Morning Daily - 2018-06-02

ETAuto Newsletter | Saturday, June 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
• Complete Auto Sales Analysis of May'18: Sector maintains positive growth though PV retails slowdown
• Better Fuel Efficiency: Polymers to lend helping hand
• Emboldened by Jeep Compass success, FCA to make sub-4 metre SUV and 3-row mid-size SUV, for India
• US Tariffs to Hit Indian Metal Stocks
• Relief for city as 10,000 trucks take EPE daily
• Petrol price cut by 6 paise per litre, diesel by 5 paise
• Mahindra Electric, Zoomcar to offer self-drive EVs in Mumbai
• Are we facing an oil shock? These signs say yes
• Alfa Romeo aims to boost sales in luxury cars
• KIA may roll out cars from India plant in second half of 2019 HBL
• IGL, Petronet to bid jointly for city gas distribution networks HBL
• Many Millennials Reject Capitalism -- What Does This Suggest For Management? Forbes
• Job Hunting? 15 Ways To Stand Out From The Competition Forbes
Monthly Sales Report Card
• Maruti Suzuki India domestic sales up 26% in May
• Tata Motors May sales surge 58% to 54,295 units
• Mahindra & Mahindra May sales up 12% at 46,849 vehicles
• Hyundai Motor sales increase by 7.14% in May 2018
• Honda Cars sales increase 41% in May
• Ford India posts 11.42% rise in sales in May 2018
• Ashok Leyland posts 51% growth in May sales
• Bajaj Auto sales jump 30% at 407,044 units in May
• Royal Enfield achieves 23% growth in total motorcycle sales in May 2018
• TVS Motor Company posts 10% sales growth in May 2018
• Escorts tractor sales up 20.9% at 8,325 units in May
• May auto sales mixed for US carmakers
Industry
• Indian manufacturing PMI growth slows in May, inflationary pressures pick up
• GST monthly collection at Rs 94,016 crore in May
• GST boon for flexi staffing industry
• Monthly GST collections not comparable; higher tax mop-up in March: Hasmukh Adhia
• Govt considering more concessions to exporters
• Global LNG prices climb to highest since February on limited supply
• World on brink of trade war as US slaps tariffs on allies
• Foreigners dump India bonds at record pace as oil woes deepens
• German carmakers slam 'incomprehensible' steel tariffs
• Toyota sheds some manufacturing to focus on new car technology
• Toyota says to consolidate electronics parts operations within Denso
• Marchionne lays out Fiat Chrysler plan in grand finale
• Efforts on to run all vehicles on electricity by 2030: Harsh Vardhan
• Incognito policing fails to discipline reckless drivers
• Indian economy is on right track: Finance Minister Piyush Goyal
• India's recovering economy puts June rate increase on table
Passenger Vehicle
• New business deals bring autonomous vehicles a step closer
• Volkswagen concerned by U.S. steel and aluminium tariffs, urges dialogue
• Honda: Faulty Takata air bag kills 7th person in Malaysia
• BMW says may source more U.S. steel its auto plant after tariff move
• CCI dismisses complaint against BMW India
• Fiat Chrysler boss to tackle Europe, bet on Jeep in his last lap
Auto Components
• Japan's Maruyasu agrees to plead guilty in US to bid rigging, other charges dropped
• Dutch Tata Steel urges EU to shield European market from cheap imports
Auto Technology
• Waymo to get more than 60,000 cars from Fiat Chrysler for robotaxis
Oil & Lubes
• IGL, Petronet tie up to expand city gas projects, LNG vehicles
• Total says chances of Iran sanctions waiver 'very slim'
• Hamburg leads charge with Germany's first diesel ban
• EPA sends fuel economy changes to White House
 
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