Morning Daily - 2016-08-11

Thursday, August 11, 2016
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Mahindra to play pioneering role in making of a driverless tractor: Anand Mahindra
• After Apollo, BKT Tires forays into two-wheeler tire
• Mistry warns of unpredictable auto market Business Standard
• Munjals find adviser in Sunil Mittal for realignment of Hero Group businesses HT Mint
• Mahindra wants to do an Elon Musk for commercial vehicles The Hindu Business Line
• Tata Motors mulling launch of SUV and premium sedan
• Honeywell India appoints Ashish Gaikwad as Managing Director
• Arvind Mathew to take senior position in Mahindra Automotive, Farm Equipment div
• 2016 Hyundai Elantra launch on August 23, bookings begin
• 60% of 2wheelers, 40% cars in India have no insurance
• Domestic car sales rise 9.62% in July
• Bhopal, dumping ground for diesel vehicles from NCR
• In Pics: Key points in the Motor Vehicle Bill 2016
• ETAutoTV: Our next step is to mass produce clutches for PVs: Rudi von Meister, President, ZF Asia Pacific
• Renaults seven-fold surge extends India car sales growth run HT Mint
• NRI sues car dealer for not selling Mercedes over Taliban concern
• Toyota Kirloskar Motor welcomes GST
• Nissan starts new Infiniti Q60 sports coupe production
• Kinetic Green aims Rs 300 cr revenue from e-rickshaws in 2016-17 ETAuto
• Growing automotive demand boosts aluminium outlook The Hind Business Line
• Last year, car sales in Delhi were more than Bangalore and Mumbai combined ZEE BIZ
• 3 Tips To Land A Job When The Company Isn't Hiring Forbes
• Is Steve Jobs' Success Replicable? Forbes
• Fiat to bring multi-brand FCA dealerships in India
Industry
• Nitin Gadkari instructs getting safety audit of all NHAI bridges
• Assam govt planning to reform loss making state transport unit
• Recall of defective vehicles mandatory for auto cos under MV Act
• M&M consolidated Q1 PAT up 16% at Rs 962 crore
• Auto safety chief hits America's hot roads to push recall repairs
• Second Tesla autopilot crash comes from China
• China's LeEco to invest $1.8 bn in electric car factory
• Self-driving cars spur heavy auto deal traffic in Silicon Valley HT Mint
Passenger Vehicle
• Suzuki Ignis compact crossover makes European debut
• BMW worldwide sales increases by 4 percent in July
• Ferrari to recall 621 vehicles in China due to defective airbags
• BMW recalls 12,000 vehicles in S Korea
• Lexus reports 5% increase in H1 2016 vehicle sales
Two Wheelers
• Piaggio India starts manufacturing all new Aprilia SR 150 at its Baramati plant
• Polaris India launches 2016 Scout Sixty at Rs. 12.21 lakh (ex Hyderabad)
Aftermarket
• All Ola cabs will have auto connect Wi-Fi: Ankit Bhati, Co-founder
• Meters mandatory for app taxis, says Delhi Government
• Kia Motors fastest growing brand in pre-owned vehicle sales in US
• Investors betting on one-way inter-city taxis
Auto Components
• Motherson Sumi Systems Q1 net profit up by 13% at Rs 303 crore; Records highest revenue of Rs 10,352 cr
• Hitachi Automotive pleads guilty of price fixing in US; to pay $55.48 mn fine
• Rheinmetall Automotive obtains order worth Rs 447 cr
• Bosch to present an array of smart solutions at Automechanika 2016
Auto Technology
• Verizon eyes automotive technology market, could spur other deals
Auto Finance
• Tata Motors shareholders complain about cos' pathetic dividend payout
• Losses on bonds backed by car loans climb 6.12% in June: S&P
Automotive
• Green shoots in rural India: Tractors to lift M&M, auto segment a worry
Raw Material
• 'India can save Rs 1 lakh cr if it recycles 90 mn tonnes of steel scrap'
• Indian govt hastening anti-dumping duty investigations on cheap steel imports
• Steel prices likely to see a surge from October onwards: Naveen Jindal, JSPL
Oil & Lubes
• Govt to align ethanol price with global market
• Bio-fuels business in India can grow to Rs 1 lakh cr: Petroleum Minister
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