Morning Daily - 2018-06-12

ETAuto Newsletter | Tuesday, June 12, 2018
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Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• New launches, rural demand drive PV sales by 20% in May
• Kia plans to produce EVs, hybrids in India; targets 2021 for launch
• Ducati Gears up for Premium Take-off
• Road Min Aims to Finish 300 Highway Projects by 2019
• Donald Trump accuses India of charging 100 per cent tariff on some imports
• India's fuel demand rises 3.8% in May
• India-US duties bargain may make Harley Davidson motorcycles cheaper HT MINT
• Suzuki Access 125 launched with Combined Braking System
• Petrol prices: Fall in fortnight less than half the rate of rise earlier
• Varroc Engineering gets Sebi nod for IPO
• Hyundai plans to manufacture 2 mn cars by first half of 2021
• Audi CEO named as suspect in German emissions probe
• Will classical cyclicality risks pull back CV growth rate? HT MINT
• Thyssenkrupp union raises alarm over Tata Steels joint venture HT MINT
• How AI Is Making An Entry Into The Freelance Economy Forbes
• Anthony Bourdain's Most Poignant Reflections On Life And Travel Forbes
Industry
• India May inflation likely hit a 4-month high on oil price surge
• Tatas Plan Monetisation of Infrastructure, Realty Arms
• Beijing-based AIIB Clears $1.9b Loans to India for Infra Projects
• RBI releases draft norms to modify loan system for large borrowers
• Govt forms new committee to bring more transparency in employment related data releases
• Trade tensions drive Chinese auto investors from US to Europe
• Maruti Suzuki opens water ATM in Manesar village
• RBI rate hike, banks MCLR push to make EMI on cars dearer by about Rs 16,000 PA
• Rolls-Royce says compressor issue found in different Trent 1000 engine
• Chidambaram slams government on fuel prices and joblessness
• FADA, Yes Bank ink MoU to launch FADA Academy
• Auto sector posts robust 15.16% sales growth in April-May 2018
• Assocham urges monthly release of payroll numbers
• US tariffs on car imports are a double-edged sword
• Donald Trump 'destroys trust' with G7 tweets: Germany
• Merkel dubs Trump's G7 rejection as 'sobering, depressing'
Passenger Vehicle
• PSA interested in "free-floating" car-sharing scheme in Paris
• Jaguar to cut more UK jobs as it moves Discovery output to Slovakia
• Jaguar moves Discovery production to Slovakia ahead of new Range Rover in UK
• New Tesla software to offer 'full' autonomy, Musk says
• Opel to save 20-50 pct in development costs thanks to PSA platforms
• Daimler shares drop on report up to 1 mn cars contain defeat device
• Malaysia PM floats new national car project
Commercial Vehicle
• Bus body building norms relaxed
Auto Components
• Adient CEO resigns, company slashes profit outlook
• China battery maker CATL soars 44% in stock market debut
• EV startup Byton says China battery producer CATL to invest in it
Tyres
• Revival of CV Demand to Lift Margins of JK Tyre
Auto Technology
• Centre mulls a PPP mode for NATRiP
Oil & Lubes
• Once cash rich, India's demands erode 90% of ONGC's warchest
• Worlds biggest bond investor shuns India debt on crude oil risks
• Petrol prices cut by 20 paise per liter, diesel by 15 paise
 
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