Morning Daily - 2019-06-11

ETAuto Newsletter | Tuesday, June 11, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Maruti cuts vehicle production by 18 per cent in May
• Two-wheeler companies find electrification deadline unrealistic
• Thomas Kuehl quits Nissan India
• Companies may soon be invited to set up battery plants
• Hero Splendor iSmart gets BS-VI certification
• 50% tariff on US motorcycles by India unacceptable, says Donald Trump
• Niti Aayog vice chairman Rajiv Kumars son joins Ola in policy and corporate affairs wing ET Prime
• Varroc may soon bounce back from stock slump
• Eicher Trucks and Buses introduces India's first BS-VI CV range
• Renault, Nissan spar over governance reforms as tie-up strains worsen
• Volvo-Eicher seeks fiscal measures to spur CV sales
• Hyva lines up Rs 60 cr investment in India by 2020
• Self-drive firm Zoomcar looking to hitch a ride with rival Drivezy Https://www.livemint.com
• Auto sector on thin ice as slowdown persists @businessline
• Ford's director of global strategic design, David Woodhouse, resigns Automotive News
• Audi recalls 2020 e-tron over potentially faulty grommet Automotive News
• Thailand Sees Threefold Increase In Chinese Companies Looking To Move Forbes
• Japan plans driver's license for seniors as accidents rise Nikkei Asian Review
• Jobs Report Sends a Signal: Is It A Recessionary One? Forbes
• How To Empower Yourself When You Perceive A Threat To Your Job Security Forbes
Industry
• Maruti Suzukis 2nd manufacturing institute gets accreditation from METI
• Lens now on irregular funds movement at ITNL
• FCA-Renault revival may hinge on Nissan stake cut: Sources
• Automobile dealers in Tamil Nadu told to provide helmets to buyers during vehicle purchase
• Slowdown in global trade adversely affects economic growth: Piyush Goyal
• UK economy shrinks in April as car plants close, expecting Brexit
• Employees sour on Tesla amid cost-cutting, layoffs
• How Trump tariffs on China and Mexico could hurt US economy
• Centre planning to integrate MSMEs with big enterprises
• Budget may consider sops to MSME export units
• Nikkei surges, automakers rise as U.S. calls off tariffs on Mexico
• Auto shares in the green; Motherson Sumi up 3%
• Rupee strengthens 5 paise in early trade
Passenger Vehicle
• Maruti Suzuki sold over 19 lakh Dzire units in a decade
• Renault Kwid sells 3 lakh sales milestone
• Tesla Model 3 owners protest outside European factory
Commercial Vehicle
• Andhra Pradesh: 50 e-buses to be launched in two months, GVSCCL to chart routes
Two Wheelers
• 1,000 e-scooters at 100 locations: NDMC to set the ball rolling
Aftermarket
• Mahindra e-3W range Treo and Treo Yaari now available in New Delhi
Auto Components
• Tata Elxsi partners with GAC Motor to develop Smart Gateway Module
• AVTEC launches new HD transmissions for oil field applications
Auto Technology
• Hyundai Motor partners with MDGo to enhance vehicle safety through AI
• Fiat Chrysler, startup working on autonomous vehicles
Oil & Lubes
• Dharmendra Pradhan speaks to US Energy Secretary, raises issues of volatility in oil prices
• Crude oil futures climb 1.53% on global cues
• Bulls beware: The 2020 oil market is quickly turning ugly
 
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