Morning Daily - 2018-12-12

ETAuto Newsletter | Wednesday, December 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
• Maruti Suzuki regains 54 % market share in November
• Hero Electric raises Rs 160 crore from Alpha Capital Advisors
• Pininfarina names its electric luxury car as Battista
• Nissan aims to leverage SUV heritage to revive fortunes in India
• M&M appoints Manoj Chugh as President, Group Public Affairs
• Tata Motors launches top line variant of Tiago range
• Renault to hike vehicle prices by up to 1.5% from January
• Goyal wants a Jet present value for his airline. The financiers are willing to only talk net present value. Thats the story of the deal. ET Prime
• JLR's updated Discovery Sport launched in India at Rs 44.68 lakh
• JK Tyre launches new variant for off-the-road tyre segment
• Shaktikanta Das: The man behind GST, note ban now heads RBI
• China, U.S. discuss road map for next stage of trade talks
• Hyundai Motor's two R&D vice chairmen offer to resign: Sources
• SEG Automotive, FEV introduces concept car A48V based on BRM
• Detention of Nissans Carlos Ghosn extended through 20 December HT MINT
• Want To Get A New Job? Stop Sabotaging Yourself. Forbes
• How Jobs Are Being Created In A Rising New Industry Forbes
Industry
• Rupee to witness high volatility, set to trade in 70.80-72.20 range
• India Inc's overseas direct investment drops 35% to $1.05 billion in Nov
• Urjit Patel's resignation to dampen sentiments: DBS
• Japan keeps distance from FX as U.S automakers target yen manipulation
• UK economy struggles ahead of Brexit
• Musk suggests Tesla's new chairwoman won't rein him in
• MVD launches drive to check numberplate tampering
Passenger Vehicle
• Two lawmakers want GM to commit to producing all U.S. EVs domestically
• Hyundai readies Palisade large SUV in another shot at U.S. market
• Ford in talks with German workers about Saarlouis job cuts
Auto Components
• Daimler to buy 20 bln euros worth of electric car battery cells
• Australia govt launches strategy to develop itself as battery hub
• China steel prices extend slide on worries over slower demand
• Banks, ArcelorMittal oppose Essar Steel proposal
Tyres
• Goodyear halts tire production in Venezuela as economy slips
Oil & Lubes
• Oil rises more than 1% on Opec-led supply cuts, trade talk hopes
• Why Opec's output cuts haven't got oil bulls excited yet
• Petrol, diesel under GST not possible till revenues stabilise: Arvind Subramanian
 
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