Morning Daily - 2016-06-03

Friday, June 3, 2016
Daily Newsletter
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Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
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Top Stories
• Extending diesel ban to other cities will hurt Make in India: Anant Geete
• Maruti Suzuki advances plant maintenance closure by three weeks to June 6
• Honda to bring back Accord and Civic saloons to restore its premium image
• To address pollution India will have to go back and adopt diesel tech: Mercedes
• Financing defaults in HCV front are due to two and half years of recession: Ravi Pisharody, Tata Motors
• Maruti's Ciaz, Ertiga get 4-star rating
• Hero MotoCorp appoints new Head of 'Global Product Planning'
• Can Toyota weave its ASEAN magic in India? The Hindu Business Line
• India a key growth market for Two-Wheeler & Powersports, says Bosch
• Luxury cars old and new set to become dearer
• How India patent will help Volkswagen cut productioncost The Financial Express
• Video - Geoff Liersch, Senior Managing Officer, Two Wheeler & Powersports, Bosch | ET Auto
• 10 fastest accelerating cars in the world
• With Mahindra eVerito launch, M&M looks to rise above diesel carcloud The Financial Express
• Surge in CV sales one of the leading indicators of revival in Indian economy
• Mahindra launches eVerito; price starting at Rs 9.5 lakh (ex Delhi)
• Tech Mahindra bags over $75mn deal from Nevada Motor Vehicles Dept
• Govt plans to define norms for All India Permit Taxis
• M&M hopes to reap $1 b revenue from US tractor biz The Hindu Business Line
• Ten Essential Job Responsibilities You Don't Get Credit For Forbes
• 3 Questions You're Most Definitely Allowed To Ask Before An Interview Forbes
• How an Artificial Leaf Could One Day Power Your Car Bloomberg
• 5 ways to improve workplace morale
Industry
• Indian economy to more than double to $5 tn in matter of few years: FM Arun Jaitley
• GDP to grow faster in Q1 on government spending in infra: Industry
• Met department forecasts above normal monsoon for 2016 at 106%
• India's mfg sector faces challenges that can prevent reaching economic targets: Report
• "India need to capture world markets to sustain 8-10% growth rate over next 20-25 yrs"
• Diesel under a cloud again The Hindu Business Line
• Better rains,salary hike to boost demand in auto sector: Fitch
• Nomura says Q4 marks turning point for India Incs earnings
• These major parameters make India lose out to China in competitiveness in auto Inc
• Govt draws up plan to help domestic workers fetch better wages
• Skill training to be scaled up to cover 1.5 crore people
• BMW revamps 'i' electric car division for self-driving tech
• The Indian Consumer Market Will Be Huge, But Very Different From China's: Report Forbes
• Carmakers seek alternatives to UK steel as Tata looks for buyers HT Mint
Policy
• India discuss trade, investments, FTA issues with EU
• GST rate to be moderate, bill likely in monsoon session: Arun Jaitley
• Pay 6% service tax in Rajasthan while travelling in air-conditioned buses of Volvo, Merc
• Govt pushing its reform agenda to make India more developed economy, says Arun Jaitley
Passenger Vehicle
• Mercedes GLC launched in India; priced at Rs 50.7 lakh (ex Pune)
• Mahindra launches KUV100 in South Africa
• Volkswagen India launches special editions of Polo and Vento
• BMW ties up with ICICI to offer motor insurance for customers.
• Mercs midweight champ arrives The Hindu Business Line
• Hyundai Motor plans luxury electric car under Genesis brand: Executive
• Porsche recalls around 14,500 Cayenne vehicles in Russia
• ACEA hikes 2016 EU sales forecast to 14 million passenger cars
• China SUV makers putting lives at risk; selling vehicles without standard safety features
• Safety, technology upgraded in 2016 Ford Focus hatchback
Two Wheelers
• Piaggio revs up for Motoplex ride The Hindu Business Line
• Waiting for Activa will soon be pass The Hindu Business Line
• TVS XL 100 launched in Delhi; priced at Rs 30,174
• Bajaj Auto domestic sales up 9% in May
Commercial Vehicle
• Ashok Leyland sees 15% FY17 growth, despite blip Business Standard
Aftermarket
• In the money, Uber and SoftBank seen ramping up India investments The Hindu Business Line
• I dont wake up to an Uber sign, says Ola CEO
• Uber finally makes inroads in ageing Japan
• How Uber is driving change among India's armed forces with UberFAUJI
• India to get substantial portion of Uber's $3.5 billion Saudi funding
Auto Components
• Nissan to close first Calsonic bidding round by June 10
• France's Valeo to acquire German clutch maker FTE Automotive
• Low costs, right pricing help Suprajit Engineering gain market share
• Ford's 1.0 liter EcoBoost engine, fitted in EcoSport, wins Best Small Engine award
Raw Material
• Comm Ministry extends time to submit responses on alleged dumping of steel
Oil & Lubes
• India's oil imports from Iran fell 3.5% in May as MRPL cut purchases
• Narendra Modi's friendly days with crude oil set to get over; hard times ahead
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