Morning Daily - 2018-12-04

ETAuto Newsletter | Tuesday, December 4, 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
• Eicher Motors EPS estimates fall as company loses valuation premium
• Viren Popli replaces Mani Iyer to become President & CEO Mahindra North America
• CV segment to grow faster than PV segment: ICRA
• CAD may widen to 3% in September quarter on higher crude prices, gold imports: ICRA
• White House seeks to end subsidies for electric cars, renewables
• SoftBank comes calling again to infuse $1B in Ola
• India's weakening economy adds to case for RBI to hold rates
• Boeing never trained pilots and engineers on an automation feature on its Max 8 plane that killed 189 people in Indonesia ET Prime
• Tata-JLR launches XJ50 special edition at a price of Rs 1.11 cr
• Should vehicle drivers or owners pay for third-party compensation in accidents?
• Sasken appoints Calvin Nichols as Head of Automotive Business
• Mahindra FES domestic sales grows 18% at 25,159 units in November
• Hyundai moves cars by rail HBL
• Uber hires former US safety official for self-driving effort HT MINT
• IOC aims to be global refinery tech provider HBL
• Medium, heavy duty trucks sales down 20% in Nov after months of brisk pace Business-standard.com
• Beyond a rate cut Business-standard.com
• 13 People (Besides A Career Coach) Who Can Help You With Your Job Transition Forbes
• 12 Free Resources To Find a Job, Start A Side Hustle Or Change Careers Forbes
Industry
• Donald Trump says US-China relations make 'BIG leap forward'
• We need just three days to clear all abandoned cars
• Microfinance industry clocks over 50% growth in Q2
• Government clears Rs 91,149 crore GST refunds to exporters so far; Rs 6,053 crore still pending
• Consumers trust private firms more than government with personal data: KPMG
• Rupee tanks 87 paise to 70.46, logs biggest single-day fall since Aug
• Over 18.10 lakh registered companies, only 62% active at end of October: Official data
• US-China decision to not impose higher tariffs de-escalates hostilities temporarily: Moody's
• Trump tweets China to cut tax on U.S.-made cars, revs up auto stocks
• Strong demand buoys factory growth, PMI rises to 11-month high in November
• Ghosn's legal woes highlight governance failings in Japan
• International Symposium on Vehicle Inspection & Certification focused on safety and emission
• Several European countries to impose diesel recalls: Bild am Sonntag
• Chandigarh may have first charging station for vehicles at Sector 42 lake
• China agrees to 'reduce and remove' tariffs on US cars: Trump
• China says no to India's proposal for bilateral trade in domestic currencies
Passenger Vehicle
• Several automakers report fall in U.S. sales in November
• Nissan's external board to meet Tuesday, discuss Carlos Ghosn replacement: Source
Commercial Vehicle
• Ashok Leyland November total sales drops 9% at 13,121 units
Two Wheelers
• Royal Enfield domestic sales drops 4% at 65,026 units in November
• Benelli relaunches TNT 300, 302R and TNT 600i
Aftermarket
• Mahindra Logistics eyes acquisitions in logistics-tech space
Auto Components
• Nutrien to auction stake in lithium miner SQM for over $4 billion
• Steel cos may go for expansion through brownfield route
Auto Technology
• Oerlikon Graziano to show latest hybrid and electric technologies at CTI Berlin
• Unity collaborates with Telangana govt to launch Unite India summit
Oil & Lubes
• Oil surges 5% on trade truce, expected supply cuts
• Revenue secretary says excise duty hike on crude needs 'analysis'
• Russian oil production down from post-Soviet high in November
 
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