Morning Daily - 2017-02-03

Friday, February 3, 2017
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Tata Motors fires in new Ammo in TAMO sportscar to make a comeback
• Govt extends subsidy for electric vehicles to FY18 with 42% higher allocation
• Sona Group to now focus on its forging business; plans to invest Rs 300-400 cr
• Competition Commission of India rejects complaint against Jaguar Land Rover
• Car buyer-taxpayer ratio props 'widen tax net' call
• This is what BMW has lined up for Geneva Motor Show 2017
• Motor insurance in the new world of connectivity The Hindu Business Line
• Join the live webinar: Decoding Union Budget 2017
• As cars become sophisticated, garages face tech challenge Business Standard
• Budget 2017 Analysis: Thrust on rural economy & Infrastructure - AutoLogue by Subrata Ray
• Ashok Leyland opens a new assembly plant in Bangladesh
• Tata Motors to showcase first product under TAMO sub-brand at Geneva Motor Show in March 2017
• Corporate India's quick guide to Budget
• Don't think scrappage policy should come in Budget: RC Bhargava, Maruti Suzuki
• Ministers ride in cars with fancy numbers but dont pay for them
• Labour Ministry seeks early passage of Amendment Bill to Wages Act
• Union Budget 2017: The hits and misses, according to Montek Singh Ahluwalia HT Mint
• Audis new tech for etching onto car paint The Hindu Business Line
• CV firms build inventory to meet likely demand surge this quarter Business Standard
• Sona Group takes a step back to go forward HT Mint
• Olas valuation marked down 40% by USs Vanguard Group HT Mint
• Tesla is testing self driving cars on California roads HT Mint
• Why investors are taking a fancy to cummins india
• How To Make Money Answering Your Emails Forbes
• The Key To Surviving In The Age Of Automation Forbes
Industry
• Surge in electric cars may blindside big oil: report
• Indian govt working to re-energise capital goods, automotive, heavy sectors
• Daimler CEO Dieter Zetsche expects NAFTA free trade agreement will continue
• Japan to provide technical training to 40K Indians in 10 years
• Jaguar Land Rover reports US sales for January 2017
• Toyota Motor should be considered a US manufacturer: President, Akio Toyoda
• Japan PM says meeting with Toyota president was decided months ago
• Chinese-Mexican tie-up to invest $200 mln in Mexico car plant
• Uber CEO Travis Kalanick quits Donald Trump's council of business leaders
Passenger Vehicle
• BMW Group brings 13th BMW Art Car by Sandro Chia to India
• Ferrari 2016 profits soar as sales top 8,000 vehicles
• Mercedes-Benz luxury cars fuel fat profits at Daimler
• Honda City facelift to be launched in India on Feb 14
• New Mercedes E-Class LWB coming to India on Feb 28
• Ford India sales up by 11.05% in January
• Lamborghini Huracan Rear-Wheel Drive Spyder launched in India; Price: Rs 3.45 crore (Ex-Showroom)
Two Wheelers
• TVS Motor Company sells 207,059 units in January 2017
• Bajaj Auto sales decline by 18% in January
• New Hero Electric scooter Flash unveiled at GMX Expo
• Hero MotoCorp sales down 14% in January 2017
Aftermarket
• UberPOOL, OlaShare is illegal from today in Bengaluru
• Uber says it believes in the legality of its shared services
• Hyundai Mobis & NXP India Deploy DRM Chips and Receivers Designed in India
• Govt in talks with BIS for safe automotive helmets
• Cyrus Mistry's former aide Madhu Kannan joins Uber
Auto Components
• Sundram Fasteners Q3 net profit up 63.4% at Rs 75.34 crore
• Demand for chips for cars lifts Infineon's profit
Auto Technology
• Daimler ramping up investment in future car technologies: CFO, Bodo Uebber
• Self-driving car prototypes need less human help, data show
Auto Finance
• Budget 2017 and auto sector: FM gives incentives a miss; auto stocks say 'never mind'
Raw Material
• Corp tax cut may indirectly benefit rubber industry
 
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