Morning Daily - 2019-05-03

ETAuto Newsletter | Friday, May 3, 2019
ETAuto.com
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Unutilised capacity haunts car, SUV cos as demand slows down
• Slow down in FY19 on demand, investment, exports: FinMin report
• Retail auto sales remain under pressure: Rajiv Bajaj Moneycontrol
• Two-wheeler sales fall in April as makers avoid stockpiling at dealerships Business-standard.com
• Maruti signals new drive with diesel phase-out HBL
• India's manufacturing sector growth slows in April amid election uncertainty: PMI
• Hyundai opens booking of its compact SUV Venue
• Pre-Owned Car Market Bigger Than New Car Market: Study CarAndBike
• Seats of your next SUVs could be made from biomaterials
• Tata Motors brings Apple CarPlay in XZ+ variant of Tiago and Tigor
• The boss of PSA Group, a French carmaker, has revived its fortunes The Economist
• Muted Volume Guidance, Sluggish Demand May Delay Castrol Revival
• CK Holdings acquires Magneti Marelli from FCA
• Tesla expects global shortage of electric vehicle battery minerals: sources
• When you buy a Porsche, you buy the brand and promise HBL
• Now book Renault Cars on Paytm mall
• Tesla to raise $2 billion from share, debt issues
• Nissan bags patent related to wireless charging technology for EVs Business-standard.com
• German automakers differ of China JV strategies Automotive News Europe
• The global automotive LiDAR market accounted for US$ 415.1 Mn in 2018 Finance.yahoo.com
• Cool Reception For Jaguar Land Rover's Reported Plan For New Mobility Forbes
• How To Network With Younger People Effectively Forbes
• Three Ways To Grow From Failure Forbes
• Shed no tears. Marutis diesel cars offered you torque, not savings. ET Prime
Monthly Sales Report Card
• Tata Motors domestic sales drops 20% at 42,577 units in April
• Mahindra domestic sales down 8% at 41,603 in April
• Ashok Leyland domestic sales up 10% at 13,141 units in April
• Toyota Kirloskar post 22% decline in domestic sales in April 2019
• Hero MotoCorp posts 17.24% decline in sale in April 2019
• TVS Motor Company posts 5% increase in April sales
• Bajaj Auto domestic sales up 1% in April
• Mahindra Farm Equipment Sector post 8% decline in domestic sales in April 2019
Industry
• Europe must follow the money with new battery strategy: German minister
• Amsterdam to ban polluting cars from 2030
• Car-sharing apps' popularity drives debate about taxes
• PMO reviews 59-minute loan scheme, Rs 37,870 crore disbursed
• Repo rate cut transmission yet to happen: Finance Ministry Report
• U.S. legislation aims to thwart China's electric vehicle dominance
• Rupee darts up 19 paise to 69.37 vs USD on easing crude prices
• US legislation aims to thwart China's electric-vehicle dominance
• Why it may be premature to cheer the surge in April GST collection
• Carlos Ghosn affair shoves Japan two steps back
• TVS Motor tanks 8% as Q4 results disappoint Street
Passenger Vehicle
• Volkswagen's 1st quarter profit slips on its legal risks
• Volkswagen earnings upbeat despite diesel scandal charges
Commercial Vehicle
• Chakkadas to become past as manufacturer decides to stop its production
Auto Components
• Greaves Cotton Q4 profit plunges 34% at Rs 37.39 crore
• European alliance to invest up to 6 bn euros in electric car batteries
• Wesfarmers bids $544 mln for Australian lithium miner Kidman
Tyres
• MRF Q4 profit slips 15% at Rs 294 crore
• JK Tyre launches new tyre range for premium Indian bikes
Oil & Lubes
• India prepared to deal with impact of end of waivers from US sanctions on import of Iranian oil: MEA
 
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