Morning Daily - 2019-05-11

ETAuto Newsletter | Saturday, May 11, 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
• Why arent many natural gas powered vehicles on road?
• Suzuki Motor says Japan tax rise, India uncertainty to limit profit growth
• Electric bike co Okinawa to set up Rs 200-cr plant
• Skoda aims to sell one lakh cars per year from 2025: Official
• As auto sales skid, manufacturers & NBFCs brainstorm on revival plans HBL
• Driving change: Govt may let you be part-time cabbie
• After Jets fall, a Bahubali flexes his muscle: how SpiceJets Ajay Singh is using DGCA to battle IndiGo ET Prime
• Uber tumbles 9% in rocky stock market debut
• Industrial output shrinks for first time in nearly 2 years
• Karnataka government cracks down on under-pricing, luxury car registrations take a big hit
• Peugeot signals openness to deals after JLR report
• After Trump hikes China tariffs, Europe girds for battle over cars
• Mahindra launches new base W3 variant in XUV500 Range at Rs12.22 Lakh
• German ministry wants to boost contribution to subsidies for EV
• Volvo Cars is cutting several hundred jobs: Swedish radio
• To boost sedans, automakers use key feature from SUVs Automotive News
• Dirty cash probe finds booming Vancouver-China luxury car trade Automotive News
• Subaru earnings tumble on quality woes, incentives and sliding sales Automotive News
• At Least Two Dozen Classic Chevys Burn To A Crisp On Set Of An HBO Production Forbes
• Self-Driving Cars Will Come In Different Flavors, Later Not Sooner, Experts Tell Consumer Forum Forbes
• Carmakers That Invest Too Much Too Soon In Advanced Tech Vehicles May Not Survive Forbes
• Does Digital Transformation Cut Jobs? Forbes
Industry
• Trump orders tariff hike on remaining Chinese imports
• JLR April sales down 13.3% at 39,185 units
• Forex reserve up by $171.9 million at $418.7 billion
• US-China trade talks resume amid tariffs
• Rupee snaps 4-day losing streak; inches up 2 paise to 69.92 vs USD
• Weak manufacturing drags industrial production to 23-month low of -0.1%
• Minister promises clean Delhi air in three years
• Tesla Autopilot sex act: Musk courts controversy
• Does India have a second chance to replicate China to become the global centre for manufacturing?
• Automobile dealers ask for production cuts as stocks pile up
Passenger Vehicle
• Skoda Auto India inaugurates its largest workshop in Tamil Nadu
• Ford launches special edition of Aspire at Rs 7.40 lakh
• Tesla closes $2.7 billion mixed offering of shares, debt
Commercial Vehicle
• Eicher Motors Q4 PAT up by 18% at Rs 545 cr
Two Wheelers
• Tork Motors to launch T6X by year-end
• TVS introduces two new colours for Radeon
Aftermarket
• Uber, Lyft driver strike latest move to organize gig workers
Auto Components
• Tata Steel, Thyssenkrupp set to abandon JV plans in Europe
• Calsonic Kansei and Magneti Marelli unite to form single Marelli
• Albemarle touts new project to boost its Chilean lithium output by 30 percent
• Copper rises on hopes of salvaging U.S.-China trade deal
Tyres
• CEAT losing grip on growth amid slowing demand, high competition
Auto Technology
• Automation is sweeping across India's manufacturing space
• EU car wifi plan delayed as countries await legal advice
Oil & Lubes
• GAIL completes award of contract for Pradhan Mantri Urja Ganga pipeline project
• India, China seen as Europe's last hope to save Iran deal
 
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