Morning Daily - 2019-05-09

ETAuto Newsletter | Thursday, May 9, 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
• GM fired PIO engineer who exposed Volkswagen emissions fraud
• Indian auto retail declines 8% in April
• As Uber gears up for IPO, many Indian drivers talk of shattered dreams
• TVS Motor invests $3.85 million in a digital startup TagBox
• End-To-End Additive Manufacturing For The Full Automotive Lifecycle Forbes
• Riding alone in a car is an increasingly unaffordable luxury The Economist
• Automobile industry spends more on advertising in 2019 across TV, print and radio: Report Moneycontrol
• A small Chinese carmaker with a name few Americans can pronounce wants to be the first to sell in US CNBC
• Nissan's premium brand Infiniti names new global chief
• Ather 450 gets nod for FAME-II subsidy
• Delhi's air quality 'very poor', expected to turn 'severe' due to dust storm: SAFAR
• Toyota, Honda plan to attack costs to free up cash for new tech
• IMMA appoints Rakesh Sharma as Vice President
• In the car with Google: Assistant gets voice-enabled driving mode with personalised suggestions
• Defying Brexit, Volvo car brand Polestar picks UK for new development hub
• Deflating prospects: Automobile dealers to go for leaner inventory to ease pain @businessline
• Slow agri-machinery growth puts Escorts' performance out to pasture Https://www.livemint.com
• Daimler CEO says successor will have tough job
• GM In Talks To Sell Ohio Plant To EV Truck Venture Workhorse Forbes
• The Best Defense Is A Strong Offense -- Especially When Addressing Your Shortcomings Forbes
• After Jets fall, a Bahubali flexes his muscle: how SpiceJets Ajay Singh is using DGCA to battle IndiGo ET Prime
Industry
• Toyota reports dip in quarterly profit, projects recovery
• Honda reports fiscal quarterly loss, to streamline models
• Automotive Holdings backs AP Eagers' sweetened $586 mln offer
• GM to sell Lordstown plant, invest $700 mln in Ohio: Trump
• EnBW to widen charging point network for electric cars: CEO
• GM, union reach deal to rescue part of Ontario plant -source
• Report casts fresh doubt on India's growth figures
• U.S. to hike tariffs on $200 billion worth of Chinese imports: Federal Register
• RBI warns Finance panel of more fiscal slippages by states
• Financial institutions set to realise Rs 80,000 cr from IBC in FY20: ICRA
• Jalan panel to hold at least 2 more meets before final report on RBI capital size
Passenger Vehicle
• Toyota sees smaller-than-expected profit rise in 2019-20
Commercial Vehicle
• Isuzu Motors opens service facility in Ahmedabad
Aftermarket
• Ford plans to take medical transport venture nationwide
• Lyft loss widens to $1.1 bn, unveils Waymo partnership
Auto Components
• SSG Capital moves NCLT; claims lenders ignored its claims for Uttam Galva assets
• Cheaper fuel cells could replace gas engines in vehicles
• Germany's Schaeffler sells British factory in job securing deal
• Chile exports dip in April as copper, lithium prices slide: Cenbank
Tyres
• Passenger car tyres, currencies hit Nokian Tyres Q1
Oil & Lubes
• India monitoring costs of importing non-Iranian oil
 
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