Morning Daily - 2018-07-03

ETAuto Newsletter | Tuesday, July 3, 2018
ETAuto.com
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• VW Group announces 1 billion Euro investment in India
• Trade war rages, car companies sputter
• What makes Mahindra an aspirational place to work for
• Manufacturing activity rises in June, PMI at 53.1
• Hero Motocorp commences FY19 with highest-ever sales in a single quarter
• Mahindra First Choice Wheels appoints Ashutosh Pandey as CEO
• IndiGo clears the deck for long hauls and fleet expansion ET Prime
• Tata Motors Sanand and Pantnagar Plants Honoured with GreenCo Platinum Certification
• Milk and Mercedes cant be taxed at same rate, says PM
• Harley-Davidson will take 'big hit' for moving some production overseas: Donald Trump
• Motown boom moulding good growth for forging industry HBL
• Indian consumer sentiment remains stable in June: Report
• Introduction of EVs will have adverse impact: Forging industry
• The govt needs to step in to revive rural demand HT Mint
• Uber to test drive Express Pool in India HBL
• Panasonic would consider extra investment in Tesla's Gigafactory if requested: Executive
• Nissan scraps potential $1 billion sale of battery unit to China's GSR
• Overcome Your Fear Of Pitching With These 6 Prep Strategies Forbes
• Take This One Action To Maximize Your Career Options Forbes
Monthly Sales Report Card
• Honda 2-Wheelers India total sales up 28% at 5,71,020 units in June 2018
• Ashok Leyland posts 28% growth in June sales
• Mahindra & Mahindra's June sales up 26% at 45,155 units
• Suzuki Motorcycle India sales up 39% in June
• TVS Motor Company June sales up 15 pc at 3,13,614 units
• Bajaj Auto sales up 65% at 4,04,429 units in June
• Ford India Sales Record 18,830 Vehicles in June
Policy
• Govt to hike E-way bill threshold to Rs 1L: Minister
Industry
• Rupee hits near 5-year low of 68.80 on macro worries
• EU gives stark warning to US over auto tariffs
• Audi quattro Cup 2018 India Finals culminates in Hua Hin, Thailand
• China introduces new tariff cuts
• Asian factories lose momentum even before Trump's tariffs kick in
• Trump delaying NAFTA deal until after midterm elections
Passenger Vehicle
• Hyundai Motor's S.Korean union votes to strike for 7th year in a row
• S.Korea's Hyundai says U.S. car tariffs would harm security ties over N.Korea
• BMW to recall vehicles in China over fuel tank defect
Auto Components
• Saraswati Prasad assumes charge as SAIL CMD
• Tata Steel to get debt relief from Thyssenkrupp deal
Oil & Lubes
• Oil rises as Libya declares force majeure on supplies, but demand slowdown looms
• All oil exports suspended from Libya's east: national firm
• ONGC board gives nod to explore group restructuring options
• Will getting petrol & diesel under GST lower prices and the options before the government
• Iran asks OPEC to 'refrain' from unilateral production hikes
• India seeks ways to continue Iran oil imports
 
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