Morning Daily - 2016-06-11

Saturday, June 11, 2016
Daily Newsletter
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Industry | Policy | Passenger Vehicle | Two Wheelers | Commercial Vehicle | Aftermarket | Auto Components | Tyres
Top Stories
• In a first, Tata to groom 300 women leaders for top posts across group companies
• Kerala HC stays NGT's ban on diesel vehicles older than 10 years
• Renault Nissan workers at Chennai plant to get highest pay in auto Inc with 57% increase in wages
• Yamaha's UP plant workers stage protest, seek wage hike
• April IIP down 0.8%; manufacturing sector declines by 3.1%
• With Toyota adopting work from home, lets take a look at some of the employee rules we wish become a reality in India
• Govt appoints panel to redesign helmets suitable for smaller Indian head sizes
• Where does India stand in terms of taxes?
• India to become first among global markets in 2017 to reach $1 trillion
• Visteon appoints Steven Fitzgerald as VP, Chief Human Resources Officer
• Pune brothers bring out waterless car washing
• Five Outdated Leadership Ideas That Need To Die Forbes
• Five Signs Your Boss Wants To Fire You Forbes
Industry
• India to contribute 4.9% of world GDP by middle of next decade: HSBC
• Rs 25,500 crore highway projects under stress: India Ratings
• Owing to outcry over Renault Chief's salary, French parliament decides shareholders must set bosses' pay
• Nissan considers legal action against Brexit group over logo use
• Centre to invest Rs 75k cr to augment highway infrastructure in UP
• Brexit to be most disruptive event for financial markets since Lehman Brothers collapse
• No safety defect in Model S or Model X; no probe by NHTSA: Tesla Motors
• India's surging economy bets big on SMEs
• Government to invest Rs 25 lakh crore in inland waterways, ports: Nitin Gadkari
• After criticism, Toyota reveals list of vehicles affected with defective Takata inflators
• Fiat Argentina removes handbook seen as misogynistic
• Tesla Motors to revise customer repair agreements
• Audi global sales up 6.7% in May
• Formula One: Ferrari not expecting miracles from engine upgrades
• Mitsubishi Motors to hire outside auditor to monitor its scandal hit tech div
• Three-day auto expo in Coimbatore
Passenger Vehicle
• Daimler to unveil long-distance electric car in October
• Mercedes Benz receives order for 550 Sprinter vans from food retailer ASDA
• 2017 Acura NSX to make its North American racing debut
• GM to add 1,000 jobs in Canada, invest $10 million
• Tesla is Betting You will Pay $9,000 for a Software Upgrade Bloomberg
• At Audi R8 V10 Plus wheel, Joe King shares 10-yr India roadmap withFE The Financial Express
• BMW sales rise but China growth keeps Mercedes ahead
• Volvo Cars wins Brand Design Language Award 2016
Aftermarket
• Bengaluru transport dept issues state permits to 100 Ola cabs
• Estonia to become Europe's first country to legalise ride sharing cos like Uber
• Uber and strippers have something in common HT Mint
• Kenya's Safaricom to launch local rival to Uber
• Pennsylvania to reconsider record $11.4mn fine against Uber
Auto Components
• Magna manufacturing div in Czech Republic receives PSA Best Plant Award
• Magna receives 2015 Honda Brazil Supplier Award
Oil & Lubes
• Petrol sells at 100/litre in Imphal
• Oil price of up to $60 will not hurt fiscal maths: Jayant Sinha
• India's gas importers are benefiting from easing prices of LNG: Nomura
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