Morning Daily - 2018-06-14

ETAuto Newsletter | Thursday, June 14, 2018
ETAuto.com
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• SMEV asks Govt to reconsider subsidy on select two-wheelers under FAME 2
• Volkswagen's missing decade in India
• Maruti's Swift fastest to reach 1 lakh sales milestone in 145 days
• Indian Dhivya Suryadevara named CFO of US biggest auto company GM
• Make in Indias biggest success in auto sector: Anant Geete
• Hondas Africa Twin receives 20 bookings in 6 days
• Tesla cutting 9% of workers as Musk seeks profits
• India discusses 'Oil Buyers Club' with China; seeks US crude to counter OPEC
• Division between rural and urban India artificial, our EVs cater to both: Anand Mahindra
• Fuel pump nozzles to talk to your cars tank
• Fitch rates SMRP BB+/Positive; secured bonds BBB-
• Cash in villages signals end of struggle for Mahindra & Mahindra Financial Services
• JLR sales pick up pace in likely boost to Tata Motors profit HT MINT
• Tata Motors launches limited edition of Tigor Buzz
• JLR starts bookings of F-Type SVR
• Mahindra Electric looking to join hands with cab aggregators to shore up electric vehicle sales HT MINT
• The signal and the noise in Indias jobs data HT MINT
• Ten Job Search Mistakes That Make You Look Like An Amateur Forbes
• Ten Things Only Very Bad Managers Say Forbes
Industry
• Fitch ups India growth forecast to 7.4% for FY'19
• India, US agree on comprehensive talks to address trade issues
• CAD widens to 1.9% of GDP in Q4FY18
• RBI official frowns on NBFCs' rising exposure to large companies
• India, US agree on comprehensive talks to address trade issues
• WTO chief warns of global downturn if trade dispute escalates
• Donald Trump's G-7 crackup boosts China's sway in Asia
• Renault-Nissan-Mitsubishi alliance tracks cost saving goals
• US launches another trade case against China
• VW board to discuss prosecutors' probe into Audi CEO on Monday
• GST refund drive extended till June 16
Passenger Vehicle
• VW to give up to $1,000 payments to polluting diesel owners in Vermont, Arizona
• Peugeot's Slovak unit agrees 7.7 pct wage hike with unions
• China start-up readies capacity for 150,000 electric cars per year
• China's Next Big Innovation? A Used-Car Market
• Nissan plans to increase market share in Turkey, Saudi Arabia and India
• Brexit could make UK car sector 'extinct': business lobby
• Tesla short sellers $2 billion in the red for June as shares soar
Commercial Vehicle
• Minimize use of private vans for school kids: Bombay HC
• Harayan govt plans to have a fleet of 500 city buses in Gurgaon
• 64 Kochi school vehicles fined as motor vehicles department cracks whip
Two Wheelers
• Hero expands lead over Honda Motorcycles and Scooters in first two months of fiscal
• Scooter sales to rise in Q2 for Honda; cow belt to see 4-5% rise in bike sales for industry
• Honda Motorcycles & Scooters India starts deliveries of 2018 Gold Wing
Auto Components
• Siemens to mull sale of gas turbine business: Bloomberg
• German car parts maker IFA Rotorion put up for sale: Sources
• US electric car sector, wary of China, seeks more domestic lithium
• German car parts maker Leoni to invest $38 mln in new plant in Bulgaria
Auto Technology
• Bosch, BMGI enter into a strategic partnership to provide lean transformation expertise in India
Oil & Lubes
• India, China in talks to form bloc against Opec
• Fuel prices remain unchanged
 
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