Morning Daily - 2018-10-12

ETAuto Newsletter | Friday, October 12, 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
• Kinetic Motoroyale eyes private equity infusion, aims to be a serious player in growing super bike market
• Rupee depreciation to hit margins of tyre companies: Bridgestone MD
• People queue up to give up 15-year-old vehicles in Delhi
• Volvo Cars posts 34% increase in sales at 1,896 units in Jan-Sep
• Volkswagen launches Connect Edition of Polo, Ameo and Vento
• Classic Legends unveils new engine for JAWA Motorcycles
• "Airlines are actually paying passengers to fly on their planes": why a dank, depressing earnings winter is coming to Indian aviation ET Prime
• Mahindra ties up with Castrol India to develop lubricants
• Vehicle tracking solution provider Recoveri to invest $10 mn in India
• Nepal imports vehicles worth over Rs 8 billion, mainly from India
• BMW ramps up investment in China to meet electric demand
• OPEC says oil market well supplied, wary of 2019 surplus
• Premium up, upfront cost of car cover has doubled from September
• ONGC terminates rig conversion deal with Mercator HBL
• Oil India makes two discoveries in Upper Assam Basin HBL
• Costly oil to shrink Reliance Industries refining margins HT MINT
• Automakers offer discounts, schemes to woo buyers during festive season Business-standard.com
• Commonly Offered Interview Advice That Is Actually Detrimental To Your Career Forbes
• Visualize Your Day To Unlock Your Career Forbes
Industry
• Musk denies Murdoch Jr in line for Tesla chairman post
• RBI remains net seller of US dollar in Aug; sells $2.323 billion
• German economy minister doubts constitutionality of diesel fines
• Draft electronics policy aims $400 billion manufacturing ecosystem turnover by 2025
• Reverse gear: China car dealers push for tax cut as auto growth stalls
• Government may offer to bail out highway projects of IL&FS
• James Murdoch in line to replace Musk as Tesla chairman -FT
• Set up mechanism to check abandoned vehicles: Government to police dept
Passenger Vehicle
• US inflation slows in September as used auto prices fall
• Built for young families, minicars attract a huge following among elderly drivers
• Tough CO2 targets could cost 100,000 jobs: Volkswagen chief
• BMW plans to take control of China joint venture
• German coalition parties spat over diesel car fines
• Volkswagen appoints Scott Keogh as America group CEO
• Germany backs EU climate deal over car lobby's protests
• France's EDF wants to dominate electric vehicle charging market
Commercial Vehicle
• Mahindra launches upgraded Bolero Pik-Up priced at Rs 6.7 lakh
Two Wheelers
• TVS Motor launches updated version of its scooter Wego
• Goreen E-Mobility announces electric scooters in India
Aftermarket
• Yamaha inaugurates new dealership in Bengaluru
• Uber looking to sell $1.5-billion Junk Bonds
Auto Components
• Sundaram-Clayton inaugurates new foundry in Chennai to expand capacity
Auto Technology
• Micron Technology to invest $100 million in AI startup companies
• What's new _ and what's missing _ in your next new car
Oil & Lubes
• Indo-US nuke deal helped fuel domestic power plants, gave India access to critical tech: Experts
• World's biggest traders see oil at $65-$100 a barrel next year
• ONGC plans to buy 27 rigs for up to Rs 3,500 cr
 
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