Morning Daily - 2018-05-19

ETAuto Newsletter | Saturday, May 19, 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
• As superbikes vroom, OEMs ride into pre-owned retail
• Toyota Yaris garners 60 k enquiries; 1,000 delivered on Friday
• Bajaj Auto Q4 net up 35%, co eyes 20% plus growth
• After 7 yrs, Delhi to get 1,000 cluster buses
• Precision Camshafts acquires 51% in Emoss Mobile Systems
• OLA, Uber drivers on hunger strike from today
• Sumitomo Corporation acquires 49% stake in Mukand Sumi Special Steel for Rs 1,181 cr
• JK Tyre to strengthen presence in two and three wheeler segment
• Innovators, thought leaders to brainstorm on simulation & testing at ETAuto STC 2018
• Tata Steel completes $5.2 billion purchase of bankrupt Bhushan Steel
• Government non-committal on cutting excise; oil price rise to inflate import bill by up to $50 billion
• Ashok Leyland FY18 revenue up 30% at Rs 26,248 cr
• German court says cities free to ban diesel cars immediately
• Toyota Yaris officially launched at a starting price of Rs 8,75,000
• Tesla safety claims aren't quite right
• Mercedes-Benz to make Tesla-rivalling electric compact car
• Maruti Suzuki set to drive in biggest ever capacity expansion in India HT MINT
• Not just phones, Indias vendors want China tech for auto parts too HT MINT
• Should I Seek Something Safe Or Pursue My Passion? Forbes
• Ten Things Never, Ever To Promise Your Boss Forbes
Industry
• Do the data show India is creating jobs or not?
• Corrupt contractors will be under bulldozers: Gadkari
• US moves WTO against Indias export schemes
• Monsoon to hit Kerala on May 29: IMD
• JSW Steel in pact to buy Italian special steel maker for Rs 440 cr
• NITI Aayog invites French investments in India
• Tata Steel completes acquisition of controlling stake in Bhushan Steel
• 'Permissible limits on borrowings should be equally applicable to Centre, States'
• Govt extends deadline for filing April GSTR-3B by 2 days till May 22
• Safe Kerala Roads Project to be rolled out across the state
• Inflation to edge higher; May CPI likely around 4.6-4.7%: Report
• Electric vehicle rush fuels optimism at London Metal Exchange Asia Week
• Vehicle numbers up 135% in 10 years in Gujarat
• Thane saw 10-fold increase in auto registrations in last 6 years
• Tata Motors collaborates with NIT, Tiruchirappalli for education & research programmes
• Elon Musk brings technology charm offensive to Los Angeles tunnel plan
• Accident fatality rate rose from 21% to 38% in Gujarat
• US is running out of time on NAFTA while confronting China
Passenger Vehicle
• Japan automobile association says favours free trade
• BS VI vehicles needed to gain air pollution benefit from clean fuel: MoPNG
• Falling rupee impacting auto industry's bottomline: Toyota
• Toyota chief hopes to help Japan auto makers keep tech edge
• Porsche to recall 60,000 SUVs for emissions problems: German regulator
• Toyota expects sales to grow by 7-8% this fiscal; commences Yaris deliveries
• Oil-rich Saudis to host Formula E race
• Toyota to roll into China's EV market in GAC Motor vehicle
• BMW admits mistake in diesel emissions scandal
Commercial Vehicle
• After EPCA snub, govt to pick expert for electric bus plan
• PMPML plans drinking water on womens buses
Aftermarket
• We aspire to be the next Alibaba in B2B e-commerce: Moglix, founder & CEO, Rahul Garg
Auto Components
• Infineon to build 1.6 bn euro chip plant in Austria
Auto Technology
• Japan Display aims to double automotive sales to cut Apple dependence
Auto Finance
• 12% margin is the new normal for Escorts, says Bharat Madan
Oil & Lubes
• Saudi assures India of stable oil supply, reasonable prices
• Rising oil could spike import bill by $25-50B, says DEA secy
• Maximum city Mumbai sees max hike in petrol price in 7 years
• STFC to offer fuel credit to customers via HPCL outlets digitally
• Rise in crude prices poses risk to India's current account deficit: Report
• Diesel fallout is responsibility of carmakers: German minister
 
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