Morning Daily - 2016-06-15

Wednesday, June 15, 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
• General Motors shelves plans to launch Spin; to go ahead with Beat Activ
• Why car recalls are spiking in India Business Standard
• Hiring activity in May jumps 27%; auto Inc up 11%: Survey
• M&M to enter intermediate CV market Business Standard
• Almost every state accepts GST; TN has few suggestions: Arun Jaitley
• Tata Motors-owned JLR opens first fully owned overseas plant in Brazil
• Mahindra to relook into bus business strategy in future
• Car firms collaborate for electric vehicles cause HT Mint
• Govt to acquire land for IOC refinery expansion for BS VI production; to invest Rs 20k cr
• Over one-third of sales staff at Toyota's NCR dealerships quit jobs Business Standard
• VIDEO - Automakers are now taking motorsport seriously: Ashish Gupta, Cougar Motorsports
• Register Yourself for Live Webinar Today on 'How Can Tractor Manufacturers Better Meet Changing Farmers Needs?'
• Shell Lubricants India appoints Mansi Madan Tripathy as its new MD
• No helmet, no fuel rule in Cuttack from July 1
• WPI inflation up at 0.79% in May; manufacturing sector inches up 0.91%
• VW plans to merge components units, conduct asset reviews, report says Automotive News
• 5 questions for retiring GM design chief Ed Welburn
• Electric car startups fuelled by Chinese money aim to catch Tesla
• Top 12 tricks used by F1 participants to break rules and win races
• Should I Tell My Boss I'm Unhappy -- Or Just Leave? Forbes
• How To Motivate Your Lazy Employees Forbes
Industry
• Nitin Gadkari appeals to people to help reduce road accidents
• Delhi transport minister Gopal Rai quits over corruption charges
• Old vehicles ply without tax, registration in RTO blind spot
• Law to provide legal backing for skill framework: Rajiv Pratap Rudy
• OPINION: Why Brexit could be a bigger risk for India than anything else
• Renault opens Innovation Lab in Israel to work on electric vehicle topics
• Ontario to provide C$80 million grant to Fiat Chrysler
• The Biggest Problem With Flying Cars Is the Pilots Bloomberg
Policy
• Arun Jaitley rejects Congress' demand to cap GST at 18%
• GST to be levied at first point of transaction: Model law
• India Inc hails GST law; expects roll out from next fiscal
Passenger Vehicle
• Honda Amaze crosses 200,000 sales milestone
• Delhi: Mahindra XUV500 1.99-Litre Automatic Launched At Rs 14.51 Lakh Business Standard
• Skoda Octavia Gets New TSI Motor And Updates In Europe Business Standard
• Mitsubishi Motors used improper mileage data for other models
Two Wheelers
• Yamaha launches all new Cygnus Alpha with Disc Brake at Rs 52,556 (ex Delhi)
Commercial Vehicle
• Isuzu Motors America produces 30,000th gas-powered N-Series truck at its Spartan plant
• Trucking startups like LetsTransport, Truckola slowly gaining momentum
Aftermarket
• Zoomcar changes track to marketplace model, aims for profitability by 2017
• Delhi based startup Hopcar.in merges with online marketplace for used cars Spinny
• Uber looks at car leasing, invests about Rs43 crore in Xchange Leasing HT Mint
Auto Components
• Govt to assist Kerala in developing Lithium ion battery based vehicles
Tyres
• TVS Tyres becomes associate sponsor of Puneri Paltan for PKL Season 4
Auto Technology
• Nissan to develop ethanol-based fuel cell technology by 2020
• GM introduces new feature to warn drivers that they may have left someone behind
Auto Finance
• No more 'blank cheques' for Malaysia's automaker Proton: PM Najib Razak
• Investor advisory firm PIRC tells VW to reject dividend plans, oppose management board
• Porsche to discuss its strategy for VW's dividend plans
Raw Material
• Govt's Stainless Steel Quality Control Order 2016 is mandatory for everyone: Association
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