Morning Daily - 2019-05-16

ETAuto Newsletter | Thursday, May 16, 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
• What slowing car sales reveal about Indian economy?
• MG Motor unveils first SUV Hector, to expand portfolio to 4 by 2020-end
• Auto companies need volumes to localise electric vehicles: Maruti Suzuki MD
• Varroc in talks with Sintex to buy automotive moulding unit
• How Google's Work With Motorbike Riders In India Demonstrates Its Plan For Emerging Markets Forbes
• Why are car sales declining in India? Https://www.hindustantimes.com/
• An IIT-ian, some calculated risks, and a nerve-soothing promise: Heres the startup behind Heros buyback offer ET Prime
• Why the second-hand car market is seeing a boom Https://www.livemint.com
• Panasonic forays into EV charging service; aims to cater 1 million vehicles in 5 years
• Honda sees two-wheeler demand remaining low till festive season The Week
• Mahindra Logistics on the move for acquisition in SE Asia
• Nissan's profit sinks below Renault's for first time in 10 years Nikkei Asian Review
• Aston Martin quarterly revenue beats, higher costs hit profit
• Maruti Suzuki opens 400th ARENA showroom
• Global Prospects For Auto Industry Turn Sour Forbes
• Rolling with the punches: Slowdown in auto sales drags tyre industry Business-standard.com
• Now, small town India drives sales of used automatic cars
• Indian Railways eyes Maruti cars to boost freight business by 2030 Business-standard.com
• SK Innovation to invest $490 mln in 2nd Chinese car battery plant
• Driverless electric truck starts deliveries on Swedish public road
• Getting ready for e-commerce 2.0: Seeing a change in type of vehicles purchased to cater to growing sector Financialexpress.com
• Volvo Car Group signs multi-billion dollar battery supply deals with CATL and LG Chem
• How Will Automation Affect Jobs In The Future? Forbes
• Five Ways To Manage Burnout In A Digital Career Forbes
Industry
• CII to focus on enhancing industry competency, job creation
• Trump plans to delay auto tariffs amid EU, Japan trade talks
• April trade deficit spikes at $15bn, like last year
• US-China trade war: Chinese investment in India may be imminent, says Anand Mahindra
• French grid operator able to handle sharp electric vehicle rise
• GSP countries to benefit from trade war with China: Report
• Next Indian govt seen relying on RBI rate cuts to spur growth
• Nippon Paint launches 'Wet-on-Wet' painting technology
• Rupee gains 23 paise to 70.21 vs USD in early trade
• Hyundai partners with Rimac for EV development
Passenger Vehicle
• MG Motor unveils 48V hybrid SUV Hector
• Tesla says solar factory will now make EV chargers and other products
• Chinas MG Motor banks on EV portfolio in India
• Ford to build more Lincolns for Chinese market locally: CFO
• Volvo's electric plans charge ahead with battery deal
Two Wheelers
• Road safety: No helmet, no petrol for bikers in Noida from June 1
Aftermarket
• Uber drivers are contractors, not employees, U.S. labor agency says
• Uber adds 'quiet mode' in luxury service upgrade
• Steelbird launches SB-51 rally helmets in Indian Market at Rs 1,399
Auto Components
• India fears dumping of Chinese steel
• Amara Raja Q2 PAT grows 8.7% at Rs 119 crore
• Livent aims to boost lithium sales to EV sector by 2020
Auto Technology
• STMicro expects mid-term operating margin to grow to 17-19%
• U.S. to take 'fresh look' at opening automakers' key spectrum band
Auto Finance
• Ola partners with SBI Card to launch Credit Card
Oil & Lubes
• Gulf Oil Q4 PAT up 15% at Rs 48 crore
 
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