Morning Daily - 2019-04-27

ETAuto Newsletter | Saturday, April 27, 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
• Passenger car sales stare at a downhill journey
• After Maruti, Tata Motors find small diesel cars not cost effective
• Hero Motocorp Q4 profit down 25% in FY19 to Rs 730 crore
• Petrol SUVs Fast Becoming New Normal
• Maruti Suzuki to invest Rs 125 crore in CSR activities over next five years
• Rear seats of cars need better safety equipment: Study
• The recipe for a smart auto-tech startup: an IIT professor, INR1 lakh, and a patient investor ET Prime
• Ducati launches new Scrambler range in India
• Renault to propose joint holding company with Nissan - Nikkei
• Pick projects wisely, panel tells NHAI; Congress pans government over debt
• Uber said to aim for IPO valuation of as much as $90 billion
• Continental delays powertrain IPO to 2020 as profits drop 17 pct
• Mahindra enters industrial cluster development with ORIGINS Chennai HBL
• Maruti's exit from diesel could be a blessing in disguise for competitors Business-standard.com
• Dream Travel Jobs, the World's Largest Water Resorts, Top Airport Rewards Programs and More Forbes
• New Study Shows Age, Race And Gender Bias In the Interview Process Forbes
Industry
• Delhi: Starting May, a move to decongest 7 markets
• Ford says US opened criminal probe over vehicle emissions
• Tesla's Elon Musk, SEC again ask for more time to reach deal over CEO's Twitter use
• Brokerages Cut Earnings Estimates for Maruti Suzuki on Weak Q4 Nos
• E-invoicing may begin under GST
• Forex reserve falls by $739 million to $414.14 billion
• AutoNation quarterly profit beats on higher earnings per vehicle
• Private buses in Bengaluru have a free run as transport department turns a blind eye to violations
• Rupee rises 23 paise to 70.02 as crude oil falls
• Japan resists U.S. pressure on FX in trade talks ahead of Abe-Trump summit
• U.S. April auto sales seen falling as higher prices keep away young buyers: J.D. Power, LMC Automotive
• Daimler says it has no idea how Kim Jong Un got his limos
• You may be paying higher tax on annual maintenance bills
• GST refunds for exporters can now come in 3-4 days: CEPCs Mahavir Pratap Sharma
• Businesses can use IGST credit to settle centre, state tax dues: CBIC
• Daimler Q1 profit fell 16% in 2019
• Renault quarterly sales hit by currency, Iran withdrawal
• Ford more confident of stronger 2019 despite 'volatile environment'
Passenger Vehicle
• Maruti chairman warns of more hit on auto sales
• Why the BMW M850i worth $112,895 is more exotic than a standard rodeo steed
• Maruti Suzuki S-Cross may get 1.5 l petrol engine: Report
• Suzuki cuts full-year profit forecast on vehicle recall
Aftermarket
• Online auto marketplace Droom launches its services in Thailand
• PayPal to invest $500 million in Uber: Refinitiv IFR
Auto Components
• Jindal Steel's pellet plant clocks record annual production
Auto Technology
• Hyundai Motor introduces smartphone based EV performance control technology
Oil & Lubes
• Fitch Ratings sees risks to oil marketing companies as govt seeks more returns
• Oil dips on hope OPEC will raise output, but market remains tense
 
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