Morning Daily - 2016-06-01

Wednesday, June 1, 2016
Daily Newsletter
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Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
Top Stories
• Subros Plant Fire: Maruti to resume production from today
• No plan to extend ban on diesel vehicles to other cities, says NGT
• Petrol price up by Rs 2.58 per litre, diesel by Rs 2.26
• NGT to hear diesel vehicle ban plea on July 9
• Toyota Innova Crysta record 20,000 bookings
• The Jaguar that ate Tata Motors proves expensive folly no more HT Mint
• Suzuki produced half of its global volume in India as carmaker's global sales shrinks for 6 straight months
• Capital goods policy will lead to more investments in machine tools sector: IMTMA
• India's GDP grows 7.6% in FY 2016; 7.9% in Q4
• ETAuto remembers Giuseppe Bertone who in his lifetime designed over 30k cars
• Subros to supply Maruti Suzuki, other customers from its Noida facilities
• Banning diesel cars is a "senseless direction", bereft of scientific merit: Manohar Parrikar
• Diesel ban to impact Make in India, causing financial losses: Centre to NGT
• NGT tells states to submit pollution data within three weeks
• Suzuki's Gujarat plant will be operational in 2017: Chairman
• Tata-JLR to recall 100,000 cars in US
• Automobile Companies cautious about NGT ruling
• Study finds auto executives cooling toward acquisitions
• Now, you can buy Hero bike on company's website Business Standard
• Job growth is coming back in Indian market: Morgan Stanley
• Workaholics More Likely To Have Psychiatric Disorders, Study Finds Forbes
• The untold story behind Saudi Arabias 41 year US debt secret
Industry
• India among 10 rich countries but average Indian quite poor: Report
• April core sector output touches 8.5%; rises for 5th straight month
• Over 6k km highways built in fiscal 2016: PMO
• With China slowing down, India can be very powerful driver: Arun Jaitley
• Over 1.04 cr people skilled in FY16; up 36.8%: Rajiv Pratap Rudy
• Tata Motors signs MoU with Automotive Skills Development Council
• India no more be called a developing country: World Bank
• Normal monsoon to boost agriculture growth: Radha Mohan Singh
• Volkswagen employees get makes flexible working options
• Kia Motors offers fleet of over 400 vehicles for UEFA Euro 2016
• Australia, India looking to expand cooperation in advanced manufacturing
• Suzuki says fewer models affected by wrong mileage tests than first thought
• Audi resumes production at German plant after severe flooding
• Despite falling profits, Volkswagen 'satisfied' with Q1 results
Passenger Vehicle
• Ban on diesel vehicles will hit industry, kill jobs: Panel
• GLC completes Mercs SUV portfolio The Hindu Business Line
• Tata Motors-owned JLR's production passes half million-mark
• Toyota stops production on some lines after blast at supplier plant in Japan
• Volkswagen profits whiplashed by 'dieselgate' scandal
• Volkswagen has fixed only 50,000 diesel cars in Europe - sales chief
• Suzuki blames global financial crisis for testing troubles
• Auto Inc needs 360 degree plan from govt regarding BS VI: Renault India CEO
Commercial Vehicle
• NGT allows registration of diesel vehicles for waste disposal
Aftermarket
• Uber official meets Nirmala Sitharaman in Bangalore, discusses its issues
• Self-drive start-up Revv to hit the fastlane The Hindu Business Line
• Uber, Ola drivers ask for amnesty period of 10 days
• Now, an app to compare taxi fares
Auto Components
• Amtek Auto posts Rs 528.69 crore loss in March quarter
• CCI approves AkzoNobel to acquire BASF SE
• Grupo Antolin opens new plant in Sanand; to supply for Ford, Tata Motors
• EU, Berlin oppose Chinese bid for German robotics maker Kuka
Tyres
• Apollo Tyres raises Rs 325 cr via private placement of NCDs
Auto Technology
• Forest-destroying palm oil powers cars in EU: report
Auto Finance
• Tata Motors shares soar 10% on robust Q4 earnings
• GM announces $14.5 billion revolving credit facility
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