Morning Daily - 2019-04-20

ETAuto Newsletter | Saturday, April 20, 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, SoftBank fund, Denso invest $1 billion in Uber
• Subsidy schemes pinch tractor companies as state governments delay payments
• Royal Enfield enters South Korea
• Nissan to cut global production by 15 percent
• Monsoons to be well distributed in India: IMD
• Hyundai hires former Carlos Ghosn ally Munoz as global COO, Americas head
• The 10 Best Cars, One Cool Concept and One Groovy Beach Buggy At The 2019 New York Auto Show Forbes
• Volkswagen rolls out its 1-millionth car from Pune plant
• Skoda wants to drive made-in-India cars. But it may be too late for the party. ET Prime
• Daimler to seek 6 billion euros in cost savings at Mercedes
• Carlos Ghosn to be indicted on additional charge: Report
• Tata Technologies partners with FutureMove Automotive for connected mobility solutions
• China Tells Indians To Work "9-9-6" To Catch Up With Them -- It Won't Work Forbes
• The U.S. Cities With The Highest Concentrations Of STEM Jobs [Infographic] Forbes
Industry
• Scanty spending by government leaves liquidity deficit of Rs 70,000 crore
• Nagpur: 310 bikers penalized for noise pollution
• Vehicle sales in Diamond City drop first time in two years
• Nissan slams output cut report as 'completely incorrect'
• Business sentiments down by 7.7% in second quarter compared to last year: D&B report
• USMCA would modestly boost U.S. economy, cut vehicle production: Analysis
• Japan leaves economy assessment unchanged in April
• GM CEO Barra's pay dipped slightly to just under $22 million in 2018
• MNCs in India may face higher taxes
• Nikkei buoyed by cyclical stocks; Nintendo jumps 16 per cent
• Investors panic as Income Tax seeks details from unlisted companies
• Coming soon to China: the car of the future
• RBI Governor Shaktikanta Das, Deputy Viral Acharya split vote on interest rates
• Dollar inflows for corporates may give the rupee a lift
Passenger Vehicle
• Fiat Chrysler recalls 320,000 Dart cars that could roll away
• Skoda India announces assured buyback program for Superb sedan
Two Wheelers
• Benelli opens new dealership in Noida
Auto Components
• Researchers improve recycling process for lithium-ion batteries
• Chile's Cochilco holds 2019 copper forecast at $3.05/lb
Auto Finance
• U Gro Capital launches lending operations in Delhi
Oil & Lubes
• U.S. refiners planning major plant overhauls in 2nd quarter
• Russian oil output at 11.24 million bpd from April 1 to 18: Source
• Venezuela skirts U.S. sanctions by funnelling oil sales via Russia
• Oil market likely to be well balanced in 2019, says Saudi energy adviser
 
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