Morning Daily - 2019-02-05

ETAuto Newsletter | Tuesday, February 5, 2019
ETAuto.com
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• 30% electrification by 2030 is a difficult number to achieve: Rashmi Urdhwareshe, Director, ARAI
• Schaeffler plans local unit for EV tech solutions
• Goodbyes: Iconic cars that will vanish from Indian roads in 2019
• Mahindra recalls Imperio pick up truck to fix faulty rear axles
• Japanese carmaker line up Hybrids for India
• Renault India launches enhanced Kwid range
• Yamaha renews its scooter line up
• M&M houses ICE vehicles and their edgier siblings, EVs, in the same sales crche. Time to rethink this approach? ET Prime
• M&Ms truck unit unleashes new road runners
• Govt expects 20% decline in road accidents: Gadkari
• SIAM rolls out Road Safety Week campaign
• US-based investors put Rs 112 crore in Ola
• Tesla to buy battery tech maker Maxwell Technologies for $218 million
• Nissan abandons plans of X-Trail model in UK
• Exide Industries Q3 PAT up 0.5% at Rs 155 crore - ET Auto
• Honda Cars to revamp entire sales network in next three years
• Electric car users are converts for life Https://www.livemint.com
• Making A Noble Exit: How To Leave Your Job On Good Terms Forbes
• Work From Home Or Anywhere: Top 25 Companies For Remote Jobs That Allow You To Travel Forbes
Industry
• Government to buy 6,000 new buses, says housing secretary
• German car sales weaker in January
• RBI may slash interest rate by 25 bps: SBI report
• Fiscal deficit widens to Rs 7.01 lakh crore in April-December 2018
• Smallcap Hunters: Magnet makers as value bet to play the EV theme
• Automation impact: 76 per cent Indian employers plan to increase, maintain headcount
• Rupee recovers 34 paise to 69.86 against US dollar in morning trade
• Feuding UK politicians seek elusive unity as Brexit looms
• India's exports to surpass USD 314 bn peak this year
• Union meets Nissan after it axes plans to build new model in Britain
• Fitch Group arm projects fiscal deficit to slip to 3.6% in 2019-20
• India imposed anti-dumping duty on 99 Chinese products as on Jan 28: Commerce Ministry
• Nissan poised to propose Carlos Ghosn replacement on board: Report
• FDI during April-September 2018-19 fell 11 per cent to $22.66 billion
• Hyundai launches Safe Move road safety campaign
• Toll collection for commercial vehicles begins on ICTT Road
• Rupee slips 29 paise against US dollar
• Theresa May says she is armed with fresh Brexit mandate
Passenger Vehicle
• Nissan sparks Brexit shockwaves through UK auto sector
Two Wheelers
• Bajaj Auto sales up 15% in January at 4,07,150 units
Aftermarket
• Madras high court corrects tax evasion fine from Rs 19 lakh to Rs 5,000 on Bajaj Auto dealer
• CarZ opens FOFO center in Hyderabad
Auto Components
• NCLAT turns down Tata's plea to bid for Bhushan Power and Steel
• Panasonic cuts profit outlook on slowing China demand; Tesla business a bright spot
Auto Technology
• Continental acquires vehicle antenna manufacturer Kathrein Automotive
• In talks with large auto companies in India: Harman
Auto Finance
• MG Motor India ties up with SBI for dealer finance
Oil & Lubes
• Subsidy provisions may reignite interest in ONGC, OIL
• Crude oil prices bounce 0.81% on global cues
• Singapore refinery profits fall to lowest since 2010 at $1.20 per barrel
 
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