Morning Daily - 2019-06-10

ETAuto Newsletter | Monday, June 10, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Auto companies slam brakes on production
• Gadkari against haste in rolling out e-vehicles
• SIAM, CII urge govt to hold wider consultations, follow practical approach on electric vehicles
• Eicher Motors rural push may take some time to gain speed
• Mahindra to observe no production days at plants for up to 13 days this quarter
• Need a relook at tax on hybrid vehicles in India: Toyota
• TUV, KUV, but whither customer LUV? Why M&M desperately needs to up its compact SUV game ET Prime
• How much does lithium cost? The industry can't seem to agree
• OEMs trouble hurts tyre sales: CEAT
• Paints sector awaits auto biz U-turn
• IRDAI introduces third-party motor insurance premium for electric vehicles at 15% discount
• Uber chief tightens grip with top execs' departures
• Gadkari has big plans to push India's infrastructure
• Royal Enfield pins hopes on new bikes to push sales Https://www.livemint.com
• NITI Aayog's electric mobility proposal irks India's auto industry Business-standard.com
• Ola in talks with original equipment manufacturers to make e-rickshaws Business-standard.com
• Ford's director of global strategic design, David Woodhouse, resigns Automotive News
• Needed: Dealership compliance officers Automotive News
• Fiat's U.S. dealers, once optimistic, are in the dark on the brand's future Automotive News
• Creating Pathways To Quality Jobs: Why It Pays To Listen To Your Workers Forbes
Industry
• More items likely to go off highest GST slab
• With more rating cuts in sight, NBFCs cost of funding may rise
• UP first state to invite EoIs to set up EV charging stations
• Rupee surges 39 paise against US dollar in early trade
• Trump's threatened tariffs on hold after deal with Mexico
• Revised guidelines on bad loans will sustain improvement in credit culture: RBI Governor Shaktikanta Das
• Need for fresh look at NBFC supervision; norms soon on liquidity risk mgmt: Das
• With Mexico deal done, US urges China to resume trade talks
• Delhi government's outcome budget shows poor health of DTC
• Tamilnadu: CPI preparing a memorandum on GST rates to save MSME
• Chennai: Law enforcers get high tech e-challan units
• France ready to cut Renault stake to shore up Nissan partnership: finance minister
• Why analysts are betting on Hindalco Industries
• Mexico promises 'unprecedented steps' to curb migration in US deal
Two Wheelers
• TVS Motor becomes official sponsor of Bangladesh football team
• Scooter sharing startups slug it out in a war for niche talent
Auto Components
• JSW Steel lease row: Won't do anything illegal, says Company
Auto Technology
• Apple to buy Drive.ai in bid for more autonomous vehicle talent
Auto Finance
• Need to relook at regulation and supervision of NBFCs: RBI Governor
Oil & Lubes
• Oil prices rise on likelihood of ongoing OPEC+ supply cuts
• View: OPEC, the future is probably worse than you thought
• Iran has no plans to leave OPEC - oil minister Bijan Zanganeh
• Iran says selling oil through 'unconventional' means
• Oil rises nearly 3% as Saudi signals OPEC deal extension, stocks rally
 
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