Morning Daily - 2019-01-11

ETAuto Newsletter | Friday, January 11, 2019
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Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Jaguar Land Rover to make 'substantial' job cuts after China, diesel slump: Source
• Toyota Innova Crysta generates Rs 2,200 crore business in December
• Maruti Suzuki hikes car prices by up to Rs 10,000 for select models
• Volkswagen, China spearhead $300 billion global drive to electrify cars
• Boost for SMEs: Exemption limit for GST hiked to Rs 40 lakh from Rs 20 lakh
• Ola ends Series-J ride with Rs 520 crore from Steadview
• There's a tricky turn ahead for tractors. Here's how they can stay on track. ET Prime
• China to cut taxes, fees for manufacturers in 2019: Minister
• Volkswagen says sold record 6.24 mn vehicles worldwide in 2018
• Honda Cars introduces ZX variant City priced at Rs 12.75 lakh
• BMW sold over 140,000 EVs in 2018
• Ford to cut thousands of jobs in Europe, eyes plant closures
• Industry view points building electric vehicle ecosystem
• ARAI to carry out fire audit of PMPML vehicles soon
• Toll collections may witness double-digit growth in FY'20: ICRA
• ABBs global business rejig will benefit Indian operations HBL
• New Jobs That Didn't Exist Before And Pay 50 Percent More Forbes
• It Is Not Aspirational To Quit Your Job Without A Backup Plan Forbes
Industry
• Fiat Chrysler to pay more than $700 mn over U.S. diesel emissions claims -sources
• Cabinet nod to India-Japan USD 75-bn swap arrangement to curb currency volatility
• Use of private vehicles as taxis continues unabated
• China offers Elon Musk permanent residency
• Global protectionism, poor logistics holding back Indian exports: Experts
• MORTH type approval norms 'detrimental' for CGD project implementation: IAC
• Credit flow to exporters has nosedived by over 54%: EEPC India
• India's inflation in December likely hit lowest since June 2017
• 60% registered dealers may escape GST net if turnover threshold doubled
• Shreyas Shibulal launches fund for clean mobility ventures
• Over 5 vehicles were reported stolen every hour in Delhi in 2018: Police
Passenger Vehicle
• Jaguar Land Rover to cut 4,500 jobs, mainly in Britain
• At China port, tariff drop a salve for hard-hit traders of American cars
• China's passenger car sales fall for first time in years
• Carmaker Rolls-Royce urges UK's May to avoid a hard Brexit
Aftermarket
• How Uber Lite is trying to reach a new set of potential riders in emerging markets
Auto Components
• Icra sees limited downside for base metals
• Continental adds airbags manufacturing in Bangalore plant
Auto Technology
• Apple Maps take on Google, introduce turn-by-turn directions in India
• Vehicle screens go super-sized at CES 2019 as tech catches up
• LG joins Microsoft to accelerate autonomous vehicles business
Oil & Lubes
• Oil prices dip as worries over economic slowdown return
• Indian refiners pay for Iranian oil in rupees: UCO Bank executive
• Norway cuts 2019 oil and gas output forecasts
• Mexican ports see bottlenecks as fuel distribution slows, say traders
• Saudi Arabia to announce slight rise in oil, gas reserves after audit: Source
 
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