Morning Daily - 2019-04-13

ETAuto Newsletter | Saturday, April 13, 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
• Used car sales grow 4x new ones
• February factory output growth at 0.1%, slowest in 20 months
• Lumax Auto forms JV with JOPP GMBH to manufacture AMT
• Toyota sees new business opportunity in leveraging hybrid tech
• Adarin builds hybrid drivetrains for cars
• Theres a lot riding on India, reveals Ubers IPO filing
• IIP growth slows to 0.1% in February, CPI for March at 2.86%
• Motors, controllers, and sensors: This German firm is ready to cash in on the Indian EV opportunity. ET Prime
• Maruti Suzuki Celerio touches 1 lakh sales annually for the first time in FY19
• Volkswagen introduces Ameo Corporate edition in India; price starts Rs 6.69 Lakh
• India shifts to net steel importer in 2018/19, first time in three years
• Volvo to build XC40 SUV in China as demand grows
• China's General Lithium to launch 60,000 T spodumene converter by end-2020
• ZF expands footprint in Chinese market
• OPINION: Automotive is ready for metal Additive Manufacturing
• Bringing Life To Small Businesses: An 'Idea Guy' Makes Entrepreneurship His Reality Forbes
• 10 Keys To "Do Innovation" From Two Women Masters Forbes
Industry
• Uday Kotak flags widening trust deficit between govt & industry
• U.S. probes 675,000 Nissan SUVs over unexpected braking
• Traffic cops find 250 abandoned vehicles on Nagpur roads
• Auto giants battle used car dealers for Africa's huge market
• Renault-Nissan-Mitsubishi eyes post-Ghosn plan
• California proposes steps to allow small self-driving delivery trucks on roads
• Direct tax target may be scaled down in Budget
• KENT RO forays into automotive security, launches KENT CamEye
• Retail inflation edges up to 2.86% in March on costlier food articles
• US EPA to revise proposed freeze of vehicle fuel economy rules
• China's Foton considers acquisition of a Ford plant in Brazil: Newspaper
• Detention of Nissan's ex-chair Ghosn extended to April 22
• U.S. to send 100 agents to Mexico border to cut delays: Congresswoman
• China auto sales drop at smallest pace in 7 months, tax cuts help
• India-US trade bumps: Solution unlikely before elections
• Solo loans drive growth in credit to MSMEs
• No advance ruling for subsidiaries in India?
• Supreme Court halts payment by ArcelorMittal in Essar Steel insolvency case
• Auto tariff war would hurt more than U.S.-China fight - IMF chief economist
• EU countries agree to start formal trade talks with U.S.
• Suppliers Freudenberg, Benteler join forces in electric cars
Passenger Vehicle
• Huracan Spyder Evo, Bugatti Chiron to make up for BMW's no-show at New York Auto fest
• Honda's China sales likely to catch U.S. sales in 2-3 yrs: CEO
• Tesla begins sales of cheapest yet Model 3 car variant in China
Two Wheelers
• Hero MotoCorp starts customer benefit initiative for voters
• Revolt Intellicorp reveals design sketch of electric motorcycle
Aftermarket
• Uber files for IPO with a warning that it may never make a profit
• Uber is doing well? A glossary of terms to gloss over the losses
Auto Components
• Wabco cancels Q1 2019 earnings conference call
• Aurubis copper business hit by U.S-China trade war and Brexit
• A steel slump gives India a whole new area to worry about
• Copper rises on weaker dollar, nickel drops despite supply warning
• China's Tianqi agrees truce in battle over Chilean lithium miner SQM
• NMDC ramps up mining capacity, setting up new integrated steel plant
Auto Technology
• ZF launches coPILOT system for next-gem ADAS
Oil & Lubes
• India's oil imports from Iran slump 60% in Feb y/y: Sources
• Crude oil futures tick up on positive global leads
 
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