Morning Daily - 2018-08-10

ETAuto Newsletter | Friday, August 10, 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
• TVS Group Chairman Venu Srinivasan files anticipatory bail in Chennai temple idol theft case
• Fords India operations close to posting profit this fiscal
• Bharat Forge to invest USD 55 mn to set up aluminum forging facility in US
• Subros to raise funds via equity share issue to Denso Corporation
• Cummins Q1 net profit down 18% to Rs 183 cr
• MRF Q1 profit jumps over twofold to Rs 261 crore
• Will lead batteries soon drive off into the sunset? No, they still have power left in them. ET Prime
• Sundram Fasteners posts Rs 106.18 crore net profit in Q1
• Subros Q1 net profit up 80% to Rs 19 cr
• Bharat Forge Q1 net profit up 33.9% to Rs 234.5 cr
• Maruti Suzuki opens booking for new Ciaz
• BMW Group launches first integrated dealership facility in India
• Maruti Suzuki building website to challenge CarWale, CarDekho HT MINT
• Sundaram Finance prefers to be circumspect even as truck sales soar HBL
• We see a huge opportunity for backhoe loaders HBL
• Zoomcar hits the right note HBL
• Down in India, going strong in Europe HBL
• Higher utilisation to improve margins for Motherson, profit seen rising 25% Business-standard.com
• Japan says Mazda, Suzuki, Yamaha Motor carried out improper testing
• How To Handle The Exit Interview For A Job You Didn't Love Forbes
• Organizational Values Are Important. What About Personal Values? Forbes
Industry
• Goa Transport department moots audit of motor driving schools
• Lower tax rate to improve compliance: Piyush Goyal
• CGST Amendment: Companies may have to reverse cess credits
• Accept DL, RC presented through DigiLocker or mParivahan platforms: Centre to states
• GRMs propped up by inventory gains and better throughput: MK Surana, HPCL
• Essar signs 15-year gas sale deal with GAIL
• Non-life insurers to seek more time sought for motor cover norms
• Now, vehicles to be costlier
• Tesla board to evaluate Musk proposal to go private as shares dip
• Six women take the wheel to leave tough days behind
• China-backed Asia trade pact to be examined by India panel
Passenger Vehicle
• Elon Musk's Tesla buyout plan could test Wall Street's nerves
• Honda recalls another 69,000 vehicles in China
• Three Japan automakers admit false emissions data
• Insight: GM squeezes pounds and pennies to attack Ford's pickup profit machine
• Ford executive says baby offroader in product pipeline
Commercial Vehicle
• IT hub autos truncate route to reap profit
Auto Components
• Bullish on these 2 auto ancillaries: Dipan Mehta
• Thyssenkrupp has said it is working on the carve-out of the steel business in preparation for the joint venture with Tata Steel
• Chile's SQM says to overtake Albemarle as world's top lithium producer by 2022
• Biodegradable, paper-based batteries developed
• CCI gives nod to Tata Steel-Bhushan Power & Steel deal
• Canada's Magna lowers production forecast on expected hit from tariffs
Auto Technology
• Wipro, Genesys sign pact for autonomous car solutions
• ISRO receives response from 141 firms for lithium ion tech
Oil & Lubes
• Oil dips as US-China trade dispute expected to stall economic growth
• ONGC, and not the government, is the promoter of Hindustan Petroleum Corp: Dharmendra Pradhan
• Socar Trading names new head of crude, cuts North Sea trading
• How US-China trade war may bring cheaper oil to Indian shores
• Oil prices rebound slightly after heavy declines over trade dispute
 
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