Morning Daily - 2016-07-29

Friday, July 29, 2016
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Green Vehicle 2016
• Hero arm in talks for JV with foreign co for EVs
• This is how a fuel cell car plant looks like
• New players soon going to eat Li-ion batteries' share in transport sector: Research
Top Stories
• Sunil Munjal steps down as Hero MotoCorp Joint MD
• Maruti Suzuki defers Ignis launch to clear Vitara Brezza, Baleno backlog
• Tata Sanand working on Tiago sedan, plans festive season launch Business Standard
• Ban on diesel cars is corporate death penalty: Toyota to NGT
• Toyota falls behind VW in world's biggest automaker race
• Resurrection of Bolero is happening soon The Hindu Business Line
• States await new auto investments The Hindu Business Line
• Yamaha expands India R&D base The Hindu Business Line
• Non-core ventures sputter for auto firms Business Standard
• Maruti sells over a lakh cars from Nexa outlets in one year
• Omer Dormen, MD, Castrol India talks about his company growth
• How reforms altered the automobile landscape The Hindu Business Line
• Want The Job? Bring A 100-Day Action Plan To The Interview Forbes
• 4 Avoidable Traps Career Changers Fall Into When They're Job Hunting Forbes
Policy
• Govt considering trade industry suggestions on GST
• Is an outcome for GST coming soon?
• Govt expresses hope of improving India's ranking in ease of doing biz
Industry
• Cabinet nod to revised cost estimate for projects under NATRIP
• Escorts Q1 net up 33.5% at Rs 47 crore
• Volkswagen Q2 net profit falls 57%
• Ford's Q2 profit falls 9% on trouble in US, China
• Nissan global sales up 4.4% in June 2016
• BMW launches driver training program in India
• Indian CFO optimism on biz environment climbs to 5 quarter high
• Auto Inc to drive global spare parts logistics market: Technavio
• Tata Sons chairman Cyrus Mistry to meet group cos heads on Friday
• India should continue fiscal consolidation: IMF
• Road projects worth Rs 3.85 lakh crore pending
• Cabinet defers decision on road safety bill
Passenger Vehicle
• Nissan contributed Rs 30k crore to India in foreign exchange
• Renault H1 profits grow on strong sales performance
Commercial Vehicle
• Eicher Motor Q1 net shoots up 66 percent
• Tata Motors celebrates with over 400 truck drivers in Bangalore
• Isuzu Trucks opens its first Center of Excellence in US
• Mercedes-Benz Vans breaks ground on $500M US plant
• Bajaj Auto launches Maxima C; priced at Rs 1.89 lakh (ex Delhi)
Two Wheelers
• Bajaj Auto hopes Pulsar 400, V15 will rev up domestic sales
Aftermarket
• How technology is helping transporters build efficiency, bring profitability
• PSA Group acquires online automotive aftermarket firm Autobutler
• Droom plans to create a repository of all vehicles in India
Auto Components
• Akzo Nobel India making inroads in auto refinish segment
• Faurecia maintains growth in H1; upgrades its outlook for 2016
Tyres
• Kesoram Industries to invest Rs 600 cr in tyre business
• Goodyear Q2 net income up 5%
Auto Technology
• Consumers prefer advanced technologies in new vehicles: Survey
Automotive
• Mahindra launches first hiring centre for farm equipment rental biz
• Polaris Industries announces off road line up for 2017
Oil & Lubes
• NGT asks ministry to submit report on fuel adulteration
• India's strategic oil reserves unlikely to stir market
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