Morning Daily - 2018-06-04

ETAuto Newsletter | Monday, June 4, 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
• Aiming to sell 2.5 mn cars, Maruti Suzuki reshuffles management
• VECV expects double-digit growth this year: Vinod Aggarwal, MD & CEO
• Fiat lines up more SUVs for India after the success of Jeep Compass
• Telangana to replace 4,000 transport vehicles with electric ones: Minister
• Delhi: App that can help you apply for driving licence, get info on buses
• WagonR EV in 2020 will be Marutis first HBL
• Ather Energy to set up 6,500 charging points by 2022, invest Rs 130 cr
• Centre making efforts to takle increase in petrol, diesel prices: Gadkari
• Hyundai Creta 2018 receives 14,366 bookings, 70,000 enquiries
• Maserati targets Tesla with electric sports car
• Oman-India fund invests Rs 100 crore in Divgi Torq
• By pushing for EVs without localisation, we could end up exporting jobs: Pawan Goenka, M&M
• The jobs of the future have arrived, but is India skill-ready?
• Germany threatens Daimler with 3.75 bn fine over emissions
• Firm crude prices good news for oil firms, but not for ONGC HT MINT
• The Best LinkedIn Summaries And Advice On How To Make Yours Shine Forbes
• Here's An Interview Question To Test If Millennial Candidates Are Actually Entitled Narcissists Forbes
Monthly Sales Report Card
• Fiat Chrysler reports 11% jump in US May auto sales
Industry
• Government may cut stake in state-run companies to 49%
• Free banking services not liable to GST, mutual fund exit load to attract levy
• Now, Green Tax can be paid online
• Congress plans no-car protest against fuel price rise
• India to import first Russian LNG tomorrow under long term deal
• It's partnerships that power e-mobility startups
• Vehicle growth rate in Bengaluru slows down
• Will monsoons affect 2019 verdict? What does recent history tell us?
• Honda riders Anish, Rajiv start positively in Round 3 of ARRC
• Nitin Gadkari vows Chandni Chowk flyover construction on time
• Uber's "business is finished" in Turkey, Erdogan says
• Gadkari blames global economy, excess output for agri crisis
• Online registration of vehicles launched at Puducherry RTO
• Copper recovers on mild industrial demand
• Small industries seek govt help to tide over loss, damage from calamity
• Highway cops fret over lack of lane discipline on eway
• Ross arrives in Beijing for talks on trade surplus
• EU divisions are weak spot in US trade fight
Passenger Vehicle
• FCA in talks with Santander Consumer USA over car financing JV
• Carmakers sell more than 3 lakh units in May
• Alfa Romeo wants to take on Porsche, Ferrari with a 700-horsepower supercar
• Volkswagen lowers 2018 car sales outlook in Argentina
• Fiat Chrysler CEO lays out grand plan before he retires
• Fiat Chrysler aims to double profits, pay dividends in new plan
Commercial Vehicle
• Punjab govt announces bus fare hike
• North Bengal rolls out luxury AC buses
Auto Components
• Umicore picks Poland for electric vehicle battery materials plant
Oil & Lubes
• Crude oil prices ease on record US output, higher Opec supplies
• Petrol rates marginally down for 5th day running, diesel stays unchanged
• Petrol-diesel prices down 9 paise on lower crude cost, stronger rupee
• Working towards long-term solution to petrol price hike: Javadekar
• BPCL seeks extra Iran oil amid sanctions threat
• Oil is slippery, but not quite sloshed
• Govt to ask ONGC to bear fuel subsidy to help cut petrol, diesel prices
 
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