Morning Daily - 2016-06-23

Thursday, June 23, 2016
Daily Newsletter
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Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
ETAuto Focus: Off-Highway Vehicles
• Polaris slashes ATV prices by half as import from China begins
• JBM expects revenue from off-highway to increase 3-fold in five years
Top Stories
• Top 10 passenger vehicles in May; Innova Crysta outsells Creta
• Buyers from small town boost sales of super bikes like Harley Davidson, Ducati and others
• Tata Motors Jaguar Land Rover fears losses from Brexit: Report
• HMSI focuses on production expansion in Gujarat plant
• What You Might Pay For Ford Mustang In India Business Standard
• Honda Motorcycle to invest Rs 600 cr in Karnataka plant Business Standard
• Ban on big diesel cars, SUVs not the right way: Prakash Javadekar
• Force Motors opens Rs 100 cr facility in Pune for supplying engines to Mercedes Benz India
• Chhattisgarh to ban old heavy vehicles
• Honda 2 wheelers gives India its first motorsports help line
• Ola recorded loss of Rs 796 crore for FY15
• BASF India's parent firm to buy Germany's Chemetall for $3.2 bn
• Palladium demand in autos to hit record in 2016
• Bosch establishes research office in Tel Aviv
• Volkswagen chief Matthias Mueller apologises to shareholders over emissions scandal
• 5 Signs You're Way Too Stressed (And You Don't Even Know It) Forbes
• 4 Easy Ways Anyone Can Start Developing Leadership Skills At Work Forbes
Policy
• Govt advises states to put upper limit on fares for cab aggregators like Ola,Uber
• Now, GPS mandatory for goods vehicles in Andhra Pradesh
Industry
• Govt approves Rs 2,272 cr highway project in Karnataka
• RBI may get new chief before Parliament's monsoon session
• India working to boost engineering shipments to Russia
• Auto traffic can enable Indian Railways earn revenue of Rs 2,500 cr per annum
• Kuka's robotics boss welcomes prospect of Chinese ownership
• Tesla's Elon Musk says "zero doubt" on buying SolarCity
• Fall in China deliveries, led to slowing of global industrial robot sales
• Scandal-hit Mitsubishi Motors eyes $1.4 bn loss for first time in eight years
• Brand image in Japan tarnished by series of recalls, says Honda Motor
• Daimler to speed up e-mobility drive against Tesla, BMW
• VW says Herbert Diess under investigation; sees no evidence of market manipulation
• 'Star Trek' actor's death prompts new calls to fix flaws in US auto recall system
• Porsche to back endorsement of VW's former management at AGM
Passenger Vehicle
• Fiat Chrysler speeds recall fix for 1.1 million rollaway vehicles
• Honda BR-V receives over 10,000 bookings since launch
• Land Rover announces experience tour for its customers in Aamby Valley
• Car quality improves even as new technology is introduced
• Lamborghini Found A Better Way To Make Cars And It's Going To Share Its Secrets With VW, Audi Forbes
• Fiat Offers Exciting Benefits On Linea, Avventura And Punto Evo Business Standard
• Elon Musk sees $1 trillion Tesla as shares drop over SolarCity deal
• Ford India announces Monsoon Service Camps
• Volkswagen gets approval for technical fixes on another 1 million diesel cars
• Volkswagen to recall over 5k vehicles for defective sunroofs in China
Aftermarket
• BharatBenz expands reach in North India with Ghaziabad dealership
• Ola becomes first cab aggregator to get license in India
Raw Material
• Global steel output dips marginally by 0.1% to 139 mn tonnes in May
Oil & Lubes
• Saudi Arabia may return to market balancing role post recovery: Energy minister
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