Morning Daily - 2016-08-18

Thursday, August 18, 2016
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Delhi pips Kerala to become 5th largest PV seller in India
• Sunil Munjal ceases to be promoter of Hero MotoCorp
• Automatic car sales double on traffic blues & better mileage
• Delhi HC to hear Prius Autos plea against infringing Toyota trademarks HT Mint
• Vehicle registration touches all-time high of 1.96 cr in 2015
• Automated motor vehicle inspection centre likely in Vizag
• Honda redesigns flagship motorcycle in Indonesia Nikkei Asian Review
• Auto-makers seek reduction on VAT in Ludhiana
• Aprilia SR 150 launch on Aug 22; bookings begin on Paytm
• Apple could launch an electric car with cylindrical hollowbatteries The Financial Express
• ETAuto remembers Giuseppe Bertone who in his lifetime designed over 30k cars
• Mumbai port handles record 6,316-car shipment
• Five Signs Your Job Has Nothing More To Teach You Forbes
• Govt mulls excise duty relief for people scrapping old cars
• Does Automation Put Management and Creative Jobs at Risk? Forbes
• Ad: Book your seats now - Auto Retail Forum 2016
Policy
• Telangana Assembly to ratify GST Bill this month
• Jharkhand Assembly passes GST Bill
Industry
• Daimler's top electric motors executive moving to Bosch
• Norway denies report that it plans to ban sale of all petrol, diesel engine cars
• Ford picks up pace on driverless car and pressures Tesla HT Mint
• VW owners get cash in US, tubes in Europe for emission scandal
• Germany sees no grounds to seek damages from VW over share-price losses
• Russia's Avtovaz to cut working hours from mid October
• Nissan seeks to boost South Korean output on post-Brexit yen surge
• Doubling of domestic and international driving licence fees proposed
Passenger Vehicle
• Nearly 7k Infiniti, Nissan Fuga autos to be recalled from China
• BMW to recall over 156,000 cars in China
Commercial Vehicle
• Obama admin unveils new fuel standards for heavy duty vehicles
• Scania to unveil worlds first rollover side curtain airbag for trucks
• Trial a success, DTC eyes longer electric run
Two Wheelers
• Canadian actor Keanu Reeves will build a $78,000 motorcycle just for you
Aftermarket
• Karnataka to bring online taxi service under legal metrology dept
• US retailer Advance Auto Parts quarterly revenue falls 4.8%
• Nissan India opens new dealership in Puducherry
• iBeacon technology based start-up Voolsy teams with Uber in India
• Uber launches legal challenge against new rules in London
Auto Components
• Voestalpine plans to increase its revenue in NAFTA to over Rs 22k cr
• German auto parts maker Leoni duped of $45 mn
• Kongsberg Automotive elevates its VP Finance as interim CFO
Auto Finance
• Bajaj Auto shares hit record high on good monsoon expectation
• Volvo acquires stake in car financing bank Volvofinans for Rs 143 cr
Automotive
• Sonalika unveils first ever 120 HP tractor - Solis 120 in India
Raw Material
• Steel demand in India to outpace regional average: Moody's
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