Morning Daily - 2018-04-20

ETAuto Newsletter | Friday, April 20, 2018
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Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Tata Tiago makes into top 10 selling cars list in FY18
• Panic switch now a must for taxis, buses
• Indian cities 149% more congested than Asian counterparts: Report
• Soon, you wont have to stop at NH plazas to pay toll
• India's growth rate highest among BRICS nations: Report
• As car-buyers love for diesel dries up, Jaguar Land Rover faces a bumpy future
• Just one in every four cars sold today is a diesel vehicle
• Schneider-Temasek Closing in on L&T Deal
• Group of Transport Ministers proposes uniform road tax across country
• Daimler open to buying small stake in Volvo cars: Report
• Volvo to locally assemble hybrid vehicles in India
• Tractor, 2-wheeler companies see rural boost on normal rains
• BMW India launches all-new X3 priced up to Rs 50 lakh
• Every second person in Vadodara owns one vehicle now
• California has worst US air pollution: report
• In the bylanes of Kolkata, a team of engineers, designers harbor an electric hypercar dream
• HC questions Centre's policy exempting autos from having panic buttons
• How straight talk can land you a good deal: Edmunds
• HMSI claims to record 80% growth in Akshay Tritiya
• US may reject Indias plea to join China in tariff dispute HT MINT
• SAIC steps on the gas in prep for India marathon
• 2018 Volkswagen Polo: Important things to know
• I'm having second thoughts -- Is it too late to rescind the job offer? Forbes
• I was shocked when the interviewer asked 'are you lying?' Forbes
Policy
• RBI's monetary panel minutes signal shift to hawkish stance
Industry
• Rs 70,000-1L crore more may be needed to meet demand; RBI, banks seek atleast 2 weeks time to plug gaps
• India claims top spot for 2018 growth among major economies: Reuters poll
• Liberty House may be Left Out of Bidding for IBC Companies
• We are seeing major reforms in India: IMF chief
• Boss Elon Musk's message to staff: Sidestep chain of command, walk out of unproductive meetings
• Government approaches RBI to relax NPA norms for MSMEs
• Thyssenkrupp: JV with Tata Steel to be finalised by 2018-end
• Nickel soars 9% to 3-year high on Russia sanctions fears
• GM announces $16.5-bn revolving credit facility
• US Senate votes to undo consumer bureau's auto guidance
• Work of Eastern Peripheral Expressway complete: Centre to SC
Passenger Vehicle
• GM Korea, union fail to reach agreement before Friday deadline
• As GM mulls options for unit, how does bankruptcy work in South Korea?
• Nissan premium brand Infiniti aims to triple China sales: CEO
• Merkel says German government must help in Opel dispute
• California agency probing Tesla on occupational safety
Commercial Vehicle
• Ford uses van service to enter medical transport business
• 500 new electric buses to power PMPMLs shift to green transport
Aftermarket
• Uber picks VMware's Zane Rowe as CFO
Auto Components
• Nexteer Automotive opens software centre, to set up production plant in Chennai
• Britain's OVO Energy unveils domestic vehicle to grid charger
• US manufacturers seek relief from steel and aluminum tariffs
• Amtek Auto sells its SMI JV stake to Nippon Steel and Sumitomo Metal Corp
• Murata to invest up to $930 mn to boost output of car components
Auto Finance
• Man loses vehicle insurance claim for carelessness
Oil & Lubes
• Fuel rates appear unaffected by costlier crude, analysts wary of price control
• Oil rise may keep India stocks in check, $4 billion manager says
 
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