Morning Daily - 2018-05-29

ETAuto Newsletter | Tuesday, May 29, 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
• India not the only country facing EV related challenges
• Volvo Cars aims to double segment share in India; targets sales of 1 million electrified cars globally by 2025
• Tata Motors plans Esops for 200 execs
• Toyota to enhance localisation in Brezza, Baleno to make them cost effective
• SUVs have become classier. But here is the big bump on the road: Rising fuel prices
• Value of vehicle should not be the only factor to collect road tax: FADA
• Tata Motors shelves sports car project RaceMo
• Demand for diesel vehicles to decline to sub 25% post implementation of BS VI norms: ICRA
• Most Candid Interview of M&A King VC Sehgal
• Inside Maruti and Toyota's plan to completely dominate India's auto market
• Need independent body to promote mass acceptance of EVs: Report
• Automakers need to change with time, adopt new technologies: Nitin Gadkari
• Royal Enfield appoints new head for Global Brands
• Battery cost, charging infra major challenges facing EVs: Report
• India is at start of e-mobility S Curve: ABB CEO
• Uber elevates India head Amit Jain as APAC Regional GM
• Green tribunal, Motor Vehicles Act struck in Rajya Sabha are causing problems: Nitin Gadkari
• Mahindra opens first assembly plant in South Africa
• Eastman Auto and Power rolls out ESOP for its employees
• Lexus announces executive management changes
• States can cut petrol price by Rs 2.65/litre by giving up additional gains: Report
• Ola follows Flipkart, moves to a group company structure HT MINT
• Time for policy orthodoxy in India HT Mint
• From Honda to Tata, carmakers steer new models away from taxi segment Business-standard.com
• How much do the world CEOs earn? 164 times more than their employees' average pay
• Mercedes clocks production of 1 lakh cars in India
• The Next Billion-Dollar Businesses In Autonomous Cars: Safety And Compliance Forbes
• How To Answer 'What Makes You Better Than The Other Candidates?' Forbes
• Two Phrases That Indicate Your Boss Is Not Listening To You Forbes
Policy
• Policy to regulate app-based cabs in Bihar soon: Sushil Kumar Modi
Industry
• Monsoon expected to hit Kerala in 24 hours
• CNG prices raised by 3.3 per cent in Delhi
• Qualcomm to meet China regulators in push to clear $44 billion NXP deal: Sources
• Mahindra's new assembly plant to give boost to KwaZulu-Natal's economy
• Daimler faces scrutiny of 120,000 Vito, C-Class diesels
• All macroeconomic parameters improved in last 4 years: NITI Aayog
• 5,000 vehicles use EPE in 3 hours as Delhi gets bypass road after a decades wait
• Sudha Balakrishnan appointed first CFO of Reserve Bank of India
• Economy on recovery path, investments likely to pick up: CII
• Daimler faces scrutiny of 120,000 Vito, C-Class diesels
• India now 'bright spot' in global eco: Arun Jaitley
• Daimler threatened with recall of over 600,000 diesel models
• Tesla hires new chief financial officer for China
• Government notifies 8.55% interest on PF for 2017-18, lowest in 5 years
• Focus on action plan rather than new policies: Mahindra Electric
Passenger Vehicle
• Volkswagen to open 3 new factories in China
• Porsche to bring Cayenne Turbo priced at Rs 1.92 cr
• Britain's supply of electric cars at risk from Brexit: think-tank
• Mahindra TUV300 Plus launched, starting at Rs 9.69 lakh
• Fiat Chrysler warns 5.3M owners: Don't use the cruise
• Mexico dismisses Trump's proposed tariffs on imported autos
• VW CEO counts on diplomacy to ease trade spat with US
• Toyota, Maruti Suzuki to share factories, dealers for bigger India footprint
• Audi offers discounts up to Rs 10 lakh on selected models
• Fiat Chrysler recalls 4.8 mn U.S. vehicles for cruise control defect
• JLR India launches Ingenium petrol-equipped Discovery Sport, Range Rover Evoque
• Russia's standards agency says informed about recall of 4,794 Mercedes cars
• Uniti electric car pre-order value surpasses 50 mn
• Redigo AMT Review: Practical small car for city drive
• Volkswagen may focus on bigger cars for higher profits in India
Commercial Vehicle
• Electric buses to hit Kochi roads soon
Two Wheelers
• Suzuki Motorcycle launches Gixxer ABS variant at Rs 87,250
• Rising oil, sliding Re hurting economy but not Bajaj Auto
Aftermarket
• Southern Railway woos Uber, Ola by assuring kiosks on platform
• Rise in diesel prices hit corporate cab operators
Auto Components
• Makino aims at up to 3-fold increase in aftermarket business
• 10K 'Supercharger' stations worldwide soon: Musk
• Siemens backs Northvolt's $5 bn Swedish battery plant
• Tesla flies in new battery production line for Gigafactory
• Electric vehicles seen driving cobalt crunch by mid-2020s
Auto Technology
• Apple signs deal with Volkswagen for driverless cars
Auto Finance
• Sundaram Finance reports 16% rise in profit for FY 17-18
Oil & Lubes
• State oil companies capex jumps 22% in FY18
• Fuel prices may fall on sliding crude, rising rupee
• India says no plans for oil trade with Venezuela using 'petro' cryptocurrency
• Oil ministry gives nod to petrol, diesel futures
• Profits from gasoline rebound in Asia, but rising crude prices and green cars cap gains
• Fuel prices surges for 15th day, touches Rs 78.27 in Delhi
• Fuel will be under GST if states agree: Minister
• Measures to help you cut your car's petrol, diesel bill
 
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