Morning Daily - 2016-02-03

Wednesday, February 3, 2016
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Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
Top Stories
• Tata Motors to rename yet-to-launch Zica hatchback
• Hyundai plots sub-4-metre SUV for India, local R&D to take lead duty
• Volkswagen to update engines of over 3 lakh vehicles recalled in India
• Volkswagen apologises to Indian consumers over emissions scandal
• Volkswagen Ameo showcased; the sub-4m sedan to be launched in second half
• Royal Enfield Himalayan unveiled; to be launched in mid-march
• Himalaya has become Enfields spiritual home, says Eicher Motors, MD, Siddhartha Lal
• Are tyre makers driving towards a profit crest? - AutoLogue by Prasad Koparkar | ET Auto
• Suzuki sees threat from Toyota's 100% Daihatsu buyout
• Mahindra & Mahindra completes stake sale in Swaraj Automotive for Rs 24 crore
• Maruti to have more responsibility in developing India specific products: Suzuki Motor Corporation
• Face of India has changed; customers here upgrading to bigger cars, says Hyundai Motor India MD
• Indian tyre industry expected to grow at 4-6% for FY17: ICRA
• Tata Motors plans to train one million youth in 5 years
Industry
• Scooter owner in Ahmedabad gets e-challan meant for Bullet
• Toyota recalls 3,20,000 trucks and SUVs for air bag problem in US
• VW submits fix for 3.0-liter diesels to California officials
• Toyota Motor Credit agrees to pay $21.9mn over racial bias in auto loans in US
Policy
• RBI's Monetary Policy: Key rates remain unchanged
Passenger Vehicle
• Volvo Cars posts 9.4% growth in global retail sales in January
Two Wheelers
• Hero MotoCorp sold over 5 lakh units in January
• Bajaj Auto total sales grew 2% in January
• TVS Motor Company clocks 12% growth in total sales in January
Commercial Vehicle
• DICV launches new generation BharatBenz medium duty trucks, equipped with multi drive mode
Aftermarket
• Uber changes logo, app icon in brand makeover
Auto Components
• Amara Raja Batteries PAT up 33% in Q3 FY16
Automotive
• Escorts reports Rs 20.5 crore profit for Q3 FY16; up 27%
Raw Material
• India Ratings maintains negative outlook on steel sector for next financial year
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