Morning Daily - 2019-02-28

ETAuto Newsletter | Thursday, February 28, 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
• Cabinet likely to clear Rs 10,000 crore FAME II scheme
• Schaeffler to expand CV biz; make India R&D hub for mechatronics
• SAIC Motor may invest $350m in India
• Tata Motors' premium hatchback Altroz: Top five things to know
• Toyota May Bring in High-end MPVs Hiace and Alphard
• Aggressive rivals, ageing models, and dealership troubles have knocked Audi down. Recovery will be a tough task. ET Prime
• Govt may offer up to Rs 2.5L subsidy for 60,000 e-cars
• Hyundai to Spend $40b to Keep Up with Times
• FCA extends warranty for Jeep Compass
• Indias GDP growth seen at 6.7-7.2% in 3rd quarter
• Maruti Suzuki launched new Ignis with roof rails and safety features
• Nearly 50% of transport pollution deaths linked to diesel: study
• Bescom app to help e-vehicle owners locate charging stations
• Hero MotoCorp, TVS Motor, Bajaj Auto facing the heat of high inventory levels Https://www.livemint.com
• Hyundai's Latest Plan Lacks That New Car Smell Bloomberg.com
• Driving the 3 Es at Maruti Suzuki @businessline
• How To Identify Promotion Opportunities: Seven Ways To Find Your Next Move Forbes
• Traits Of The Top 3% Of Future Leaders Forbes
Industry
• Govt detects Rs 20,000 cr GST evasion in April-Feb FY'19
• Ford's China JV ends some contracts with job agencies as sales fall
• Hyundai Motor says to lift auto operating margin to 7% by 2022
• Volkswagen deepens cloud computing partnership with Microsoft
• Rupee tumbles 17 paise to 71.24 as India-Pak tensions flare up
• India's economy seen losing momentum ahead of election
• Iron ore prices in India may rise 3-4 per cent in 2019: Report
• A tweet may cost Elon Musk his job as Tesla CEO
• Delhi to get 4,000 new buses to ease transport woes
• Panel to overhaul Direct Tax law seeks 3 months extension
• Indias transformational GST has some hits, few misses
• Rs 100 crore overbridge at Chimbel gets NHAI approval
• Pitstop appoints ex-Mericar.com CEO Rakesh Sidana as General Manager
• Elon Musk ordered to tell judge why he's not in contempt
• UAW sues GM to stop closings of plants in states
• Funds infusion into PSBs not enough to support lending growth: Fitch
• Bajaj Auto hits over 5-1/2-month high; chart suggests more upside
• MSME lending now fuelled by digitisation and data driven decisions
Passenger Vehicle
• Chinese EV maker BYD says 2018 preliminary profit down 31 pct, blames competition
• Skoda unveils Kamiq SUV ahead its world premiere at Geneva Motor Show
• Apple self-driving car layoffs give hints to division's direction
• Volvo's Polestar joins electric car race with rival to Tesla 3
• Hyundai Creta crosses 5 lakh sales milestone
• JLR India introduces two online buying platforms for Land Rover
• French auto major PSA to set up two plants in Tamil Nadu
Two Wheelers
• Ducati launches DRE racetrack training in India
Aftermarket
• Transport dept seizes bike taxis in Chennai for flouting rules
Auto Components
• Car parts firm ZF Friedrichshafen considers Wabco takeover: Source
• Hella opens second electronics plant in India
• Crude steel output in India at 9.18 million tonne in January : Report
Auto Technology
• Volkswagen praises Ford's autonomous tech as partnership talks continue
• Connected car market size to reach $219.21 billion by 2025: Calvin Nichols, Sasken Technologies
• Continental, HPE introduce vehicle data sharing platform
Oil & Lubes
• IOC wins city gas licences for 10 areas; HPCL wins for 9
• Oil rises on OPEC-led supply cuts, report of falling US crude inventories
• Ineos to invest 1 billion pounds in UK energy assets
• Aramco CEO says oil industry facing 'a crisis of perception'
• US envoy offers Assam state of the art technology for exploring petroleum and natural gas
 
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