ON THE FAST LANE: Managing Director of Hindustan Motors, Ravi Santhanam, launching the new Mitsubishi Montero in New Delhi on Thursday. — Photo: S. Subramanium

NEW DELHI: Hindustan Motors on Thursday unveiled its premium sports utility vehicle (SUV) Montero from the Mitsubishi stable.

The 3.2-litre Mitsubishi Montero has a four cylinder in line turbo diesel engine that belts out 165 brake horse power (bhp) and 372.4 Nm (Newton Meter) torque and a five-speed gearbox. "With the Mitsubishi Montero, we are clearly in the niche market. We are not aiming at big volumes in the mass market,'' Hindustan Motors Managing Director R. Santhanam told reporters here.

The company has plans to expand its range of models comprising the Cedia, the Lancer, the Pajero and now the Montero. "We are working on various initiatives for our next launch,'' Mr. Santhanam said. The new model is priced at Rs. 29.70 lakh.

The Montero is the second model from Hindustan Motors this year, after the launch of the Mitsubishi Cedia.

The Montero has a capacity to accommodate seven to eight passengers. The third row or both second and third rows can be removed and to provide huge space for carrying luggage. With a 90-litre fuel tank capacity, the Montero will be distributed through the existing dealer network of Hindustan Motors.

The Montero comes as a completely built unit (CBU) with dual front airbags, four-wheel drive, stability and traction control. — UNI

New Delhi Special Correspondent writes:

Hindustan Motors said that HDFC had been appointed as consultant for sale of a part of its land in West Bengal to private retailers. The company had sought the state government's permission.

"HDFC will be managing the process for us and we are looking to sell around 300 acres of the 740 acres which we have, Mr. Santhanam told media persons here He said the company was awaiting a nod from the State Government before going ahead with the land sale. The proceeds would be used for strengthening its car and auto component business into a vibrant enterprise at Uttarpara, Mr. Santhanam said.

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