Morning Daily - 2016-05-26

Thursday, May 26, 2016
Daily Newsletter
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Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
Top Stories
• Why old vehicles need to be given a clean and timely burial, and how
• Volkswagen awaits approval for its dieselgate fix in India
• Vitara Brezza beats Bolero to become second most sold UV, is Creta next?
• Toyota Kirloskar ready with Plan B to offset salesloss
• Abrupt bans on diesel cars to create socioeconomic problems: Nitin Gadkari
• Can Redi-Go help Datsun brand Rise in India?
• Bosch net profit jumps 23% in FY 16; to invest Rs 770 crore in 2016
• Govt approves Capital Goods Policy, aims 21-million new jobs
• India business confidence dips to 5 month low in May
• Govt plans GST roll-out from April 2017 Business Standard
• Maruti To Focus On Production Of Brezza and Baleno Business Standard
• Why Automakers Are Anxious To Get Onboard With Ride Sharing ETAuto
• In Pics: What exactly is this emissions scandal? Journey so far from VW to Fiat Chrysler
• What manufacturing, banking & macro revolutions mean for Modi and markets
• Eye on future, big carmakers ally with tech
• Royal Dutch Shell to cut another 2,200 jobs
• Mitsubishi Motors brings in new R&D chief, restates results after scandal
• Diesel vehicle ban in Kerala: PIL challenges NGT order
• 10 Things to Do When You Don't Hear Back After a Job Interview Forbes
• 7 Steps To Successful Change Forbes
Industry
• Tata Motors opens its Global Delivery Centres new facility in Pune
• Chinese companies plan big investment across sectors in India
• Top executives from Tata, L&T, Bharat Forge to lead defence strategy panels
• Ford to provide jobs to individuals with Autism
• Toyota says all Japan car plants to operate between May 30-June 4
• Mercedes-Benz uses telco data in Spain to target ads for E-Class
• Fiat Chrysler has no agreement to sell stake to China's GAC
• China to implement world's strictest vehicle emission standards by 2017
• Toyota to expand in Malaysia with $488 million plant
• VW, Audi vehicles concealing a defect that can lead to severe engine damage: US law firm
Policy
• Govt determined to push through GST Bill in next session: FM
• Raghuram Rajan calls on Arun Jaitley ahead of monetary policy
Passenger Vehicle
• Hyundai launches special edition of Grand i10 priced upto Rs 6.63 lakh
• Maserati to recall over 19k vehicles in China
• Ford recalls over 2 lakh F-150 pickups in North America
• German power firms to partner carmakers in electric future: RWE
• Volkswagen India rolls out first Ameo from its Chakan plant
• Google self-driving car project opening Michigan tech center
• Hyundai launches Special Edition of Grand i10, priced at Rs 5.68 lakh (ex Delhi)
Two Wheelers
• Mahindra debuts Mojo on social media with new advertising campaign
• Bajaj Auto Q4 PAT up 29%
Commercial Vehicle
• Buses must install panic buttons; notification on June 2: Nitin Gadkari
• Ashok Leyland net profit falls 66% in Q4
Aftermarket
• Volkswagen invests $300 mn in taxi-hailing app Gett
• BMW invests in ride-sharing app Scoop
Auto Components
• Subros net profit likely to surge in March quarter IIFL
• Wheels India on a roll on recovery in commercial vehicle sales The Hindu Business Line
• Amara Raja Batteries Q4 net up over 6%
Tyres
• Kesoram Inds Q4 Net marginally up at Rs 349-cr
Auto Technology
• Apple explores charging stations for electric vehicles
Auto Finance
• Lohia Auto partners with Induslnd Bank for 3-wheeler retail finance
Raw Material
• Tata Steel workers stage protest in London
• ArcelorMittal S.Africa's Saldanha plant will keep operating: Chairman
Oil & Lubes
• Auction of oil, gas fields with Rs 70K cr reserves from July
• After benefits of cheap oil, India counts cost of reduced Gulf remittances
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