Morning Daily - 2019-03-21

ETAuto Newsletter | Thursday, March 21, 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
• Toyota Kirloskar to start making Suzuki cars in India by 2022
• Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
• Man Vs Machine: Over 1000 jobs to go as Goodyear plans modernisation of German plants
• Stellar Value Chain Solutions plans to assemble auto parts
• What led to muted auto sales in Maharashtra
• DICV plans expansion in export portfolio with 30 new products by 2019
• Crushed under a glut: why slamming the brakes on production alone wont save the auto industry ET Prime
• VW's Skoda Auto: cannot repeat 2018 pay hikes in new round of bargaining
• Dongfeng-Nissan JV says mid-term China sales plan has not changed
• Toyota to build new hybrid cars in Brexit-facing UK
• NBFCs borrow more from banks on liquidity crunch
• Safety first: Volvo to add in-car sensors to prevent drunk driving
• Shriram City aims for quarterly reduction in NPAs HBL
• Italian super-bike Benelli plans manufacturing unit in India HBL
• Automobile industry hopeful that things will start looking better from June-July onwards Epaper.livemint.com
• MG Motor signs Benedict Cumberbatch as India brand ambassador Https://www.livemint.com
• Looking For A New Job? Beware Of The Mistake That Could Cost You $750K (Or More) Forbes
• Five Subtle Signs You Have A Bad Manager Forbes
Industry
• Ashram to AIIMS: Way forward may be clearer by next year
• France threatens to reject May's Brexit delay request
• Counting the cost: Nissan unpicks Ghosn legacy of "high-handedness" and "wrongdoings"
• Rupee recovers 13 paise against dollar
• India, Peru hold 4th round of FTA talks in Lima
• BMW warns profits will fall due to costs, trade uncertainty
• Ford repackages factory investment plan, will add 900 jobs
• India expresses concern over widening trade deficit with China
• What gives investors biggest headache? China, not trade war!
• Ford shifting 550 jobs to boost SUV production in Kentucky
• GM to invest $2.7 bln in Sao Paulo, Brazil factories over 5 years
• Nvidia, Israel's Cognata to partner on self-driving simulations
• Mexico and Brazil reach light-vehicle free trade agreement
• Rupee opens 9 paise down at 69.05 against dollar
• Transport commissionerate urged to curb use of own-board vehicles for commercial purposes
Passenger Vehicle
• Change of plans: Henrik Fisker now working on a $40K electric SUV
• BMW warns of significant profit fall in 2019, seeks 12 bln euro in cuts
• Ford shifting 550 jobs to boost SUV production in Kentucky
• I-PACE eTrophy showcasing e-mobility to potential future consumers
• Egypt, Nissan agree to produce 100,000 cars a year: minister
Two Wheelers
• GoZero Mobility to make foray into Indian market with two products
Aftermarket
• Crossroads emerged as the Uber destination to provide one-stop Auto solution
• Soon, vehicles to have high security number plates
• Lyft IPO oversubscribed on Day 2 of road show: Sources
Auto Components
• Pramod Mittal repays Rs 2,210 crore dues to STC
• No stay on funds distribution at Essar Steel
• Thyssenkrupp, Tata Steel get EU extension of JV remedy deadline
• Trade panel says U.S. producers harmed by structural steel imports
• NCLAT directs Essar Steel to call CoC meeting to reconsider distribution of funds
 
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