Morning Daily - 2019-06-12

ETAuto Newsletter | Wednesday, June 12, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Revised axle norm, NBFC showdown continue to dull CV demand in May
• Passenger vehicle sales slump 20.5% in May
• How IT is revving up the growth engine at Ashok Leyland
• Hyundai Motor India seeks long term clarity in electrification of fleet for shared mobility providers
• Top automakers offer vehicles for a monthly rental with no down payment
• Subsidy proposals this week to set up 5,000 e-charging stations
• They are sisters, not twins: why Kias India playbook will look different from Hyundais ET Prime
• Government needs to adopt a realistic roadmap for EVs: Pawan Munjal, Hero MotoCorp
• Auto retail sales down 7.7% in May
• How reforms in public transport affect women Https://www.livemint.com
• Mercedes-Benz India elevates Santosh Iyer as Head of Marketing & Sales
• Hyundai N Performance cars could be sold through a dedicated retail network
• Tata Motors announces offers on Tiago, Tigor, Nexon, and Hexa
• BSES launches EV charging station in Delhi, plan for 150 more
• UrDa Mobility to enter Indian market
• Govt-industry trust at all-time low: Kirloskar
• FCA India opens bookings for Jeep Compass Trailhawk
• Jaguar Land Rover global sales dip 12% in May
• Yamaha to enter battery swapping technology with new e-scooter range
• Cars just another device that help make Google and Apple data rich Business-standard.com
• Normal monsoon, new products should help Hero MotoCorp's volume growth Business-standard.com
• Lear to close Taylor electrical systems plant; 76 affected Detroit News
• Bill Ford, Sergio Marchionne discussed Ford-FCA tie-up Automotive News
• Geely's Innovation Unit Scouts Israel For In-Car Experience Tech Forbes
• Why Fears Of An AI Job-Killing Apocalypse Are Overstated Forbes
Industry
• Five things to watch out for at Tesla's AGM
• 13 RCEP nations oppose Indias strict country of origin norms
• Tesla is serious about a possible record quarter, not so serious about a submarine car
• Biden says Trump destroying auto industry he helped save
• Govt planning new labour legislation by merging 44 laws under 4 categories
• New monthly GST return filing system to be rolled out from Oct
• Excess RBI capital must be used to recapitalise PSBs: Bank of America Merrill Lynch
• Ansys and BMW Group partners to create Simulation Tool Chain for Autonomous Driving
• Veteran auto journalist missing since California test drive
• Maruti Suzuki releases new Nexa song
• SIAM asks Railways to increase height of barriers at level crossings
• SoftBank, Toyota autonomous car venture to launch in SE Asia next year
• European shares up on China stimulus, post-holiday surge for Frankfurt
• Renault-Fiat case 'not closed', says French transport minister
• Zoomcar elevates Varun Jha as Marketing Chief
• Auto shares in the green; Tata Motors up 2%
• Rupee opens 19 paise up at 69.46 against dollar
Passenger Vehicle
• End of the road for Volkswagen's self-driving Aurora deal
• Volkswagen India brings special Cup Edition Polo, Ameo and Vento
Commercial Vehicle
• Electric buses to ply on Guwahati roads soon
Aftermarket
• Nippon Paint India partners with HMSI for aftermarket paint services
• Uber's European rival Bolt enters London market, again
Auto Components
• EU blocks Thyssenkrupp-Tata steel merger plan
• ACMA emphasizes on calibrated roll out of e-mobility
• Copper prices extend gains on hopes China imports could grow
Auto Technology
• Tesla cars to feature third party infotainment apps
• Israeli auto lidar maker Innoviz raises another $170 mln
• Israel's Chakratec launches electric car charger in Vienna
• Ford denies it is in the self-driving slow lane
• Apple CarPlay awaits biggest ever update
• Alibaba's smart speaker to feature in Audi, Renault, Honda cars
• Wallmart stores in US to offer public electric vehicle charging stations
• Renault and Nissan launch innovation lab in Tel Aviv
Oil & Lubes
• Schaeffler India launches hi-performance multipurpose premium grease
• Oil falls on weaker oil demand growth, surprise rise in U.S. crude stocks
 
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