Morning Daily - 2019-03-19

ETAuto Newsletter | Tuesday, March 19, 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
• Light vehicle sales growth likely to skid to lowest in 5 years in 2019
• Maruti cuts vehicle production by over 8% in February
• FAME-II: Govt sets up inter-ministerial panel for monitoring, sanctioning of projects
• Lyft Aims for Valuation Near $20 Billion in Biggest U.S. IPO
• Tesla likely to be in India by 2019-2020
• DGCA (finally!) grounds all Boeing MAX planes. Are you among the 17,000-odd likely to face chaos today? Find out here. ET Prime
• JLR recalls over 44,000 units in UK to rectify emission issues
• Volkswagen wants to participate in battery cell subsidies scheme
• Skoda India launches Octavia Corporate Edition at Rs 15.49 lakh
• HMSI supass 60 lakh sales mark in North India
• Connected Car revenues to grow five-fold by 2025: Report
• Maruti Suzuki raises dealer margins on best-selling cars from January Https://www.livemint.com
• MRF can avail input tax credit only for invoice value: Tamil Nadu authority Business-standard.com
• BS-VI cars to be costlier by 3-7 %, two-wheelers by 10-15% Business-standard.com
• Court clears route for DDA to raze shops to decongest traffic in West Delhi Https://www.hindustantimes.com/
• Soon, parking space for 5,000 cars in old Delhi Https://www.hindustantimes.com/
• Job Search In The Age Of Artificial Intelligence - 5 Practical Tips Forbes
• Three Steps To Hiring And Promoting Strong Leaders Forbes
Industry
• Cabs can stay for free at IGI for first 10 minutes
• After tax sops, 14,000 vehicles tag along
• NCLT Bench Allows Fresh Bids for Amtek Arm
• Most Asian currencies make headway on weak US data
• Bengaluru to get 1,000 bicycle parking hubs in phases
• As India works on a strategy to spur Indo-African bilateral trade, Suresh Prabhu pitches for FTA
• Far-flung job offers pose tough choices for GM Ohio workers
• Rupee rules at over seven-month high, eyes more upside
• BMW joins Ship Recycling Transparency Initiative
• Renault-Nissan must streamline decision-making: Renault's Senard
• Dollar-rupee swap: RBI chief between a rock and a hard place
• Brexit spurs biggest cut in UK business investment in 10 years: BCC
• Rupee opens 18 paise higher at 68.92 against dollar
• Insurance firm penalised, asked to settle car accident claim amount
• KSRTC gets Rs 50,000 relief for damaged bus
Passenger Vehicle
• Trump to GM: Reopen Ohio plant, close one in Mexico or China
• Nissan governance panel sees no need to overhaul alliance agreement: Source
• Mahindra deploys six Marksman bulletproof vehicles at Delhi Airport
Aftermarket
• BMW India launches aftersales benefit programme
• Hyundai Motor India organises mega experience camp
• Isuzu Motors India inaugurates new service facility in Visakhapatnam
Auto Components
• Essar Steel inching towards resolution
• NCLAT allows implementation of ArcelorMittal's resolution plan for Essar Steel
• Germany's Leoni scraps 2019 profit target, unveils job cuts
• Essar Steel lenders mull options after NCLAT advice
Tyres
• MRF CMD K M Mammen elected as ATMA Chairman
Auto Technology
• Valeo invests Rs 25 crore for R&D test lab facility
Oil & Lubes
• Oil prices hover near 2019 highs as Opec supply cuts support
• Oil on the horns of a dilemma as slowdown, supply cuts play out
 
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