Morning Daily - 2017-06-02

ETAuto Newsletter | Friday, June 2, 2017
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Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• India Automobile Sales: PV makers post double digit growth in May 2017; two-wheelers on growth trajectory
• GenNext to fuel used car surge in India The Hindu Business Line
• Fiat's Ranjangaon plant rolls out Jeep Compass SUV; over 65% localisation by market launch
• Indel Automotives bags three acquisition deals for Rs 400 cr in Kerala Business Standard
• In Pics: Hyundai's Global Quality & Training Centre in India
• 'The cost of the diesel engine will go up by 15-20% due to changing emission norms'
• First Made-in-India Fiat Chrysler's Jeep Compass unveiled
• Official: Audi used software to cheat diesel emissions tests
• Rolls-Royce creates a $13 million one-off to please loyal customer The Hindu Business Line
• Electrical equipment industry grew by 4.25 per cent in 2016-17: IEEMA
• India EAEU free trade agreement negotiations to begin soon: DIPP
• Tata Hitachi turns the corner, aims for new challenges The Hindu Business Line
• Can a sound convey a sense of premium quality? Audi says it can The Hindu Business Line
• Indias factory growth slows to three-month low in May as new orders soften HT Mint
• Solutions for legacy failuresin India HT Mint
• Jaitley asks industry to fall in line for July 1 GST roll-out
• Ola and Uber banking on drivers in their 20s
• Toyota uses open-source software in new approach to in-car tech
• Is Talent Your Top Priority? Probably Not, But You Can Get There Forbes
• The Guide To When You Should (And Shouldn't) Apply For A Job That's A Reach Forbes
Monthly Sales Report Card
• Maruti Suzuki grows 15.5 % in domestic sales; exports down by 36.3 % in May 2017
• Hyundai sales marginally up by 1.6% in May 2017
• Mahindra Sells 41,895 vehicles; grows 3% during May 2017
• Ford India's domestic sales clock 6,742 units in May 2017, up by 16%
• Toyota Kirloskar Motor domestic sales decline by 11.5%, sells 10,914 units in May
• Hero MotoCorp sells 633,884 units in May 2017
• HMSI posted a growth of 23% in total sales in May 2017
• Yamaha Motor India reports double digit growth in May 2017, sells 69,429 units
• TVS Motor records 16% growth in sales in May 2017
• Royal Enfield sells 60,696 units in May 2017, grows by 25%
• Ashok Leyland's total sales decline by 8% in May 2017
• M&M tractor sales up 11% in May to 24575 units
• Escorts Agri Machinery domestic sales up by 29% in May 2017
Industry
• Government looks to tweak financing model for skilling in favour of private companies
• Pace of U.S. auto sales slows; GM, Ford shares rise anyway
• Elon Musk to quit Trump's advisory councils after Paris accord decision
• U.S. judge lets investor diesel lawsuit against Daimler proceed
• European carmakers slightly more optimistic for 2017: association
• For 8 % GDP growth, manufacturing needs to grow at 12-14%: Niti Aayog
• Investor groups ask for Renault-Nissan governance investigation
• Layoffs scare is real, not exaggerated, finds ET's Jobs Disruption survey
• 71% Indian SMEs optimistic about domestic economic growth in 2017: Survey
• Daimler, BAIC agree to make electric cars in China: German govt
• N Chandrasekaran kicks off divestment plan
Aftermarket
• Uber brings 'Compliments' feature to India
Auto Technology
• Japan launches new satellite to improve GPS
Automotive
• Its rain & gain for M&M; tractors to drive earnings
 
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