Morning Daily - 2019-05-23

ETAuto Newsletter | Thursday, May 23, 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
• Suzuki Motorcycle to pull out of commuter bikes segment in India
• Only electric 2-wheelers may be sold in country after 2025
• Tata Group dismisses report on auto debt
• Tata Motors slashes CV output to manage stocks
• Honda recalls 118,000 US SUVs for sudden air bag deployments
• Vehicle insurance scam unearthed
• Three-wheelers may have to go electric from FY24
• Tata Motors launches compact truck Intra; price starts Rs 5.3 lakh
• Maruti Suzuki adds 200 new service workshops in FY19
• VW truck brand to invest $344 mln in Brazil after Ford exit
• ZF Aftermarket new range of brake pads for EVs
• Tesla reduces prices on Models S and X amid stock slump
• Uber and Lyft to turn the wheels on car ownership: industry experts
• Zooming ahead on scooters: How TVS Motor beat the industry slump Business-standard.com
• IOCL earmarks Rs 25,000 cr for FY20 capex spend, 16% allocated for BS VI upgrade Https://www.livemint.com
• Debunking The Big Misconceptions About Vehicle Exporting Forbes
• Will Rolling Back Vehicle Emission Standards Hurt Electric Vehicles? Forbes
• Wall Street Says 15,000 More Job Cuts Needed At Ford Forbes
• Before Your Job Is In Jeopardy, You Need A Plan B--Here's What You Need To Do Right Now Forbes
• US-Japan trade talks hit pothole on auto duties Nikkei Asian Review
• Jet, Sri Lanka, Pakistan spoiled Indias summer vacation. Air India, IndiGo, and others are sulking. ET Prime
Industry
• Probe into PMPML bus fires finds serious shortcomings
• GM faces pushback on U.S. self-driving vehicle plan
• Merger and acquisition deal value drops 96% to USD 735 million in April
• Daimler offers wheel to new CEO amid tricky gear change
• Detroit OKs land deals, jobs plan for Fiat Chrysler plant
• Fading election uncertainty is reviving India's animal spirits
• Toyota sets up Centre of Excellence at MAHE
• Hiring activity sees 16 per cent growth in April, says report
• IL&FS crisis may lead to consolidation in NBFC sector: Fitch
• RBI not in favour of special credit window for NBFCs
• Threat or promise? E-auto boom could cost industry jobs
• Daimler CEO Zetsche hands over to successor amid tech change
• Japan says U.S. curbs on auto imports would hurt global economy
• Postal Service tests mail shipments on self-driving trucks
• Many Uber, Lyft drivers fail to respond to recalls: Report
Aftermarket
• SAIF, Accel Partners & others invest in used-car retailing platform Spinny
• Manali: Fake taxi permits, number plates make mockery of NGT order
Auto Components
• Global miner BHP plans to expand nickel output amid battery boom
• Glencore to supply cobalt feedstock to restart First Cobalt refinery in Canada
Tyres
• Steelbird Tyres launches new roadside service scheme
Auto Technology
• Roav launches Alexa-enabled smart car charger Viva Pro, priced at Rs 5,490
Automotive
• TAFE signs on Akshay Kumar as the brand ambassador for Massey Ferguson tractors
Oil & Lubes
• Saudi Aramco to buy liquid natural gas from US company
• China not signing deals to buy U.S. crude oil: Enterprise CEO
 
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