Morning Daily - 2016-09-17

Saturday, September 17, 2016
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Indian car market worth Rs 3 lakh crore per year
• Govt aims to make automobile manufacturing main driver of Make in India initiative
• Volvo expresses intention to set up unit in Bengal
• Indian govt overrules auto firms; BS-VI rollout must from 2020
• A walk through Bentley's biggest showroom in the world
• McKinsey Report: ACMA Annual Convention - Winning with Quality & Innovation
• Harman opens new software center in India
• Launch frenzy awaits car buyers this festive season Business Standard
• Ducati expects demand for premium bikes in India to pick up in festive season
• Motherson Sumi completes Rs 19 mn fund raising through QIP
• Shops selling fake Greaves Cotton spares raided in Delhi
• Merger of Hinduja Foundries 'pragmatic': Ashok Leyland CFO
• Reports Of Volkswagen Cars Exploding In European Gas Stations Forbes
• Govt may seek Cabinet nod for strategic disinvestment of Scooters India
• Daimler owned car2go appoints new CEO
• Nine Resume Tips For Executives In Transition Forbes
• Fifty Job Applications, No Responses -- Why Are Employers So Rude? Forbes
Policy
• Helmet for pillion riders mandatory from Sept 19 in Patna
• GST to be game changer for Indian manufacturing: DIPP Secy
Industry
• Two-wheelers, petrol, get dearer as Mumbai increases VAT
• UP planning to outsource its CV fitness testing service
• Mobileye says it warned Tesla against enabling 'hands-free' driving
• GM commits to 100% renewable energy by 2050
• Google Sees Barrier In Michigan's Driverless Car Plan; Lawmakers Say They'll Tweak Forbes
Passenger Vehicle
• Tata Motors introduces special festive offer for PV customers
• Toyota recalls 7,600 Prius vehicles in US
• Aston Martin hires first employees for its Welsh factory
• Audi upgrades premium SUV Q3; launch in 2016 end
• Mercedes to showcase E-Class All Terrain at 2016 Paris MotorShow The Financial Express
• Porsche unveils Panamera 4 E-Hybrid with all-wheeldrive The Financial Express
• New Land Rover Discovery kept under wraps with help of child's play
Two Wheelers
• Mahindra two wheelers launches Gusto variants on Paytm
• Honda confirms production of new X-ADV motorcycle
• New Yamaha R15 to sport significantly higher performance andsafety The Financial Express
Aftermarket
• Rivigo expands its services to 100 new cities in India
• How Sakshi Vij is revving up a good deal with car rental company Myles
Auto Components
• NBC Bearings clocks 10% growth in revenues to 1,800 cr
• Kenwood launches new vehicle audio system in India
• Continental develops brake disc for Mercedes Benz C Class
• Suprajit Engineering extends rally on acquisition of US firm Business Standard
Tyres
• Section of consumer still buys Chinese tyres at 25-30% lower prices: Raghupati Singhania, JK Tyres
Auto Technology
• Continental's new technology reduces interior noise in vehicle
• Toyota expands its robotics, automated vehicle research initiatives
Auto Finance
• Vehicle loans surge on public sector pay hike
• Shareholder apathy is the only takeaway in Hinduja group merger Business Standard
• Hero MotoCorp shares up over 3% as unit raises Rs 1,002 cr
• On last day, GNA Axles IPO subscribed 54 times the total issue size
Automotive
• TAFE launches new range of tractors
Oil & Lubes
• India's Iran oil imports surge to highest in at least 15 years in August
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