Morning Daily - 2016-06-02

Thursday, June 2, 2016
Daily Newsletter
Supported by
acma atma fada siam
Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
Top Stories
• Complete Indian passenger vehicle sales analysis for May 2016
• The Future of Diesel in India
• All car models to mandatorily have airbags, ABS & speed-warning system from October 2018
• Automobile dealers to be exempted from paying TCS
• Amtek Auto close to a deal for Tekfor; explores stake sale in the listed arm
• New launches drive auto sales, companies hope monsoon will increase momentum
• Honda BR-V gets a luke warm response in the first month of launch
• Sri Lanka to curb car imports to manage road traffic
• In Pics: India's best selling vehicles which failed crash test
• Which one you should bet on Maruti or Tata Motors, or both?
• BS VI norms: Govt must ensure homologation is not a bottleneck The Hindu Business Line
• 2.24 million cars recalled in India in the past four years HT Mint
• Mahindra Scorpio And XUV500 To Get Petrol Variants This Year Business Standard
• Mid-range car dealerships fastest growing job segment in top 50 Indian cities: Morgan Stanley
• Petrol prices up Rs 4.47 per litre, diesel Rs 6.46 in last 5 weeks
• These four automakers still selling cars equipped with defective Takata airbags
• Now palm oil becomes major biofuel to power vehicles in EU: Report
• ETAutoTV: Between 5-10% of PVs will have some level of connectivity in a few years: Ashish Gulati, Telit India
• How GM Is Lightweighting Its Cars With Advanced Manufacturing Technology Forbes
• Former GM executive Darwin Clark dies at 78 Automotive News
• When To Say 'Yes' To A Job Or Project Forbes
• How To Make Yourself Work When You Don't Want To Forbes
Industry
• India's GDP growth can touch 8% in FY17 with good monsoon, says FM
• India's growth to remain 'strong'; to hover around 7.5%: OECD
• Bengaluru traffic police planning real-time monitoring of traffic flow
• Manufacturing picks up a tad in May as order books swell
• GDP growth figures impressive but concerns around new methodology continue
• Mahindra auto sales up 10%, farm equipment sales up 23% in May in domestic market
• Tamil Nadu CM Jayalalithaa demands rollback of fuel price hike
• Toyota in talks to buy 2 robotics divisions from Google's Alphabet Inc
• Ford to recall 1.9 mn vehicles in N. America over defective Takata airbags
• Toyota recalls over 4 lakh vehicles in Japan, other regions over defective Takata airbags
• Delhi Jaipur CNG corridor to start operations soon
Policy
• Roll-out of GST to convert India into one common market, says Arun Jaitley
• More economic reforms, policy initiatives on the cards in coming months: Shaktikanta Das
• India to move up rapidly in ease of doing business ranking: Arun Jaitley
• Raguram Rajan likely to avoid any rate cut at June 7 policy review
• Difficult to give timeline for FTA talk conclusion: Australia
Passenger Vehicle
• JLR China sales in fast lane Business Standard
• Tesla Model 3 owners wont get free supercharging for life, says Elon Musk
• Mazda3 global production reaches 5 million units
• Tesla Motors says software update will fix Model X doors
• Nissan recalls nearly 80,000 SUVs for brake light problem
• One-off Ferrari 458MM Speciale Unveiled Business Standard
• Hyundai Motor to launch 200-mile electric vehicle in 2018
Two Wheelers
• Now, you can buy Hero bike on company's website Business Standard
• TVS Motor clocks 11% sales growth in May
• Honda 2wheelers sales grow 18.8% in May
• Hero Electric to launch new model NYX, priced at Rs 29,990, on Paytm
• Hero MotoCorp domestic sales up 2% in May
• Royal Enfield domestic sales up 36%
• Hero MotoCorp extends title sponsorship of Caribbean Premier League until 2018
Commercial Vehicle
• Ashok Leyland registers 6% growth in domestic sales in May
• VECV sales grow 43% in May
• India, World Bank sign $9.2mn agreement for efficient bus service
• ACB launches probe against Delhi govt's premium bus service
Aftermarket
• Why Uber's $3.5 Billion Windfall is Bad News for Some Women Forbes
• Bus aggregation platform Limo gets $50 mn funding from Rainmaker Ventures
• Karnataka HC directs state transport dept not to seize Ola, Uber cabs
• Droom raises nearly Rs 200 cr from BEENEXT, Digital Garage, others
• Volkswagen looks for more revenue from ride-hailing apps, mobility services
• Uber raises $3.5 billion from Saudi investment fund
Auto Components
• Steel Strips Wheels clocks 16% monthly growth in May
• Faurecia honored with three awards at 2016 PSA Supplier Day
Tyres
• Michelin heads to Barcelona for Catalunya Grand Prix challenge
Automotive
• Escorts Agri Machinery reports 10.8% growth in domestic sales in May
• Eicher Polaris expands Kerala footprint with Multix
Oil & Lubes
• Goa govt to reduce VAT on petrol as price goes up
• Indian oil refiners will clear around $6.7 bn of outstanding debt to Iran soon
Invite your friends and colleagues to sign up for this newsletter. Tell them to send an email to join@etauto.com

Add newsletter@etauto.com to your address book to ensure that our mails reach your Inbox. If you do not want to receive this mailer, you can unsubscribe from our mailing list.
2016 ETAuto | Contact Us
ETAuto.com (Times Center), FC - 6, Sector 16 A, Film City, Noida - 201301, Uttar Pradesh, India