Morning Daily - 2018-11-23

ETAuto Newsletter | Friday, November 23, 2018
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Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Blackstone to acquire $300 mn stake in Sona BLW, to merge it with Comstar
• Discover 100-cc launch my biggest career blunder: Rajiv Bajaj
• Auto dealers overcharging buyers to face action
• Volvo Cars plans to offer Hybrid options in all models
• BMW to hike prices by upto 4% from 1st January 2019
• PSA, CK Birla Group inaugurate their first Powertrain JV plant in India
• Toyota vs. Honda: how the Japanese giants are looking at life after sedans ET Prime
• Varroc to cut overseas capex plans by 20-25%
• Volvo Cars to be the first company to assemble Plug-in Hybrids in India
• For last-mile mobility, Mahindra pitches electric skate-scooter
• Delhi govt waits for NGT to clear air on old vehicles
• Now Indian truckers to go cashless and digital for vehicle insurance
• Rane NSK opens new facility for electric power steering at Gujarat
• Finance minister Arun Jaitley to present interim budget in February
• CAD may narrow to 2.6% of GDP in FY19 on falling crude: Report
• Apollo Tyres appoints Sachin Tendulkar as Brand Ambassador
• PSA and Toyota to end joint production of small cars by 2021: Les Echos
• OMC stocks unlikely to move into a long-term bull market Business-standard.com
• How To Tell If You Should Leave Your Job Forbes
• 3 Ways To Land More Job Interviews Forbes
Industry
• Isuzu Motors opens new Regional Training centre in New Delhi
• Alliance with Renault 'unchanged' after Carlos Ghosn ouster: Nissan
• Nissan board fires chairman Carlos Ghosn: NHK
• Rupee zooms 76 paise, hits three-month high against dollar
• Tactical infrastructure: Securing the future through trade
• Short-seller tries tricky electric car U-turn
• With Sino-US ties strained, China share slump seen deepening
• Space crunch hampers drive to seize old vehicles banned by NGT
Passenger Vehicle
• Toyota profit zooms to Rs 965 crore in FY18 driven by Innova, Fortuner
• France seeks European battery deal as electric car growth accelerates
• App-based cabs, traffic congestion slowing car sales in metros: Maruti
• Accident vehicles sans insurance to be auctioned
• Driverless cars a possibility with IITs simulator
• Tesla cuts China car prices to absorb hit from trade war tariffs
• German car bosses invited to White House to discuss tariffs: Handelsblatt
Auto Components
• We will tap capital market when conditions improve: Seshagiri Rao, JSW Steel
• Rockwell invests $15m to ramp up Bengaluru centre
• Albemarle boosts lithium supply with $1.2 bln Australian deal
• We will tap capital market when conditions improve: Seshagiri Rao, JSW Steel
Tyres
• Steelbird International launches two-wheeler tyres in Guwahati
Oil & Lubes
• Govt to raise target for ethanol blending of petrol
• PM unveils vision for gas-based economy: 10,000 CNG pumps, 2 cr household connections
• Local fuel rates set to fall further as global crude slips below $63
• ONGC ordered to pay Rs 242 crore to Mumbai Port Trust
• Canada considering proposal to buy rail cars to move stranded crude:Sources
• Stiff competition likely in 10th round of bids for city gas licence
• Fuel prices dip again, petrol at Rs 75.97 per litre in Delhi
 
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