Morning Daily - 2019-03-26

ETAuto Newsletter | Tuesday, March 26, 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
• Electric 2W, 3W must produce public transport permit to avail FAME-II sops: Govt
• Low on incentives, electric 2-wheelers may lose million units race
• Hyundai hikes average monthly wages by Rs 25,200
• Hyundai Qxi - The Vitara Brezza, Ford EcoSport rival: Top Things to know
• Heyday may not return for auto sector anytime soon
• Mumbais car density 5 times that of Delhi
• Toyota Kirloskar generates 87% energy through renewable means, contributed in reduction of 51000 tons of Co2 in FY-19
• Delhis electric-vehicle policy could be a game changer. But it has to tackle stubborn old challenges before saving your choked lungs. ET Prime
• Peugeot needs FCA more than the other way around
• Karnataka: Transport dept revokes Ola ban, tells it to pay Rs 15 lakh fine
• Bhavish Aggarwal's new investor grouping distances Ola further from SoftBank as merger with Uber goes off the table
• Auto sector situation unlikely to improve in next 2 quarters: Nikunj Sanghi, FADA
• Ride-hailing service cheaper than owning a car: Survey
• Why Answering The 'How Did You Learn About The Job?' Question Is Trickier Than You Think Forbes
• How To Turn A Summer Internship Into A Full-Time Job Forbes
Industry
• Delhi: East-west, north-south corridors to cross paths near Punjabi Bagh
• Liquidity status, fiscal deficit under control: Government
• Weak exports, rural distress, uncertainty over election outcome to drag down IIP: Report
• Government moves NCLT seeking immunity for IL&FS board members
• Government yet to restrict dazzling headlights despite Madras high court order
• Mine protected vehicles, 30-seater buses for CRPF convoys in Kashmir: DG
• Liquidity comfortable, rupee-dollar swap to offer Rs 35k cr boost: Garg
• President Kovind embarks on state visit to Croatia, Bolivia and Chile
• Trump push for China trade reform draws wide support at home, abroad
• RBI swap auction: Banks may bid 15 bps lower than market rate
• Auto shares in the red; Tata Motors down nearly 2%
• Debt funds pare NBFC exposure, but equity funds keep faith
• Rupee opens 12 paise down at 69.07 against dollar
• Brexit up in the air as Theresa May pushes divorce deal for third time
Passenger Vehicle
• Electric vehicle startup Canoo will offer cars by subscription only
• Renault India to hike prices of Kwid by up to 3% from April
Commercial Vehicle
• Bangalore: E-City techies can hop on for a free bus ride
Two Wheelers
• ABS must for old & unsold two-wheelers from April 1 in Pune
• Suzuki introduces CBS in Access 125 Drum Brake variant
Aftermarket
• Bureaucratic roadblocks force mobility startups to drive away from Karnataka
Auto Components
• Steel prices to remain firm in coming months: Steel Authority of India
• Finnish utility Fortum joins battery recycling market
• Dalian iron ore dips, but market outlook stays firm
• India's crude steel output falls 1.4 per cent to 8.94 million tonnes in December
Tyres
• JK Tyre gets place in Limca Book of Records for launching largest off-road tyre
Auto Technology
• Tesla's in-car browsing experience to get a boost with Google Chromium
• New tech to combat vehicle number plate thefts
Oil & Lubes
• Regulator drops plan to force LNG terminals to reserve share for common use
• Oil wavers as traders weigh yield-curve jitters, tighter supply
• Oil prices drop almost 1 pct on concerns recession may be looming
 
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