Business Daily from THE HINDU group of publications Tuesday, Sep 26, 2006 ePaper |
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Corporate
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Standards & Benchmarks HM puts Cosmos on hold Mayur N. Shah
Mumbai , Sept. 25 Hindustan Motors Ltd has suspended production of its RTV Cosmos vehicle (wide-body) variant from the market since August this year. The company took this decision as ARAI (Automotive Research Association of India), the testing agency in the country, had withdrawn the vehicle's roadworthiness certificate for temporary period said company officials. However, the company spokesperson said the necessary application has been given to the testing agency and is likely to get the certificate soon. Technical flaw with the brake system of the vehicle was the primary cause behind the withdrawal. According to officials, the testing agency had asked the company to rectify the problem within a stipulated period given for the necessary modification, however, the company was not able to comply with the period allotted. Officials said the production would be on hold for another two months before the variant could be sold again. The company has two RTV variants (Cosmo and Mini-Cosmo) in the segment. The Cosmo variant is a 15-seater vehicle that has a wide body frame and permits an extension of another 5 seats thus making it a 20-seater vehicle after the necessary R.T.O. (Road Transport Office) approvals. The other variant, Mini Cosmo is a 15-seater variant that's seating capacity cannot be enhanced further due to limited body frame. Together, they notch up sales of 150-200 units per month said officials. The company manufacturers the variants at its Pithampur plant in Indore.
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