Morning Daily - 2018-08-11

ETAuto Newsletter | Saturday, August 11, 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
• Idol theft case: Police give undertaking to HC not to arrest TVS Motor Chairman
• Auto cos chart plans to woo women customers
• Passenger Vehicle sales down 3% at 290,960 units in July
• Battery operated vehicles to exhibit numbers in yellow, white on green licence plates
• Benelli mulls R&D centre in India; to tap non-metro cities
• Bosch Q1 net profit grows 42% at Rs 430.98 cr
• Will lead batteries soon drive off into the sunset? No, they still have power left in them. ET Prime
• Ashok Leyland arm to supply electric double-decker buses in London
• Accept driving licence, RC presented through digital platforms: Centre to states
• India to save Rs 12,000 crore by blending ethanol with petrol: PM Modi
• Industrial output expands 7% in June
• Tata Motors says JLR total retail sales in July down 21%
• Oil prices set for 6th weekly loss as trade war stokes demand fears HT MINT
• Opinion: Time for economic policy vigilance HT Mint
• Government has a great initiative for car owners, but chinks need fixing
• Get Real: It's The Only Kind Of Leadership That Works Forbes
• The 3C's Of Leadership, Innovating With Purpose Forbes
Policy
• GST compensation worth Rs 52,077 crore paid to states/UTs: Government
Industry
• China July vehicle sales down 4%: Industry association
• Government starts countervailing investigations on certain steel items from China, Vietnam
• Innogy expects e-mobility unit to become profitable next decade
• U.S. built Mercedes-Benz SUV's held up by Chinese customs
• UK economy picks up some speed, Brexit hurdles ahead
• Japan's Aisin sees up to 40 bln yen impact if U.S. hikes auto tariffs
• Further US sanctions would be 'declaration of economic war': Dmitry Medvedev
• RBI likely intervenes to stem rupee fall - dealers
• Utility cards to push cashless travelling in city buses
• One crore steps for safer roads crosses 60 lakhs steps donation
• Tesla's board seeking more information on Elon Musk's financing plan: Sources
• Australian miners steam ahead with lithium exploration
Passenger Vehicle
• Toyota offers ECO Car Wash service to customers
• No rules for VIP vehicles at Charbagh railway station
Commercial Vehicle
• Overworked, underpaid: Bangladesh bus drivers say accidents not entirely their fault
• Eicher Motors adds 3% post Q1; worth your bet?
Two Wheelers
• TVS valuations take a hit as rivals chip away at the core
Aftermarket
• Cabs and taxis from other states will need permit to ply in Delhi
Auto Components
• NCLAT upholds Bhushan Steel sale to Tata Steel, rejects issues over its ineligibility
• Continental announces high Rs three-digit crore expansion in India over 2 yrs
• India to probe subsidised stainless steel imports from China
• Tata Sponge may invest Rs 3,000 crore to set up steel manufacturing facility
• Chinese firm taking over German auto parts supplier Grammer
Automotive
• CNH Industrial names Welbilt boss as its new chief executive
Oil & Lubes
• Essar signs contract with GAIL for offtake of Raniganj CBM output
• Calm in oil markets could be short-lived, says International Energy Agency
• Philippines eyes shift back to cheaper, dirtier fuel to tame inflation
 
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