Morning Daily - 2018-06-20

ETAuto Newsletter | Wednesday, June 20, 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
• Avtec to invest Rs 600 cr in three years
• VECV mulls new manufacturing plant; lines up Rs 400 cr capex for expansion
• Mercedes-Benz plans to make e-cars in Pune
• Car makers, white goods manufacturers should look for growth outside 10 metros: RC Bhargava, Maruti Suzuki
• Varroc Group banks on changing regulations to sustain double digit growth
• Tamil Nadu govt & Renault Nissan likely to settle tax dispute outside court Business-standard.com
• Let down by Indian allies, the Maharaja may need a foreign hand ET Prime
• Cleveland Cyclewerks delays India launch by 5 months to October 2018
• Authorised service centre or the local mechanic? Know what is better for your car
• Government to rope in nodal agencies for electric vehicle infra
• Electric vehicle manufacturers urge govt to make short-term policies to help industry HT MINT
• Tesla's Elon Musk alleges "extensive" employee sabotage
• Will self-driving tech ruin the Tesla Model S?
• UK still plans to end the sale of new diesel and petrol cars by 2040
• SMEV sets up five new electric mobility vertical for FY19
• JLR opens bookings for Range Rover Sport SVR and Rnage Rover SVAutobiography
• Rural distress cant get buried in growth story HT Mint
• Volvo-Eicher JV plans to widen its medium-duty CNG trucks range HT MINT
• 3 Tested Strategies For Exceeding Performance Expectations Forbes
• The Five Best Ways To Spend Your Self-Development Fund. Forbes
Industry
• India committed to broad-based trade agreement with EU: President Kovind
• Government boost to manufacturers, eases import of used machinery
• Public money extremely safe in PSU banks, says Goyal
• Escalating tariff tit-for-tat pummels European autos, industrials stocks
• Why government needs to start liberalisation of the agriculture sector now
• Non-financial cos leverage levels to improve in FY19: Moody's
• RBI to hike again by year-end with August still in play: Reuters Poll
• Advantage Novelis from rising spread between recycled prices of the metal and trading quotes at LME
• China blasts new US tariff threat as 'blackmail'
• Rupee slides 4 paise to 68.03 against US dollar
Passenger Vehicle
• Ford bets its future on new Detroit hub
• VW and Ford mull alliance to develop and make transporter vans: Report
• Audi supervisory board suspends CEO, installs interim chief - source
• U.S. regulator to send observer for Tesla probe of Model S fire
Commercial Vehicle
• Isuzu looks to expand operations, eyes exports
Two Wheelers
• Ducati India launches Multistrada 1260, 1260 S priced of Rs 15.99 lakh and Rs 18.06 lakh
Auto Components
• Nissan to use 980-megapascal steel in new vehicles
Tyres
• JK Tyre FMSCI National Racing Championship kickstarts on Jul 6
Auto Technology
• ST Engineering, Israel's SafeRide partner on auto cybersecurity
• Live GPS tracking of school buses in sight
Auto Finance
• Varroc Engineering $288 million IPO to open on June 26
Oil & Lubes
• Indias oil import bill swells 49 per cent to $115 billion in May
• Petrol prices cut after 4 four days of pause
 
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