Morning Daily - 2016-05-27

Friday, May 27, 2016
Daily Newsletter
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Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
Top Stories
• ARAI didnt show us any report: VW India chief
• Renault India strategises to lift Lodgys sinking sales
• Car makers need a new business model HT Mint
• How Japans auto sector copes with disasters The Hindu Business Line
• Two-wheelers make more money than four-wheelers Business Standard
• This is what Modi government has planned for its next 3 years of tenure
• Honda Cars gets into consolidation mode The Hindu Business Line
• Commercial Vehicle exports falls due to slowing oil-run economies
• Ashok Leyland reappoints Vinod K Dasari as MD
• AutoLogue: Indian Automotive Industry in the e-commerce era: Ketan Salhotra
• In Pics: Automotive inventors killed by their own inventions
• Humbled Ford India seeks to redraw terms of brand lineage HT Mint
• Volvo Auto issues clarification on compliance with emission norms The Hindu Business Line
• Renault forays into pre-owned car business in India; opens first outlet
• Road transport ministry releases concept paper to take off old vehicle from the roads
• This straddling bus could be future of transportation
• Diesels rapid fall from grace The Hindu Business Line
• India can reach top 50 in Doing Business ranking in few years: Nirmala Sitharaman
• The Man Who Revived Renault and Nissan Wants to Save Mitsubishi Bloomberg
• 5 ways to handle counter-offers
• When the salary hike doesnt match your expectations
Industry
• Rs 30k cr road work to reduce nearly 50% vehicles on Delhi roads: Nitin Gadkari
• India's growth to rise to 8 percent in FY2019: Fitch
• Ensure Indian firms not subjected to double taxation: India Inc
• Govt approves over Rs 5,530 crore for infra boost in 111 cities
• Nezone-Ok Play in pact to make indigenous e-rickshaws
• Narendra Modi government has undertaken 'big bang' structural reforms: CII
• German power firms to partner carmakers in electric future: RWE
• Forget horsepower, Toyota Indiana plant powered by people
• Sharp slowdown in China's growth poses threat to global economy: Raghuram Rajan
Policy
• Labour ministry may take EPFO plan to PMO
• Good policies are essential to India's stability: Raghuram Rajan
• Labour reforms "not essential" for industrial growth: Arun Jaitley
Passenger Vehicle
• With overwhelming response to Kwid, Renault India to start third shift inJune The Financial Express
• Phasing out old cars would declog roads, reduce pollution: Renault India
Commercial Vehicle
• We will be growing at the same level of the market in FY17: CFO, Ashok Leyland
• Scanias innovative simulator for driver training implemented by L&T
• Before entering Delhi, make sure app based shuttle buses have these features
• Committee formed to frame policy for e-rickshaws: Delhi govt to HC
Aftermarket
• Toyota ranks highest in dealer satisfaction in 2016; Maruti is second: Study
• Why automakers are partnering with ride-hailing services?
• BMW India appoints third dealer in Delhi NCR
Auto Components
• Brakes India to invest Rs 180 crore to make turbocharger castings
• Wheels India closes FY16 with nearly Rs 40 crore net profit
• KKR looking to take 60% control of scandal hit Takata?
Tyres
• Kesoram Industries to strengthen its tyre business
Auto Finance
• Tata Motors committee approves to raise Rs 300 cr via NCDs
• Cummins decision to shift production to arm shocks Dalal Street, shares plunge 13%
• M&M to seek shareholders' enabling nod for raising Rs 5k cr
Automotive
• Escorts expects tractor industry to grow by 8 - 10%
Oil & Lubes
• With crude prices rising, what does India have to worry about?
• New trade pact with Iran may be linked to volumes
• If Exxon-ENI deal goes through, BPCL may get a stock re-rating
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