Morning Daily - 2019-05-30

ETAuto Newsletter | Thursday, May 30, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Mahindra & Mahindra to invest Rs 18,000 crore in the next three years
• Does Rahul Sharma of Micromax have the recipe to crack electric 2W market?
• "Partnership is the rule of the game at times of shared mobility"
• SIAM calls for GST cut on passenger vehicle from 28% to 18%
• Jaguar, where'd that extra $1 billion come from?
• Arbitration court rejects India's plea in case against Nissan: Sources
• Hyundai to launch electric SUV 'Kona' in India in July
• Apollo Tyres to invest Rs 2,800 crore in FY20
• Ferrari accelerates its move into hybrid cars
• Maruti Suzuki to harness Solar Power for car manufacturing
• Evaluating market for more SUVs, EVs in India: Hyundai
• Bajaj Autos premium over Hero may shrink further on earnings concerns
• Govt plans road bumps for pre-2000 vehicles
• Hyundai gears up to launch luxury brand Genesis in India Https://www.livemint.com
• Mahindra & Mahindra Q4 PAT dips 20% to Rs 849 cr
• Kia Motors mid-SUV to premiere on June 20 HBL
• Despite slump in auto market, Wheels India nets Rs 20-cr profit HBL
• It's going to be extraordinary year for Tata Motors: CEO Guenter Butschek Business-standard.com
• Domestic auto sales slowdown will be compensated via exports: Rajiv Prasad, President, JK Tyre India Financialexpress.com
• Chevy revives Trailblazer as 2021 small crossover Automotive News
• Chinese cities ease car ownership rules to drive slowing market Nikkei Asian Review
• Self-driving Could Get A Big Boost If This Automotive Radar Startup Is On The Right Track Forbes
• Mastering The Executive Job Search: How To Approach The Executive Job Market In 2019 Forbes
• Policy glare, steely resolve from competition: Maruti has bigger problems than rising inventory ET Prime
Industry
• Delhi government to find way for women to ride buses safely
• VW Tennessee plant employees to vote on whether to join union
• Outside of Tesla, future EV sales in U.S. may be thin for most brands: study
• Auto supplier Cooper-Standard not interested in bidding for Turkey's Teklas
• Brexit shutdowns hammer UK car production in April: industry group
• FASTags can now be purchased online through Amazon
• Fraud probe targets top Porsche bosses: Report
• USA is most booked self-drive destination: Avis India
• Nissan's Infiniti brand to move back to Japan from Hong Kong: Report
• General Motors, Bechtel to build EV charging stations
• Nissan tells Renault 'not opposed' to Fiat Chrysler merger plan -Nikkei
• Pune: Wait for fitness certificates of transport vehicles to get longer
• M&M, MVML Q4 profit slips 16% YoY to Rs 969 crore, beat Street estimates
• Volkswagen plans to launch downscaled Traton IPO next week - sources
• Hero Electric to open 15 dealership in 2 months
• RBI to cut rates in June, but analysts split on if it should
• Surat: Women bikers to ride to London for nari gaurav
• Expect auto to recover as consumer segment is growing: Mukul Kochhar, Investec
• How Tesla made the world's 7th richest man 'poor'
• Auto shares in the red; Tata Motors down 2%
• Avon Cycles files Rs 10.5-cr fraud case against automobile dealer
• Blindsided by FCA-Renault talks, Nissan risks being left by the roadside
• Parking on highways back to worry motorists
Passenger Vehicle
• Volkswagen launches special edition across the Polo, Ameo and Vento carlines
Aftermarket
• Zoomcar new scheme to give 100% off on car rentals
• BYD launches pure electric taxi fleet in Panama and Central America
• Toyota may invest about $550 mln in China ride-hailing firm Didi - Nikkei
Auto Components
• ZF considers Diversity as a success factor for innovation and growth
• Minda Corporation consolidated Q4 PAT up 1%
• April steel output up 1.5% YoY in April 2019
Tyres
• Apollo Tyres opens farm zone in India
Auto Technology
• Google Maps introduces a feature to make commute easy
Oil & Lubes
• Panel for eliminating investment rule for fuel marketing licence
• Oil prices rise after bigger-than-expected fall in US inventories
• Oil prices drop as trade war worries outweigh supply disruptions
 
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