Morning Daily - 2019-04-02

ETAuto Newsletter | Tuesday, April 2, 2019
ETAuto.com
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Complete Auto Sales Analysis FY19: A Roller coaster year for automakers
• Global Auto Inc announces over 37,000 jobs cut in first three months of 2019
• Vinod Dasari joins Royal Enfield as CEO
• Govt extends anti-dumping duty on aluminum alloy wheels
• Royal Enfield to invest Rs 700 crore as capex for FY'20
• In top gear: Honda Motorcycle FY18 sales rise 16% to Rs 26,728 crore
• The cost of a INR8,000 crore lifeline: Tatas may demand a culture shift at GMR, governance spring cleaning, and perks for Vistara ET Prime
• In a first, electric cars outsell traditional ones in Norway
• Motherson signs JV with Hamakyorex for finished vehicle logistics in India
• Maruti hikes prices across models by up to Rs 689
• Maruti Suzuki's production cut has Kansai Nerolac investors worried Https://www.livemint.com
• Road building in India second cheapest in Asia, says AIIB study Business-standard.com
• 'MG Motor will be the first to offer an affordable mild hybrid car in India' Https://www.livemint.com
• Elgi Equipments plans Europe expansion with a 'disruptive' product @businessline
• A shot in the arm for electric mobility @businessline
• Mobycy looks to raise $30 million @businessline
• The Gender Pay Gap And The Career Choice Myth Forbes
• 6 Workplace Megatrends To Know To Advance Your Career Forbes
Monthly Sales Report Card
• Maruti Suzuki reports highest total sales growth in FY'19
• Tata Motors sales dip 1% to 68,709 units in March
• Mahindra & Mahindra posted 9 per cent growth in domestic sales in FY19
• Honda Cars India records 8% growth in domestic sales in FY19
• VECV total sales dips 7.8% in March
• Escorts domestic sales drop 1.1% in March
• Ashok Leyland domestic sales declines 5% in March
• HeroMotoCorp posts sales of 581,279 units in March
• HMSI sells 55.20 lakh units in FY19.
• TVS Motor sales up 12% in FY19
• Mahindra Tractor sales registered growth of 3.38 per cent in sales in FY19
• Suzuki Motorcycle posts 30% rise in sales in FY19
Policy
• RBIs 1st monetary policy of FY20 on Thursday
Industry
• Fiscal Deficit target looks closer on high GST mop-up
• BMW's UK Mini plant shuts for four weeks despite Brexit delay
• Core sectors' growth in February slows down to 2.1% YoY
• Germany's manufacturing recession worsens: PMI
• Government collects highest ever GST in March at Rs 1.06 lakh crore
• Tata Motors jumps over 6% on expectation of better JLR Q4 results
• Japan's business confidence hits 2-year low as trade war stings
• PSU banks, private banks, and realty showing momentum
• Trading dollar-rupee options
Passenger Vehicle
• Passenger vehicle sales stay in slow lane ahead of elections
• Rolls-Royce Motor appoints Jozef Kaban as Head of Design
• Volkswagen India drives in Black & White edition of Polo, Ameo and Vento
• Toyota Kriloskar Motors posts 7 percent growth in domestic sales in FY19
Commercial Vehicle
• BYD launches world's longest pure electric bus
Aftermarket
• Lyft drops below IPO price as investors question path to profitability
• Lyfts shares soar in trading debut, cementing rise of the gig economy
• Nashik: RTO to launch drive against old rickshaws on Monday
• Mumbai: Soon, you can book Ola, Uber at kiosks in stations
Auto Components
• RINL records highest sales turnover of Rs 20,844 crores in FY 2018-19
• India levies anti-dumping duty on solar cell component from four nations
• Nippon Steel to bolster overseas business, focus on India
Auto Technology
• BMW Motorrad launches Race Kit for the S 1000 RR
Oil & Lubes
• Saudi Aramco world's most profitable company in 2018
• ONGC gas output jumps 6.5 pc to record high in FY19
• Oil set for best quarterly rise since 2009 on OPEC cuts, sanctions
 
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