Morning Daily - 2016-06-30

Thursday, June 30, 2016
Daily Newsletter
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Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
ETAuto Focus: Off-Highway Vehicles
• JCB India eyes 20% sales revenue growth in 2016: Vipin Sondhi
Top Stories
• Major Relief to Automakers: SC may lift ban on sale of diesel vehicles in NCR
• 7th Pay Commission: Auto makers hope for spike in sales
• Suzuki Motors appoints Toshihiro Suzuki as CEO
• Global car makers compromising on safety aspects in India
• Toyota recalls 170 units of hybrid Prius in India
• Honda 2Wheelers inaugurates 2nd assembly line at Gujarat plant; doubles capacity
• Auto Inc leaders meet PMO officials over diesel ban
• Porsche launches new 911 in India; priced up to Rs 2.66 cr (ex Delhi)
• General Motors' market share goes below 1% in India Business Standard
• Rahul Bajaj still in top gear, says no plan to retire from Bajaj Auto
• Tata Power commissions solar plant at Toyota Kirloskar Auto Parts
• Piaggio eyes youth with deep pockets for premium superbikes The Hindu Business Line
• Indian tyre dealers push back against local cartel Nikkei Asian Review
• AMW Motors hopes to ride again - soon Business Standard
• Buying a luxury car? Here are 6 things to consider Deccan Chronicle
• What Is The No. 1 Thing Keeping Us At Our Jobs? Forbes
• How To Be A Better Leader: Four Essential Tips Forbes
Policy
• Indian govt approves 7th pay commission recommendations
• Monsoon session from July 18, government confident of GST
• Oil firm's name on trucks not advertisement: Kerala HC
Industry
• Indians spent most on vehicles among consumer durables in FY15: NSSO
• 7th pay commission to boost consumer demand, economic growth: India Inc
• Luxury cars on American roads relying on Asia for gasoline
• Its high time for luxury automakers to wake up, says Sajjan Jindal, JSW Steel
• City gears up for shift to CNG fuel mode in 6 months
• Challenges for Indian economy: Rexit, now Brexit
• Mitsubishi Motors to accept orders after correcting mileage
• Renault may raise UK car prices to weather Brexit storm
• GM: No Brexit impact to US auto market now; more UK car production possible
• Mitsubishi Motors Japan sales fall for second straight month in May
• UK car industry demand not hit by Brexit vote yet, forecast unchanged
• Daimler transfers 3.1% Renault Nissan stake to own pension fund
• US probing multiple companies including Bosch in VW emissions scandal
• GM, US Navy collaborates for fuel cell-powered underwater unmanned vehicles
• British car industry growth depends on unrestricted access to EU
• Brexit will provide opportunities, including for autos sector
• UK minister says tariff-free European market access for cars a top priority
• Volkswagen owners say core business still healthy
Passenger Vehicle
• Suzuki Motors says Brexit to have 'major' impact on earnings
• Porsche CEO bets big on redesigned Panamera model
Commercial Vehicle
• Mercedes Benz receives major order by Girteka Logistics of 1k Actros trucks
• Buses are the most popular means of transport in India
• Mercedes-Benz MiniBus modernises, expands its bodyshell production, logistics
Aftermarket
• Royal Enfield gear now available on Flipkart
• Meru raises Rs 150 crore from BCCL's Brand Capital
• Motoziel forms JV with Austria's Edelweiss to offer bike tours
Auto Components
• ZF extends CEO Stefan Sommer's contract for another 5 years
• GAIL begins gas supplies to Chinese automotive wheel producer Wanfeng
Auto Finance
• Bosch India shares climbs over 4% on buyback proposal
Raw Material
• Natural rubber climbs to 2-month high of Rs 143/kg
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