Morning Daily - 2018-05-30

ETAuto Newsletter | Wednesday, May 30, 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
• Why Indian carmakers are ditching diesel models and focusing on petrol cars
• Schaeffler to invest Rs 710 cr till CY2019; to set up second facility at Savli
• Hero Electronix forays into IoT space; acquires Zenatix
• No overloaded vehicle to be allowed on EPE from June 15
• India delays plan to roll out 10,000 electric cars to 2019
• Why no one wants to bid for DTC tenders for low floor buses: HC
• Enhancing export competitiveness for Indian auto components industry - AutoLogue by Rohit Saboo
• Fortum with Clean Motion to develop battery swap system for light EVs
• M&M reports 50% YoY jump in Q4 profit at Rs 1,155 crore, announces Rs 7.50 dividend
• Schaeffler India looks at developing Bio-hybrid cycle
• Volvo Cars commence bookings for XC40 in India
• Rolls-Royce Dawn 'Inspired by Music' unveiled
• Mahindra planning record Rs15,000 crore investment in next 3 years HT MINT
• Lanxess Q4 sales up 7% to 2.6 bn
• Bajajs e-mobility mantra: Start at the top with irresistible products HBL
• Top 15 used car models that people are buying right now HT MINT
• The importance of green skills for green jobs HT Mint
Industry
• GST refund of Rs 20,000 cr pending: Exporters' body
• India may have to end export promotion plans if WTO objects
• Exporters GST refund: Second phase of fast track clearance drive from Thursday
• Wheels India records Q4 net at Rs 19.5 cr
• US May auto sales expected to dip 1 pct - J.D Power and LMC
• BPCL fourth quarter net profit up 45 per cent at Rs 2,674 cr
• Crude oil may lose steam ahead, likely to hit $64 in the short term
• Cash logistics: Pvt security agencies' grouping flags concerns over RBI directive
• India faces copper supply disruption following Sterlite plant shutdown
• Fuel prices to weigh on RBI's monetary policy meet from June 4
• RBI's June policy a close call, tone to remain hawkish: UBS
• Coal India Q4 profit drops 52% to Rs 1,295 crore
• Day 1 of Eastern Peripheral Expressway: 50,000 fewer trucks in Delhi
• Monsoon rains hit Kerala coast: IMD
• 57% Indian CEOs find the job more challenging than anticipated: Survey
• Wipro 3D unit to make parts for electric race car
• GST refund of over Rs 20,000 crore pending, says FIEO
• India's exports seen hitting $350 billion in 2018-19: Trade body
• Stuttgart prosecutor cooperates with foreign authorities in Daimler probe
• Is the world simpler than it was before GST? This jury is in
• India may have to immediately end export promotion schemes if found prohibited in WTO
• Trump's trade agenda runs into reality of global geopolitics
• APs Silicon Corridor gaining traction in manufacturing
• EU lawmakers push to toughen screening of foreign investments
• Nissan to cut North American production by up to 20%
Passenger Vehicle
• VW expects to beat electric car sales goal on China, Europe demand
Commercial Vehicle
• CAPSI demands free bus rides for security guards
• Karnataka: BMTC buses not to sport advertisements on side panels
Aftermarket
• Uber's exit from Southeast Asia upsets regulators and drivers
Auto Components
• German auto parts supplier in talks on possible Chinese bid
• Pritika Auto to employ 300 people in new, Hoshiarpur plant
Oil & Lubes
• Opec and Russia better not poke the shale oil bear
• IGL passing on oil surge a positive for city gas players
• How the world's biggest private equity oil and gas industry bid collapsed
• Fuel prices up for 16th straight day; petrol costs Rs 78.43/litre in Delhi
 
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