Morning Daily - 2018-08-17

ETAuto Newsletter | Friday, August 17, 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
• What makes or breaks dealership business, shares Rishi Goel of Concorde Motors
• Maruti Suzuki announced price hike up to Rs 6100 (Ex-Showroom - Delhi)
• Mercedes-Benz to hike prices by up to 4% next month
• 'GDP growth revised downwards at 7.2% for FY19'
• Hyundai India reveals first sketch of upcoming hatchback AH2
• Automobili Pininfarina to make just 150 PFO hypercar from 2020
• Will lead batteries soon drive off into the sunset? No, they still have power left in them. ET Prime
• BYD delivers 101 electric cars to Bangkok
• CarDekho acquires YouTube auto content platform PowerDrift
• Uber quarterly loss jumps as it invests in big bets HT MINT
• Scooter-makers hit fast lane on 125-cc premium models HBL
• Isuzu fields Jhonty Rhodes in a bid to change the game HBL
• Hero MotoCorp drives into used two-wheeler business with 'Hero Sure' brand Business-standard.com
• AI Might Take Jobs, But CEOs Are Giving Them Away Forbes
• Six Keys To Reaching Out For Job-Search Help Forbes
Industry
• Fiscal position to worsen ahead of polls: Report
• Rupee drops 27 paise against dollar, ends below 70 level for the first time
• Monsoon revival brings mix of misery & cheer for farmers
• India's GDP growth can leap to 8.5-9% if investment, exports pick up pace: Ind-Ra
• Japan steps up U.S. LPG purchases in fallout from Sino-U.S. trade conflict
• stock market update: Auto stocks climb up to 2%; Tata Motors, Bajaj Auto rise
• Turkey raises consumption tax on fuel: Official Gazette
• Falling rupee not a cause for concern: Niti Aayog VC Rajiv Kumar
• Rupee slide beyond 70-71 to be negative for economy, says Assocham
• Bhel Trichy adds e-mobility to its business portfolio
• BMW India extends service support for flood-affected customers in Kerala.
• Japan ships fewer cars to U.S. as export growth slows
• Finance Ministry seeks a clear dividend policy from Reserve Bank
• U.S. is trying to make Iran "surrender" through sanctions -Iran VP
• Musk's Saudi gambit invites the kind of leverage he doesn't want
Passenger Vehicle
• Tesla on track to make 8,000 Model 3s per week, Evercore says
• Swiss brothers get ready to refloat the bubble car
• Japan ships fewer cars to U.S. as export growth slows
• Swiss ban some Mercedes, Porsche models over emissions
• In Chinese port city, Japan's Toyota lays foundation to ramp up sales
• China's solar giant GCL to make electric car move in new 'eco-town'
• Top selling SUVs get stuck in 1st gear
Two Wheelers
• Honda Navilution sales croses 1 lakh mark
• More than 500 Triumph riders from across India rode to support girl child education
Aftermarket
• Uber to focus on high-potential markets like India
• From Ludhiana to UK via Australia: How Bhavish Aggarwal drove to success
• Uber quarterly loss jumps as it invests in 'big bets'
Auto Components
• Rupee jitters bring double whammy for steel sector
• Continental expands Australian Tire Sales Network through Acquisition
• Japan, South Korea steel exports to India surge on tariffs, high-end demand
• Copper tumbles into a bear market
• Nickel is dancing to a new electric vehicle beat: Andy Home
• Dastur Innovation Labs partners US for carbon tech
• Pritika Auto achieves highest ever monthly production in July 2018
• Positive growth in steel sector, trend to continue: Tata Steel
• Ashok Leyland introduces Innoline: BS4 engine driven by an Inline Fuel Pump
• US may impose duties on Indian steel imports
Auto Technology
• Apple car may become reality in 2023
Oil & Lubes
• India's oil import bill to jump by $26 billion on rupee woes
• Reliance halts gasoline shipments from Jamnagar site causing fuel margins to spike
• Government notifies incentives to oil PSUs in pre-NELP blocks
 
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