Morning Daily - 2015-05-12

Tuesday, May 12, 2015

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Industry|Policy|Passenger Vehicle|Two Wheelers|Commercial Vehicle|Aftermarket|Auto Components|Tyres
Top Stories
A week after CFO, Apollo Tyres director K Jacob Thomas also quits
Royal Enfield acquires design and engineering firm Harris Performance
Domestic car sales up 18.4%; bike sales down 2.3% in April
Tata GenX Nano launch on May 19
Five reasons why rupee fall is good for the economy
Audi Launches RS 7 Sportback at Rs 1.4 crore
Take a look at Audi RS 7 Sportback that goes 0- 100km/h in just 3.9 seconds - Slideshows | ET Auto
GST goes to Rajya Sabha committee, SS Ahluwalia to head joint panel on Land Acquisition Bill
Bajaj Auto looking at 23 percent market share | ET Auto
Mahindra and Mahindra Scorpio registers highest ever annual sales in FY15
Is danger lurking in junkyards?
Tata Motors using Cloud Computing to deliver and service vehicles faster
Ok, So Maybe Tesla's Powerwall Isn't 'Only' For Rich, Green People
Four Questions To Help You Avoid Creating Complexity
Industry
Death toll from defective GM ignition switches rises to 100
Nissan to donate over Rs 53 lakh to Nepal earthquake relief
Passenger Vehicle
China April vehicle sales down 0.5% year-on-year
Volvo Cars picks South Carolina to supply toughening U.S. market
Tesla Investors Unfazed By Battery Project Challenges, Financing Needs
Two Wheelers
Honda Activa: Riding the wave
Maharashtra Scooters: court okays price, asks Bajaj to pay more interest
BMW Motorrad achieves best ever global sales
Commercial Vehicle
Three wheeler maker Atul Auto Q4 PAT grows to Rs 8.63 crore
Aftermarket
Uber tests cash payments for cabs in India to counter rival Ola
Tyres
Apollo Tyres launches Manchester Utd co-branded tyre in India
Auto Finance
Suzuki says profits fell for first time in six years, sees 2015 rebound

Top Stories
A week after CFO, Apollo Tyres director K Jacob Thomas also quits
ETAuto.com
Thomas is the managing director of Vaniampara Rubber, a Kerala based company. He was serving as non-executive independent director at Apollo Tyres  Read more
Royal Enfield acquires design and engineering firm Harris Performance
ETAuto.com
Harris Performance has had a long standing relationship with Royal Enfield and was responsible for the chassis development .  Read more
Domestic car sales up 18.4%; bike sales down 2.3% in April
ETAuto.com
According to data released by the Society of Indian Automobile Manufacturers (SIAM) the sales of passenger vehicles grew by 15.83 percent in April 2015 over the same month last year. Within the passen..  Read more
Tata GenX Nano launch on May 19
ETAuto.com
Tata Motors unveiled GenX Nano on its Facebook official page on 27 April. Since then the car created much speculation regarding the 5-speed automated manual transmission (AMT), it is fitted with. The ..  Read more
Five reasons why rupee fall is good for the economy
ETAuto.com
With inflation under control, this slide may actually give a nudge to the economy thats struggling, although foreign debt-heavy firms will suffer.  Read more
Audi Launches RS 7 Sportback at Rs 1.4 crore
ETAuto.com
The company is expected to announce its next phase of investment along with VW Group in the coming months, which may see some products getting assembled out of Chakan.  Read more
Take a look at Audi RS 7 Sportback that goes 0- 100km/h in just 3.9 seconds - Slideshows | ET Auto
ETAuto.com
Launched in India on May 11 for Rs 1.4 crore (ex- showroom Delhi), the Audi RS 7 Sportback has a V8 4.0 TFSI engine that uses less fuel and emits less CO. Dur..  Read more
GST goes to Rajya Sabha committee, SS Ahluwalia to head joint panel on Land Acquisition Bill
ETAuto.com
The ordinance on land acquisition will be re-promulgated for the second time soon after the budget session ends on May 13, a Union minister said.  Read more
Bajaj Auto looking at 23 percent market share | ET Auto
ETAuto.com
Two-wheeler major Bajaj Auto said on Monday it is looking at increasing its market share in the overall two-wheeler segment to nearly 23 percent from its exis..  Read more
Mahindra and Mahindra Scorpio registers highest ever annual sales in FY15
ETAuto.com
The Scorpio also recorded its highest ever monthly sales in September 2014, having sold 6,060 units.  Read more
Is danger lurking in junkyards?
Automotive news
American Honda is reaching out to thousands of salvage yards and auto recyclers offering to buy up inventories of recalled Takata airbags in an effort to keep them out of circulation. The effort casts..  Read more
Tata Motors using Cloud Computing to deliver and service vehicles faster
ETAuto.com
As of today, all of Tata Motor's customer portals are running on Amazon Web Services' (AWS) public cloud offering.  Read more
Ok, So Maybe Tesla's Powerwall Isn't 'Only' For Rich, Green People
Forbes
Early adopters will include solar devotees, Musk fanboys, arbitrageurs and Hawaiians.  Read more
Four Questions To Help You Avoid Creating Complexity
Forbes
Some people are naturals at simplification. But for the rest of us, reflecting on four questions can help keep us honest about whether we are slicing through complexity, or creating it.  Read more
 Back to top

Industry
Death toll from defective GM ignition switches rises to 100
ETAuto.com
Families of at least 100 people killed in crashes caused by defective General Motors ignition switches will get payments from the automaker.  Read more
Nissan to donate over Rs 53 lakh to Nepal earthquake relief
ETAuto.com
Earlier, Hero MotoCorp and Mahindra and Mahindra helped in the rehabilitation process.  Read more
 Back to top

Passenger Vehicle
China April vehicle sales down 0.5% year-on-year
ETAuto.com
The April decline compares with a modest 3.3 percent year-on-year rise in March, and a 0.2 percent drop in February.  Read more
Volvo Cars picks South Carolina to supply toughening U.S. market
ETAuto.com
Work will begin this year on the factory in Ridgeville, Berkeley County, with production due to start in 2018 and quickly reach 100,000 vehicles a year.  Read more
Tesla Investors Unfazed By Battery Project Challenges, Financing Needs
Forbes
Tesla Motors investors are confident about the prospects for its venture into the home and business battery market, but more cautious observers point to the companys probable need to raise new mone..  Read more
 Back to top

Two Wheelers
Honda Activa: Riding the wave
Business Standard
Honda is set to increase its share of the fast growing scooter segment with its top selling brand  Read more
Maharashtra Scooters: court okays price, asks Bajaj to pay more interest
Hindu Business Liine
Company ordered to fork out WMDC interest on ?46.78 cr at 18% from January 2006  Read more
BMW Motorrad achieves best ever global sales
ETAuto.com
This solid sales growth is due to the new models of the R and S series. Boxer models such as the classic Roadster R nineT, the R 1200 GS Adventure travel enduro are high up in popularity rankings.  Read more
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Commercial Vehicle
Three wheeler maker Atul Auto Q4 PAT grows to Rs 8.63 crore
ETAuto.com
Total income from operations increased to Rs 122 crore as compared to Rs 112 crore, in year-ago quarter.  Read more
 Back to top

Aftermarket
Uber tests cash payments for cabs in India to counter rival Ola
ETAuto.com
Uber said on Tuesday it was piloting cash payments for cabs in the southern Indian city of Hyderabad, in a first for the company globally. Until now, Uber's mobile application around the world has cha..  Read more
 Back to top

Tyres
Apollo Tyres launches Manchester Utd co-branded tyre in India
ETAuto.com
Apollo Tyres today unveiled a special edition of high performance dual branded -- Apollo and Manchester United -- tyres for the Indian market.  Read more
 Back to top

Auto Finance
Suzuki says profits fell for first time in six years, sees 2015 rebound
ETAuto.com
The country's fourth-largest automaker said on Monday operating profit dropped 4.4 percent to 179.42 billion yen ($1.50 billion) in the year ended March, despite a 22.2 billion yen currency gain as th..  Read more
 Back to top

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