Peugeot had recently announced a partnership together with the CK Birla group to produce Peugeot autos in India by just 2020 and the next step the firm has taken is to buy the enduring Ambassador brand from its Indian native partner.
The French car-maker is definitely in JV together with the CK Birla Group to assemble and also distribute their person cars in Indian. And now that Peugeot has ordered the car brand within the CK Birla group, the recent cope indicates theres more during the pipeline. Peugeot could be considering reviving the brand having its new offerings as well as striking an India-connect because of the high recall property value the Ambassador could prove to become a smart move through the French car creator.
Ambassador that was used only a decade ago by way of both, the Prime Reverend and the common person was discontinued several years ago. It was several decades ago in the event the Ambassador brand was created by Hindustan Motors. Modelled as the Morris Oxford string II (Landmaster), it was the favourite car in Of india, until Maruti Suzuki came into visibility in mid-1980 and announced the low-priced hatchback, the 900.