Morning Daily - 2019-06-13

ETAuto Newsletter | Thursday, June 13, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• HMSI to skip EV till 2020; reconsidering investment on new capacity
• Whats driving Bajaj Autos profitability?
• With Facial recognition technology, cars will detect your emotions
• View: A case for lowering customs duty on Harley Davidson motorcycles
• Honda launches its first BS-VI two-wheeler - Activa 125
• India engineers bring gestures to Mercedes
• Industrial growth at 6-month high of 3.4 per cent in April
• NITI Aayog VC Rajiv Kumar's son joins Ola; could take leaf out of father's EV plan
• M&As plunge 54 percent in May to $2.8 billion
• Pollution worse in Indian cities as registered vehicles up by 700 times since 1951: Study
• Retail inflation spikes to 7 month high in May
• SIAM aims to reduce 50% road fatalities by 2030
• India natural rubber production sees signs of revival
• Renault's priority is to strengthen Nissan alliance: Chairman
• Auto pain spreads: Stocks bleed after May sales plunge to 18-year low
• Auto-rickshaw fares in Delhi raised by 18.75 pc, AAP government issues notification
• 'India is a very important market for us to launch Uber Air': Nikhil Goel, head of product, Uber Aviation
• Modi govt set to announce Rs 70,000-crore rural road building project Business-standard.com
• Michelin may look at leasing tyres to Indian truck owners @businessline
• Tokyo's utility poles to serve as EV chargers Nikkei Asian Review
• Renault wants seats on Nissan's pay and nomination committees Nikkei Asian Review
• Apollo Tyres hits IL&FS brakes | Forbes India Forbes India
• An EV switchover deadline is not courageous but foolhardy: Rajiv Bajaj | Forbes India Forbes India
• Human Drivers Bullying Self-Driving Cars: Unlawful Or Fair Game? Forbes
• Britain's Expanding Tech Sector Is Driving A Boom In Digital Jobs Forbes
• They are sisters, not twins: why Kias India playbook will look different from Hyundais ET Prime
Industry
• Finance Minister to hold pre-Budget consultation with financial sector today
• CPPIB set to take delivery of Delhivery stake for $150 million
• FDI flows to India grew 6% in 2018 to $42 bn: UN report
• US Core Inflation Cools, Bolstering Case for Fed Rate Cut
• Financial services to add 47,800 new jobs in Apr-Sept FY20
• Bimal Jalan panel on RBI surplus hope to submit report in June
• Economic Advisory Council defends India's economic growth
• Indian government says will examine ex-advisor's finding of overstated GDP growth
• Ford's new campaign appeals car owners to be 'Good Samaritan'
• Mercedes-Benz delivers over 195,000 vehicles worldwide in May 2019
• View: The real consequences of Harry Potter numbers
• Varanasi to have ropeways to ease road congestion
• Tesla CEO Elon Musk predicts record output, sales in 2Q
• Proxy companies advise shareholders against Nissan's Saikawa
• BharatBenz launches its 200th touchpoint in India
• Nikkei snaps 3-day winning streak as fresh trade worries weigh
• China auto sales fall 16.4% in May for 11th month of decline
• Turkey 2019 auto sales forecast cut to 350,000-400,000 vehicles- assn
• Finance Minister meets representatives of industry, services and trade groups in second pre-budget consultation
• Auto shares in the red; Bajaj Auto down 1%
Passenger Vehicle
• Ford recalls 1.2 million Explorer SUVs for potential steering problem
• Volvo Cars and Uber introduces production vehicle ready for self-driving
• Ford launches testing of new self-driving fleet in Detroit
• Tata Motors global wholesale drops to 23% in May 2019
Commercial Vehicle
• BYD to export another 183 pure Electric buses to Chile
Two Wheelers
• 22KYMCO to set up manufacturing plant in Haryana; launches 3 new products
• Ducati Hypermotard 950 launched in India, priced at Rs 11.99 lakh
• Rapido in final stages of closing $50m round
Aftermarket
• Uber to unveil next-generation Volvo self-driving car
• Pendragon shares plunge a quarter as UK car dealer warns on profit
• Uber picks Melbourne as test site for flying taxi service
Auto Components
• Sweden's Northvolt completes capital raising for giant battery plant
Auto Technology
• Cheaper sensors could speed more self-driving cars to market by 2022
• Ford opens new research center in Tel Aviv
Oil & Lubes
• Crude oil futures fall on weak global cues
• Indian Oil issues tender for short-term lease of LNG storage tank
• $1.6B pipeline proposed to move North Dakota crude oil
 
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