MLR to unveil small car concept at 2010 Delhi auto

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MLR has not acquired Daewoo's facility in Andhra Pradesh. The facility is in Surajkund and that has been acquired by Argentum Motors fronted by BVR Subbu and I think is into contract manufacturing. MLR belongs to M. Lokeshwar Rao and has acquired some very old Fiat designs. Subbu is the consultant, if I am not mistaken but I do not see this company making a headway into Maruti, Hyundai territory. I will be glad if I am proved wrong.

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