Morning Daily - 2019-05-02

ETAuto Newsletter | Thursday, May 2, 2019
ETAuto.com
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Shutter down: Dealers follow car sales into slow lane
• Passenger vehicle tanks by 17% in April 2019
• Hero MotoCorp to expand premium product portfolio in next 3 years
• Why Maruti might be right in banning diesel cars? Deccan Herald
• Slowing Volume Growth, BS-VI Take Sheen Off TVS Motors
• What's Trending in the Automotive Display Market? Electronic Design
• Hyundai EVs for ride-hailing companies may be rolled out from 2021 Https://www.livemint.com
• Renault-Nissan -- Why not a proper merger? Nikkei Asian Review
• Maruti's diesel pullout could help foreign car makers make rapid gains Business-standard.com
• Diesel is dying, but electric vehicles are too expensive Telegraphindia.com
• Honda's Premium Compact SUV HR-V to Replace BR-V in India in 2019 The Quint
• Suzuki Motorcycle sets 2-wheeler sales target of one million units for FY20 @businessline
• Logistics tech startup Blackbuck raises $150 million in Series D round
• Maharashtra: E-vehicles to get subsidies of up to Rs 1 lakh
• Vmoto signs agreement with Ducati to launch electric two-wheeler
• Replacement sales, low lead prices power Exide's margins Https://www.livemint.com
• Okinawa Scooters gets nod for FAME II subsidy
• NXP Earnings Highlight ADAS Growth And Automotive Decline Forbes
• Google opens Android Automotive OS to Spotify, other media app developers - TechCrunch TechCrunch
• 'Math Doesn't Lie': Elon Musk May Need Wall Street Cash To Make Tesla Profitable Fortune
• Shed no tears. Marutis diesel cars offered you torque, not savings. ET Prime
Monthly Sales Report Card
• Maruti Suzuki domestic sales dip 19% at 133,704 units
• Hyundai domestic sales down 10% in April
• Honda Cars India posts 23% growth in domestic sales in April 2018
• Royal Enfield April sales dip 17% to 62,879 units
• VECV April sales remain flat at 3961 units
• Escorts April domestic sales slips 18% at 4,986 units
Industry
• Jaguar to move Land Rover Defender production to Slovakia
• GST receipts in April highest since rollout
• Tesla sued over fatal crash blamed on autopilot navigation error
• Toyota, Fiat Chrysler U.S. sales fall in April
• U.S. SEC commissioner decries agency's deal with Tesla's Musk
• GST collection jumps to Rs 1.13 lakh crore in April, the highest since its rollout
• NCLAT prepones hearing on Essar Steel to May 7
Two Wheelers
• Hero MotoCorp launches three next-gen bikes starting at Rs 94,000
• NDMC ready with e-scooter project for last-mile ride
Aftermarket
• Ola parent wants to up share capital to mop up $300M
• New app cab service to start on May 7 in Kolkata
Auto Components
• Royalties for lithium to be set case by case in Chile: Minister
• Tata Steel workers lose faith in Thyssenkrupp deal: Works council
Oil & Lubes
• Oil pares gains as fears ease on Venezuelan exports
• U.S. crude output declines in Feb for first time in 9 months
• India apprehensive Iran sanctions could boost oil, inflation
 
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