Morning Daily - 2016-10-13

Thursday, October 13, 2016
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Renault India recalls 50,000 units of Kwid
• Tata Motors planning to set up office in the startup hub of US - Palo Alto
• Suzuki-Toyota partnership unlikely to bring any changes to their business in India
• Uno Minda expects to touch Rs 10,000 crore revenue by 2020
• Nissan recalls 932 units of Datsun redi-Go in India
• A walk through Bentley's biggest showroom in the world
• ETAutoTV: Toyota plans to launch Lexus hybrid in India soon
• M&M owned SsangYong Motor enters into JV with China's Shaanxi Automobile Group
• New Renault Duster Adventure Edition launched for Rs 9.64 lakh (ex Delhi)
• Slowdown puts brakes on sales of trucks The Hindu Business Line
• Tata Motors plans to raise Rs 500 cr via NCDs
• Germany's Tristone Flowtech sets up its first plant in India Business Standard
• Goa Tourism unveils Duck Boat - a vehicle that run on both road and water
• Dipa Karmakar to return BMW she was gifted owing to maintenance issues
• Maruti Suzuki Raid De Himalaya called off after biker's fatal crash
• Polaris acquires Transamerican Auto Parts Company for $665 mn
• Renault to recruit 1,000 more permanent employees
• Volkswagen may cut 2,500 jobs per year via early retirements, says labour boss: Report
• Employers, Take Note: Here's What Employees Really Want Forbes
• Five Reasons Not To Be Your Boss's Favorite Forbes
Policy
• We should go for lower GST rates: Arvind Subramanian, Chief Economic Adviser
• Consumption boom set to boost Indian economy Business Standard
Industry
• Proterra appoints former Honeywell, Tesla executive as COO
• Daimler on 'very good track' to hit 2016 profit goal: CEO Dieter Zetsche
• Report on declining labour productivity spurs concern about German automotive Inc
• Toyota, Suzuki say exploring possible partnership
• Engineering exports to move towards positive direction: EEPC India
• Bescom pulls out the plug on charging points for electric vehicles
• Tesla to provide plans for combined company before SolarCity merger vote
• EV charging network ChargePoint urges judge to revise VW settlement
• Takata bidders, carmakers to meet this month; $3 bn bid on table
• China Sept vehicle sales up 26.1% YoY: CAAM
• Toyota CEO says nothing decided on any capital tie-up with Suzuki
Passenger Vehicle
• Mahindra TUV300 introduced in new dual tone colour scheme for Rs 9.15 lakh (ex Delhi)
• New Toyota Fortuner: Five quick facts you need to know
• GM to add 650 jobs at Spring Hill factory to meet SUV demand
• Over 3 lakh Toyota Prius recalled globally to fix parking brake issue
• Ford issues two safety compliance recalls in North America
• Toyota raises concerns about California self-driving oversight
• Hyundai Motor reaches tentative wage deal with South Korean union
Two Wheelers
• BMW presents its self-balancing motorcycle of the future
• Wednesday is believed to be the worst day for motorists in Bengaluru
Aftermarket
• GM ventures into China car-sharing with investment in app developer
• Car rental startup Revv offers free ride for new born baby girls on International Girl Child Day
• Ola likely to raise up to $500 million funding from SoftBank, others
Auto Components
• Varroc Lighting Systems India wins automotive lighting technology innovation award
• Samoa's Yazaki plant to close amid car industry woes
Auto Technology
• Littelfuse opens new technology center to drive innovation in automotive market
Auto Finance
• French state fund APE says is long term investor in PSA
Raw Material
• 'With increasing demand from auto sector, global magnesium market to grow by 5.73% by 2020'
Oil & Lubes
• India's Sept Iran oil imports fall 4.1% on August
• India gets first Iranian oil parcel for emergency reserves
 
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