Morning Daily - 2018-08-08

ETAuto Newsletter | Wednesday, August 8, 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
• From Rs 150 cr to Rs 1,350 cr revenue, this CV dealership's travelled miles to success
• VW Group owned MAN Trucks exits Indian truck market
• Tata Motors Expects a Boost from PV Business
• New axle load norm gets two amendments
• Consumer goods, auto cos expect 10% growth in run-up to 2019 polls
• Passenger Vehicle industry to spend Rs 350-400 bn by 2020: ICRA
• IndiGo, the airline that raised the bar, is struggling to keep it there ET Prime
• Mahindra & Mahindra Q1 profit surges 63% beats estimates
• Motherson Sumi posts Q1 net profit at Rs 618 cr
• Petrol crosses Rs 77 a litre mark, diesel at Rs 68.50
• Escorts Ltd Appoints Nikhil Nanda as Chairman and Managing Director
• Tata Nexon gets 4 star safety rating by Global NCAP
• TVS Motor Q1 net profit up 13% at Rs 147 cr
• Tata Motors to ramp up production; touches 100% capacity utilisation
• Exide to invest Rs 550 cr for two projects in Bengal
• Tata Motors plans to roll out 10-12 new passenger vehicles in next 5 years
• Analysts expect a bumpy ride for auto stocks Business-standard.com
• Tata Motors to reduce component suppliers for passenger vehicles
• Fiat-Chryslers US complaint on design, without merit: Mahindra HBL
• Opinion: Make the global economy work for all HT Mint
• 5 Ways To Invest In Yourself Professionally Forbes
• Leadership As Dialogue, Not Monologue Forbes
Industry
• Tesla boss Musk weighs go-private deal for electric carmaker
• Hindalco's arm Novelis Q1 profit up 10% at $113 million
• SC refuses RBI plea to Allahabad HC hearing on Feb 12 circular
• Over 2 lakh non-filers filed ITR in FY18, paid Rs 6,416 crore tax
• Exim Bank targets USD 25 bn lines of credit in FY19: MD
• NCLAT to hear Mistry plea tomorrow against NCLT order
• Mexico auto exports dip on U.S. sales; production hit by floods
• Traditional companies tweaking policies to engage millennials
• Grammer warns of H2 risks from new anti-pollution tests
• Maruti Suzuki inaugurates 11th water ATM in Haryana
• Mahindra & Mahindra Q1 results today; what to look for
• Transport strike: Lakhs of vehicles will stay off road
• Brazil auto production falls 4.1% in July from June
• Government to hold talks with RBI to leave more capital with banks
• Govt moves to curb misuse of exempt category vehicles at toll plazas
Passenger Vehicle
• BMW recalls 324,000 cars in Europe after Korean engine fires
• SUV definition getting fluid, wont lose money to buy market share, says Anand Mahindra
• Mahindra Q1 net up 67% at Rs 1,257 cr
• This $215,000 Ferrari Portofino is all set to be the brand's next best-seller
• Tesla starts hiring for new $2 billion Shanghai plant
• German start-up trials solar car that can charge as you drive
• TKM launches Dual Tone Liva in selected Indian markets
• Japan's Subaru books worst quarterly profit in five years on U.S. sales slump
• Testing finds flaws with car electronic car safety systems
Two Wheelers
• Company removes Milwaukee scooters until rules are in place
• Harley seeks alliance for lightweight bikes to grow India business
Aftermarket
• Ola's UK ride poses a new threat to Uber
• After Australia, Ola eyes the UK market
Auto Components
• Forget Tesla, this Indian battery can change the fate of e-cars
Tyres
• Pirelli says profit, margins rise in first six months
Oil & Lubes
• Vedanta set to bag 40 oil blocks, ONGC 2, HOEC 1
• Indonesia bets big on biodiesel to limit costs of oil imports
 
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