Morning Daily - 2019-02-13

ETAuto Newsletter | Wednesday, February 13, 2019
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Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• BS-VI may be spoiler, but HSMI on track for market share growth
• Infra-wise connected mobility easiest to adopt in India
• Tepid volume growth of Enfield a challenge for Eicher Motors
• Why CPI is the most adequate measure to address inflation
• Industrial production grows at 2.4% in December on the back of manufacturing uptick
• 100-125 cc to remain mass segment post BS-VI, says Minoru Kato, President and CEO, HMSI
• Two SUVs, 45 dealers. MG Motors India launch is deceptively modest. Here's why competitors can't take this Chinese insurgent at face value. ET Prime
• Banks clear MSME loans worth Rs 30,000 crore via 59-Minute portal
• New auto industry report highlights 11 technologies to pace up digitization
• Nissan downgrades full-year forecast, logs nine-month profit fall
• Tata Motors global sales down 12% in January at 1 lakh units
• Eichers Siddhartha is EY Entrepreneur of 2018
• Helmet use in city rose from 25% to 53% in 1 year: Cept study
• Japan among 40 nations to back U.N. draft regulation on braking systems
• The Ghosn effect? Nissan, Renault unveil first results post-crisis HT MINT
• Motherson Sumi valuations get throttled as margins slide in Q3 results Https://www.livemint.com
• TaMo's loss brings back focus on group's foreign buys
• How CISOs View Their Jobs Forbes
• Will A Degree Help Me To Successfully Switch Careers? Forbes
Industry
• Indonesia relaxes rules to boost car exports
• Australia's auto sector suffers earnings hit as consumer spending slows
• Indo-US commercial dialogue on February 14
• Nissan: Undeclared payments by Ghosn total over $83 million
• Retail inflation dips further to 2.05%, lowest in 19 months
• India, Russia draw up ambitious agenda in 2019 to boost economic partnership
• 48% employees keen on switching jobs for greater flexibility
• Finance Ministry spent Rs 1,157 crore extra in 2017-18 without obtaining prior approval: CAG
• Slowdown makes Thyssenkrupp targets tougher to reach
• Number of vehicles more than doubled in Shimla in last 14 years
• BS-VI upgradation for 2 refineries to cost Rs 5,000 cr: MK Surana, HPCL
• Indian shares muted ahead of inflation data
• Nissan books $84 million Ghosn-related charges, cuts outlook
• European shares rise on trade optimism; Michelin inflates tyre makers, autos
• Indian steel cos more competitive as they have access to cheaper iron ore: Ravi Uppal
• Carlos Ghosn remains director of Renault, Bollore chairman of Renault-Nissan
• China says consumption growth likely to slow further this year
• Artificial Intelligence commands huge premium in job market
• Yet to induct e-vehicles, BMTC may miss Centres Rs 75 crore subsidy bus
• Rupee gains 7 paise against US dollar in early trade
• Nikkei rebounds from 3-week low as automakers, machinery stocks gain
• Renault's Senard to meet Nissan CEO Saikawa in Japan this week: sources
• Indore has immense potential in garment, auto
• Sensex drops 151 points on heavy selloff in auto stocks
Passenger Vehicle
• Maserati revamps Modena plant to produce new sports car
• Upstart Rivian flagged as Tesla disrupter in SUVs and pickups
Commercial Vehicle
• AgraMathura to get 100 electric buses, new depot at Runakta
Two Wheelers
• Global brokerages bullish on Eicher Motors post Q3; should you invest?
Auto Components
• Adopt Kerala method to boost rubber production: Tripura CM
• Amara Raja Q3 PAT down 2% at Rs 131 crore
• Tata Steel hits over 1-month high; chart suggests more upside
• NCLAT extends deadline for NCLT Ahmedabad to decide on Essar Steel insolvency case by February 19
Auto Technology
• Driverless delivery startup Nuro gets $940 million SoftBank investment
Auto Finance
• NBFC crisis hits corp bonds, sales dip 13% to Rs 4 lakh crore till Dec
Oil & Lubes
• Venezuela turns to India as sanctions cut oil flow to U.S., Europe
• Bombay High Court rejects Reliance Naval plea against ONGC
• BP fields to boost Egypt's gas output as Cairo returns to export market
• Petrotech 2019: ADNOC to fill up half of Padur strategic crude oil storage
 
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