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Rediff.com  » Business » Mitsubishi Cedia, Montero for India in '06

Mitsubishi Cedia, Montero for India in '06

Source: PTI
December 01, 2005 17:56 IST
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Mitsubishi Motors on Thursday said it plans to launch its sedan Cedia and sports utility vehicle Montero by the first quarter of the next year in partnership with Hindustan Motors.

"We plan to launch the sedan Cedia in January 2006 which will be assembled in India," Hindustan Motors CBU business assistant general manager Sumit Seth said.

The company would be launching Montero in the first quarter of the next year through the completely built unit route, he added.

Mitsubishi, which had recently launched a new variant of its existing model Pajero, is also looking forward to a better performance in 2006.

"We are looking at better volumes in years to come and expect the next year to be buoyant in terms of sales," Sumit said.

The company is looking to augment its present position in the market, he added.

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