 12. Hindustan Motors (HM) formally launched its all
road trusted vehicle (RTV) model in Maharashtra today, after
successfully launching it in Delhi.
The RTV was launched a couple of months ago and the CNG variant
has been well received in the market where it was launched
resulting in the sale of around 750 RTVs since its launch in
January this year. Following the success of the product, the
company is planning to increase the production capacity for the
RTV at the Pithampur plant near Indore to 750 units a month from
500 units.
Besides the RTV, the Pithampur plant, which has a turnover of Rs.
200 crores, produces Mitsubishi Lancer power units and diesel /
petrol engines and transmission based on Isuzu technology.
According to Mr. B. K. Chaturvedi, executive director, HM, ``The
launch of the RTV in Maharashtra comes after the tremendous
response received by the product in Delhi.
In Mumbai, the company is offering the CNG powered version of the
vehicle with the diesel version also on offer. The CNG RTV will
be available in Mumbai at an ex-showroom price of Rs. 4.94 lakhs.
The factory fitted school bus will be available at an ex-showroom
price of Rs. 5.04 lakhs.
The RTV was originally introduced as a diesel engine-powered
rural transport vehicle but is positioned by the company as its
all road trusted vehicle capable of servicing metros as well. The
RTV prototype was developed with OKA Motors of Australia.
Accordingly, the vehicle is also being positioned in the market
as a point-to-point people carrier, school bus, ambulance and
delivery van.
Send this article to Friends by E-Mail
|
|
Section : Business Previous : Asia gets 44 p.c. more FDI in 2000 Next : Yamaha chalks out India plans | |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Classifieds |
Employment |
Index |
Home | |
|
Copyrights © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu |
|