Morning Daily - 2018-12-28

ETAuto Newsletter | Friday, December 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
• Auto sector may attract $8-10 bn investment by 2023: Government
• Maruti Grabs 10% share in mini-trucks market with Super Carry
• Tata group spent Rs 70,000 crore on restructuring, consolidation and acquisitions in 2018
• US auto sales to face recession; major dip expected in next 18 months: Bain & Company
• To adopt 'One Tata' approach to develop electric vehicle ecosystem says Natrajan Chandrasekaran, chairman of Tata Group
• Suzuki Motorcycle launches 2019 edition of Hayabusa priced at Rs 13.74 lakh
• Uber partners with Delhi Metro for last mile connectivity
• April-November fiscal deficit touches nearly 115 per cent of FY target
• South Korea's SK Innovation bets on Europe, China electric vehicle demand
• Only 20% commercial vehicles respond to waiver scheme
• Ather Energy looks to raise Rs 200 Cr-Rs 300 Cr for its expansion plans: Report
• An auto component plant with 14 world records (Video)
• All vehicles to come fitted with high security number plates from April 1
• Oil prices slide over 4% as concerns about global economy, oversupply weigh HT MINT
• Improved safety score notwithstanding, Made in India cars have miles to go Business-standard.com
• How to Create A Job Worth Waking Up For Forbes
• 27 Things You're Doing Wrong In Your Job Search Forbes
Industry
• Rupee dives 29 paise against US dollar
• India Inc foreign borrowings down 34% to $1.99 billion in November
• Innogy to put electric vehicle business into separate company
• GST: Focus shifts to enforcement actions, returns, refund simplification
• Last-mile connectivity: Delhi Metro ties up with cab operators to launch pilot service for riders
• Tesla sets up Shanghai financial leasing unit as China plans accelerate
• April-November fiscal deficit touches nearly 115 per cent of FY target
• Maruti Suzuki opens Centre of Excellence at Government Polytechnic, Manesar
• Most Asian currencies subdued as US share rally boosts dollar
• New allegations against Ghosn concern payments to Saudi businessman: Sources
• India eyes $100-bn FDI in next two years; plans industrial clusters for some countries: Suresh Prabhu
• Borrowing costs increase most for AA- rated NBFCs
Passenger Vehicle
• Clean energy leader Costa Rica turns attention to electric cars
Commercial Vehicle
• Delhi starts trials of Olectra BYD buses
• RTO launches four-day drive against overloaded vehicles
Two Wheelers
• Classic Legends to ramp up for cult brands Jawa, BSA in 12-18 mths
• Mobycy pivots to e-bike and e-scooter sharing service
Auto Components
• Domestic steel prices are unlikely to decline further, says Steel Authority of India
• Capacity of lithium-ion batteries increased by 15 per cent, say scientists
Oil & Lubes
• Saudi Aramco creates fuel retail subsidiary to expand downstream
• Crude prices right now offer binary recession bet: Oil strategy
• In 8 months, state refiners use 63% of Rs 89,000 cr capex target for FY 19
 
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