Hindustan Motors plans new vehicle with Mitsubishi


NEW DELHI, June 25 (Reuters) - India's oldest car maker, Hindustan Motors Ltd. , launched a new version of Mitsubishi Motor's Montero SUV on Monday, and said it plans another vehicle with the Japanese automaker. Hindustan Motors did not specify the category of the new vehicle nor give any time frame for the launch. India's fast-growing passenger vehicle market is forecast to nearly double to annual sales of 2 million units by 2010. Hindustan Motors makes Mitsubishi's Lancer, Cedia and ...

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