Morning Daily - 2016-01-29

Friday, January 29, 2016
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Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
Top Stories
• Maruti Suzuki disappoints with its December quarter numbers; rough ride ahead?
• 'We are going for product-led brand transformation', says Ford India MD Nigel Harris
• Government initiatives like Make in India, Smart Cities likely to create over 5 lakh new jobs in FY17
• State of Indian Automobile Industry - Quarterly Review Q3 FY16 - SIAM | ET Auto
• Ford India unveils its much awaited sports car Mustang; to be launched in Q2 of 2016
• Forget riding a Yamaha motorcycle, lets now drive a Yamaha car | ET Auto
• Volkswagen to unveil Polo GTI on Feb 4 at Auto Expo 2016
• Time has come for Takata CEO Shigehisa Takada to leave company?
• Harley Davidson launches new 2016 Sportster 1200 Custom; priced at Rs 8.9 lakh (ex Delhi)
• Govt to impose Rs 5,000 fine on polluting trucks entering Delhi
• Tata Motors' JLR launches new 2016 XJ; priced at Rs 98.03 lakh (ex Mumbai)
• Govt to scrap about 6 highway contracts for not constructing even 1km roads
• 5 Tips To Survive Anything At The Office
• The 12 Ingredients Of Working Happier (And Better)
Industry
• Maruti Suzuki India's PAT up 27.1% in Q3 FY16
• Govt to award 19 stalled road projects worth Rs 40k cr by March 2016
• Post lifting of sanctions, Renault looking to intensify its operations in Iran
• Government developing waterways to ease traffic on road: Nitin Gadkari
• Volkswagen Chief cast doubt on media reports saying managers are involved in emissions scandal
• General Motors' Opel recalling models for steering problems
• Government plans to award 10,000 km of road projects by end of fiscal 2016: Arun Jaitley
• US judge asked to halt GM ignition-switch settlement
Policy
• Everyone is in praise of Odd Even Formula; this time its DTC
Passenger Vehicle
• Lamborghini surpasses 3,000 units sales mark for first time in 2015 | ET Auto
• Datsuns makeover with Go-Cross
• Vintage car connoisseurs move NGT seeking its nod for rally
Two Wheelers
• Suzuki recalls more than 68K motorcycles in US over stalling risk
• Harley-Davidson reports 43.3% fall in quarterly profit
Commercial Vehicle
• Redefining the roadmap for Ashok Leyland
Aftermarket
• Uber, Ola, other cab operators have to be regulated: AAP told Delhi HC
• Chennai's autorickshaw aggregator AutoRaja winding up services, existing fleet joins Ola
• Bus aggregator Shuttl completes one million rides across NCR within 6 months of inception
• M-Taxi partners with Paytm to integrate payment wallet in its app
• Hella India Lighting organises Road Safety Week
• Uber rival Grab expects its services to turn profitable in 2016
Auto Components
• Rane Brake Lining records 81 percent jump in PAT for Q3 FY16
Auto Finance
• Mahindra & Mahindra appears to be among the best contrarian bets in auto space in 2016
Automotive
• Sonalika Tractors aims to earn over $1,300 mn by 2020
Raw Material
• Crisis in European steel market taking toll on global ambitions of Indian producers
• Govt likely to impose anti dumping duty of 44.7% on imports of plastic processing machines
Oil & Lubes
• Govt proposing state run oil companies to locally source certain percentage of goods & services
• Government may re-impose 5% customs duty on crude oil imports to shore up revenue
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