Morning Daily - 2019-05-25

ETAuto Newsletter | Saturday, May 25, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• We are better prepared for slowdown, says TaMo CEO
• Subros plans to step up non-Maruti biz
• On anvil: Rs 30L cr transport boost
• Auto industry seeks 'priority industry' status from the New Govt
• Where is Auto Retail Heading? An Interview with Nikunj Sanghi, MD, JS Fourwheel
• Not looking at collaboration on cars, clarifies Hinduja
• Investors Helped Build Tesla. They Could Undo It, Too. WSJ
• Ashok Leyland appoints Gopal Mahadevan as additional director
• Maruti Suzuki drives in sports edition of Vitara Brezza to take on Hyundai Venue
• Tata Motors brings in more safer Tiago
• Ashok Leyland to boost LCV biz with new products in FY19-20
• NHAI eyes Rs 5,000 crore from roads bidding
• China races to rev up sluggish auto sales Nikkei Asian Review
• Ford Cuts To Grow. Sears Cuts To Die. Forbes
• As Tesla Falls, Who Is Kicking The Tires? Forbes
• VW will focus on early adopters for first ID3 electric cars Automotive News
• Why Your First Job Post-College Matters More Than You Know Forbes
• Hyundai picks Venue to close the gap with Maruti. Will Indias first connected car sync with consumers? ET Prime
Industry
• RBI steps in to shield NBFC depositors
• Civic body set to auction 2.4k abandoned vehicles in Chennai
• Rupee surges 49 paise against US dollar on Modi's landslide win
• Moody's downgrades Nissan's credit rating, citing weak sales in U.S.
• Rate cut not enough, auto industry must become globally competitive: RC Bhargava
• Theresa May: A prime minister defined and defeated by Brexit
• British Prime Minister May announces resignation
• Infra, rural consumption and PSBs could be preferred bets
• Nikkei dips as US-China tensions escalate
• For Daimler CEO, retiring means embracing a forbidden love: BMW
• Heres what MSMEs expect from Modi 2.0
Passenger Vehicle
• Soon, driver-less cars will be empowered with human-like reasoning
• Hyundai Venue receives 17000 bookings in just 24 days
• Tesla produced 900 Model 3 cars per day this week: Elon Musk
Commercial Vehicle
• Ashok Leyland Q4 profit slips 12% at Rs 653 crore
Aftermarket
• Uber brings electric bike service JUMP to London
Auto Components
• Argentina slashes import taxes for 39 auto parts
• Chinese steel futures slide on oversupply concerns
Auto Technology
• Self-driving startup Aurora bets on lidar in first acquisition
Oil & Lubes
• US deadline ends, India stops purchasing Iranian oil
 
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