Morning Daily - 2018-05-02

ETAuto Newsletter | Wednesday, May 2, 2018
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Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Sales Analysis: PVs & CVs start FY19 on firm ground; post double-digit growth
• SC asks auto companies to switch over to electric vehicles
• BS-VI fuel to be available in NCR from April 2019: Govt to SC
• Creating new technologies & blockchain solution for core mobility issues: EY
• Twenty Two Motors to raise Rs 132 cr in Series B; plans 4 scooters this year
• Mahindra to buy 10% in Canada's Resson Aerospace for Rs 35 cr
• Cameras to monitor traffic snarls at toll plazas, help ease congestion
• Mahindra to set up Ag Tech Center in US
• How Anand Mahindra became India Inc's disruptor-in-chief
• Indian-origin Tesla owner banned for using autopilot on UK highway
• In a first, GST revenue collection for a month exceeds Rs 1 lakh crore
• 14 out of world's 20 most polluted cities in India: WHO
• The difficulty of making sense of Indian jobs data HT Mint
• America's Best Employers 2018 Forbes
• The curious case of Dr. Ronny Jackson makes most sense when viewed through a management lens Forbes
Monthly Sales Report Card
• Maruti Suzuki India domestic sales up 14.4% in April
• Mahindra & Mahindra sales up 22% at 48,097 units in April
• Tata Motors domestic sales jump 86% at 53,511 units in April
• Hyundai sales up 6% in April at 59,744 units
• Ford India sales dip 39% to 15,281 units in Apr
• Royal Enfield achieves 27% growth in total motorcycle sales in April 2018
• TVS Motor Company posts 24% sales growth in April 2018
• VE Commercial Vehicles sales surge 28.1% in April 2018
• Mahindras Farm Equipment Sector posts 18% growth in total sales in April
• Atul Auto sales up 9.4% in April 2018
Policy
• German minister for more negotiations to resolve trade conflict with US
• NITI Aayog to soon come out with development agenda for 'New India 2022'
Industry
• Is the Indian economy out of the woods yet?
• Strong April sales growth may put auto stocks in the fast lane
• Core sector industries grow 4.1% in March
• Par panel finalises report on Wage Code Bill, says Gangwar
• View: Government should not let bankruptcy resolution be taken for a ride by crony capitalists
• Holding companies for CPSEs may be set up to boost corporate governance
• Indias Trade Surplus with US Hits a High
• AutoNation profit falls on higher expenses, lower margins
• Tax burden on petrol has become a people vs govt issue: Chidambaram
• India seeks Japan's help to build LNG facilities
• High growth must for generating jobs, compete with China: Kumar
• Trump delays steel, aluminium tariffs for 30 days
• Euro's boom spells corporate gloom for region's exporters
• America's air isn't getting cleaner as fast as it used to
• Digital marketing strategies followed by top consumer brands that MSMEs can use
• US wants 4-year phase-in for higher NAFTA auto content thresholds
Passenger Vehicle
• VW's Skoda shifts some SUV production to Germany
Auto Components
• Honda start talks with Red Bull over 2019 engine supply
• Australia's Mineral Resources says to sell minority stake in lithium project
• China prepares a hard-line stance on Trumps trade demands
Oil & Lubes
• Tax burden on petrol has become a people vs govt issue: Chidambaram
• Oil PSUs freeze petrol, diesel prices ahead of Karnataka polls
 
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