Morning Daily - 2019-05-01

ETAuto Newsletter | Wednesday, May 1, 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
• Will continue to sell diesel models in India: Ford
• Continental spins off powertrain unit
• M&M stops producing India's first electric car model amid flagging sales
• Here is Toyotas Suzuki re-badged cars name, look and launch date
• EV battery maker LG Chem sues SK Innovation, alleges trade secret theft
• Maruti launches Ertiga with 1.5 litre diesel engine priced up to Rs 11.2 lakh
• Shed no tears. Marutis diesel cars offered you torque, not savings. ET Prime
• TVS Motor Q4 profit slumps 19%
• Schaeffler India Q4 net profit slips 4% at Rs 106 crore
• WheelsEMI looks to raise Rs 250 crore in series C funding
• Exide reports 6% topline growth for Q4
• Uber Pitches Expansions While Investors Question Losses
• Ford reaches agreement with workers at Brazilian plant it plans to shut down
• Ford partners with Amazon to allow package deliveries to owners' cars
• SoftBank to start new megafund 'in next few months' Nikkei Asian Review
• TVS shares slump as headwinds challenge growth after a weak Q4 Https://www.livemint.com
• The U.S. Jobs Disappearing The Fastest [Infographic] Forbes
• How To Relocate To Where The Hot Jobs Are Forbes
Industry
• UK car output to collapse on no-deal Brexit: industry
• Underage drivers vroom through the city streets in Kochi
• Rupee gains for 2nd session, settles 46 paise higher
• GM reports lower sales in China, North America
• Core sector growth improves to 4.7% in March
• GM first-quarter profit beats estimate, lifted by pickups, Lyft
• China electric car firm Faraday Future says obtains $225 mn in bridge financing
• TVS Motor shares fall 2% ahead of Q4 numbers
• Chinese EV maker CHJ seeks to raise up to $500 mln in growth push: Sources
• UK car output falls 14 pct in March, worse seen if no Brexit deal
• Rupee rises 32 paise to 69.70 vs dollar amid easing crude prices
• HC notice to ELCOT to implement GPS tech in autos, contract carriages
Passenger Vehicle
• Soybeans and eucalyptus are the new face of luxury in vehicles
Two Wheelers
• Peru bans electric scooters from sidewalks, pedestrian zones
Aftermarket
• Uber drivers plan protest over pay ahead of IPO
Auto Components
• Liberty seeks time, Committee of Creditor appeals for fresh Adhunik bid
• China's CATL starts mass production of high-nickel batteries: Chairman
• Glencore cuts 2019 copper production target
• US starts probe against alleged dumping of a alloy steel rod from India, other nations
• Voestalpine steps up cost cuts as business climate worsens
• Uttam value, Galva lenders ignored higher bid
Auto Technology
• Fiat Chrysler picks Google, Samsung for global connected car system
Auto Finance
• Why Deven Choksey is betting on insurance and auto stocks
Oil & Lubes
• India, China set up joint working group to tackle crude volatility
• Asia's crude oil imports from Iran rise to 8-month high in March: Data
• Oil dips as rising OPEC, US output seen making up for Iran sanctions shortfall
 
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