Morning Daily - 2018-05-03

ETAuto Newsletter | Thursday, May 3, 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
• E-cars on way: 22 models of e-cars to be made available soon
• Many potential car buyers prefer radio cabs over personal vehicles: Study
• Mahindra Group sets 11 new commitments to cut emissions
• Demand push for manufacturing in April as PMI rises to 51.6
• Tata Motors launches Nexon AMT at Rs 9.41 lakh
• India, Japan agree to work on electric vehicle development
• Hero MotoCorp Q4 net grows 35% to Rs 967 crore, meets estimates
• How automation is changing face of labour in India HT MINT
• Hero MotoCorp lines up capex of Rs 2,500 crore to defend market share Moneycontrol
• China's BYD to focus on e-buses to promote public transportation
• Not a petty thief: Tesla sued by Nikola Motor for $2 bn over alleged patent infringement
• The drums of a US-China trade war HT Mint
• Mahindra Finance to foray into financing two-wheelers, consumer durables
• India's oil addiction is undermining economy once more
• Seven things Wall Street wants Elon Musk to talk about today
• Digital copy of E-way bill enough to give transporters right of way: Court
• Engine maker Cummins posts 21.4% rise in quarterly revenue
• 14 everyday habits that drain your energy Forbes
• Mediocre is the new fabulous Forbes
Monthly Sales Report Card
• Honda Cars India domestic sales decline 36.8% in April 2018
• Ashok Leyland posts 79% growth in April sales
• Bajaj Auto sales jump 26% at 415,168 units in April
• Cold snap for US April auto sales instead of spring thaw
• GM Canada, FCA April sales fall
Policy
• Japan's Nikkei slips ahead of Fed's policy decision; automakers, Fujifilm retreat
Industry
• India slips 3 notches to 11th spot in AT Kearney FDI Confidence Index
• Pay 2% of capital investment for green clearance: Environment Ministry to Corporates
• Ahead of polls, government gets into mission mode on rural uplift
• Now, transfer of commercial tenancy rights put under GST
• WHO data on air pollution a "wake up call": Experts
• Pedal power: the rise of cargo bikes in Germany
• Daimler to buy electric car battery cells from China's CATL
• Auto stocks give up early gains; Eicher Motors, Hero MotoCorp tumble 2%
• Revenue dept to look at quarterly GST revenues average for trend analysis
• Maithan Alloys board okays setting up manufacturing unit in West Bengal
• India's economy likely to grow at 7.3% this fiscal: Report
• National electronics policy to be finalised in second half of FY19: Sources
• California sues over plan to scrap car emission standards
• Anthill Ventures invests in Uniti for urban mobility
• West Virginia reaches $2.65m settlement with Volkswagen
• 17 US states sue Trump administration over vehicle emissions
• View: Why some key figures thrown around in Indias jobs debate may not be right
• Major issues still outstanding in NAFTA talks: Mexico
Passenger Vehicle
• GM to provide loans to Korean unit, state-run bank to receive shares: Sources
• Key VW shareholder says unions should stick to staff matters: Stern
• Hermes EOS opposes election of VW supervisory board candidates at AGM
• How Aston Martin has gone wrong with the DB 11 Volante
Commercial Vehicle
• Plan for 1,000 e-buses set to get nod
• 900 BEST buses taken off roads in five years
• 189 school buses examined in Noida safety campaign
Two Wheelers
• HeroMoto stock to ride high on rural demand
Auto Components
• Eastman Auto & power strengthen its leadership
• Synergies to set up new alloy plant in Vizag
• Cummins shares dip as more engines face emissions repair
 
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