Morning Daily - 2016-07-02

Saturday, July 2, 2016
Daily Newsletter
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Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Biggest carmaker's sales fall, but PV segment stays upbeat in June
• Two wheeler firms now look at premium scooters
• Indian corporate sector ends FY16 on subdued note; auto witnesses improvement: ICRA
• Turning 40: A Look at four decades of Honda's most popular sedan globally
• Maruti Suzuki worker gets bail in 2012 violence case
• New Porsche Panamera - A sports car performance, comfort of a luxury saloon
• June Manufacturing PMI at three month high
• Tesla driver gets killed in fatal crash in Autopilot mode
• These Jobs Report High Underemployment Forbes
• Ten Signs Your Future Boss Is A Weak Manager Forbes
June Sales Report 2016
• Maruti Suzuki sales down by 10.2% in June due to fire at Subros
• Hyundai Motor India domestic sales up by 9.7%
• Tata Motors sales up 8% at 44,276 units in June
• Mahindra domestic auto sales move up 5% in June
• Renault India domestic sales up 173 percent in June
• Ford India domestic sales surge 109% in June
• Honda Cars India domestic sales down 38% in June
• VE Commercial Vehicles total sales up 18.54% in June
• Volkswagen reports flat sales growth in June
• Hero MotoCorp sales up 1.32% to nearly 5.5 lakh units in June
• Ashok Leyland total sales up 7% in June
• Honda 2wheeler sales rise 22% in June
• Royal Enfield domestic sales jump 34% in June
• TVS Motor Company posts 11% total sales growth in June
• India Yamaha Motor registers 31% domestic sales growth in June
• Mahindra domestic tractor sales up 20.49% in June
• Escorts domestic sales up 12.2% in June; exports down 43.4%
• French new car sales up in June, Volkswagen tumbles
• U.S. auto sales on track for best June since 2005
• Mitsubishi mini vehicle sales slump in June after mileage scandal
Industry
• Commerce ministry says competitiveness of India in manufacturing improving
• Delhi CNG fitness scam: Panel asks transport dept to furnish all details
• India to see consumption recovery of over 1%, driven by 7th Pay hike: BofA
• Ministerial panel to expedite installing speed governors in commercial vehicles
• South African union Numsa in dispute with retail motor industry
• Daimler to buy Dutch car-leasing firm Athlon for $1.2 bn
• Nissan Motor cuts carbon dioxide emissions by 22.4%
• Maruti Suzuki - AP govt sets up Institute of Driving Training and Traffic Research
Passenger Vehicle
• US calls for urgent repairs of 300,000 recalled Honda vehicles
• Kia Motors Mexico celebrates first anniversary with arrival of Niro Hybrid
Commercial Vehicle
• No bus fare hike; private buses should explore CNG: Kerala transport minister
Aftermarket
• Intra-city travel app Instago raising $500,000 from multiple investors
• How Lyft is taking advantage of surge of investor interest in transportation sector in US
• Tiger logistics eyes defense sector for expansion
Auto Technology
• Tesla crash likely to shake up trusts bestowed on driverless cars
Auto Finance
• Bosch approves buy-back of equity shares
Automotive
• John Deere updates excavator lineup with 135G, 245G LC
Oil & Lubes
• CNG prices up by 25 paise/kg in Delhi
• Honeywell see growth opportunities in India as oil demand, efforts for cleaner fuels booms
• Oil prices up as global markets recover post Brexit
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