Morning Daily - 2018-08-28

ETAuto Newsletter | Tuesday, August 28, 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
• Escorts ties up with Japan's Tadano for high capacity cranes
• Compact car demand dips as buyers look at pre-used options
• Old vehicles to be scrapped at licensed centres only
• Goldstone Infratech is now Olectra Greentech
• Crude oil prices to hover between $65-70 per barrel in second half of current fiscal: India Ratings
• Auto policy notified, to come into effect from September 1
• Used cars are a low-trust market. A bunch of startups wants to change that. ET Prime
• Ducati launches Scrambler 1100 in India
• TVS Co MAS is channel partner for Henkel Adhesives HBL
• ABB India plans to add new facilities for EV chargers, robotics in industry 4.0 HBL
• Diesel price hits record high of Rs 69.46 a litre, petrol inches towards Rs 78 mark
• Will EV battery segment take the lead? HBL
• Maruti Suzuki's fair value of cash reserves swells 20% to Rs 340 billion Business-standard.com
• Current account deficit to hit 2.8% of GDP in FY19: SBI report
• How To Stop Worrying About Choosing The Wrong Next Job Forbes
• Five Signs It's Time To Quit Your Job Forbes
Industry
• Rupee dives to new closing low of 70.16 vs dollar
• FDI growth up 23 per cent in April-June quarter this fiscal
• India plans to boost economic partnership with Southern Europe to counter China's BRI
• Bengaluru: Industry body offers help to power utility firm to set up EV charging points
• Inside Elon Musks reversal on taking Tesla Private
• Mexico, U.S. closing in on NAFTA deal, talks to resume Monday
• BMW maker Brilliance China Auto climbs on sales outlook, profit
Passenger Vehicle
• Rare Ferrari 250 GTO sells for record Rs 334 crore at auction
• Speed monster: Ferraris new 488 Pista Spider is its most powerful convertible
• Maruti ordered to pay Rs 50,000 to customer
• Nissan launches China-focused electric car
• Mercedes-Benz EQ Silver Arrow concept pays homage to brand's original W 125 race car
Auto Components
• POSCO to buy lithium mining rights in Argentina from Australia's Galaxy
• SAIL set to exit non-performing, non-operational joint venture firms
Auto Technology
• Total chief executive drives an electric car, but only on weekends
• Toyota pours $500 mn into driverless car tieup with Uber
• Toyota group firms to set up JV for self-driving technology
Oil & Lubes
• GAIL should exit non-core petrochemicals business: Dharmendra Pradhan
• Shell to buy out Total in Hazira LNG terminal
• GAIL to launch portal allowing outsiders to hire its gas pipelines
 
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