Morning Daily - 2019-02-09

ETAuto Newsletter | Saturday, February 9, 2019
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Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Policies in India do not create easy access to luxury brand, says Rahil Ansari
• Barring CV, all other auto segments report negative sales in January
• Worst quarterly losses in India Incs history: Tata Motors joins the league
• Auto loans likely to face downside risks on weak CV demand
• M&M Q3 profit surges 60% YoY to Rs 1,476 crore, beats Street estimates
• No deal Brexit will force 3-weeks JLR plant shutdown in April, profitability to be hit:Tata Motors
• Uno Minda builds a buffer: How the auto-parts group is diversifying into safety components ET Prime
• Toyota India chief outlines priorities with Suzuki HBL
• Yamaha sees new global role for India in BS VI era HBL
• UP is on an expressway-building spree. The likely cost: about Rs 1 lakh crore
• Higher tractor and auto sales drive Mahindra December quarter net up 7% Business-standard.com
• Kia Motors in Talks with Andhra Govt to Set Up Testing Facility
• South Korean auto brands now firing on all cylinders worldwide HBL
• AP enters into MoU with Bosch to train students
• Automakers recall 1.7 million cars with fatal airbags
• Varroc Engineering Q3 profit falls 12.7% at Rs 102 crore
• MRF Q3 profit skids 18% to Rs 279 crore
• Self-driving dream team gets $530 million from Sequoia, Amazon
• 10 Telltale Signs That Your Boss Hates You And Wants To Push You Out The Door Forbes
• 'How To Be Alone' Author Reveals How To Power Through Forbes
Industry
• Reserve Bank of India delivers a pre-election rate cut gift to Modi but is it enough?
• Government and RBI should address differences between them: Y V Reddy
• US considers withdrawal of zero tariffs for India: Sources
• Volvo Cars courts investors to raise cash for Polestar
• Easing of import norms on luxury vehicles removes delay, will bring newer tech to India
• Amazon invests in self-driving car startup Aurora
• There is room for more rate cut but core inflation is still high: Nilesh Shah
• Tata Motors shares crack 29.5% on biggest quarterly loss
• AP enters into MoU with Bosch to train students
• Belgium's Umicore says 2019 earnings to be hit by car industry slowdown
• Fiat Chrysler paid $77 mln in U.S. fuel economy penalties in 2018
• Ford to invest $1 billion, hire 500 at Chicago factories
• Fiat Chrysler profits soar on North American results
Passenger Vehicle
• Bugattis in a barn: Coveted pre-war cars up for auction in Paris
Two Wheelers
• HMSI launches CB300R in India at Rs 2.41 lakh
Aftermarket
• Ola sells 2 cr in-trip micro-insurance policies per month
• Uber lays out its plan for long-term self-disruption
Auto Components
• Tata Steel Q3 profit jumps 54% YoY to Rs 1,753 crore, misses Street estimates
• Cold weather can cut electric car range over 40 percent: Report
Oil & Lubes
• Opec output cuts keep oil firm, trade deal to add fuel to the rally
• Oil falls on economic slowdown, but OPEC output cuts offer support
 
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