Morning Daily - 2019-06-18

ETAuto Newsletter | Tuesday, June 18, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Nitis new road map: Only electric vehicles to be sold after 2030
• Boosted by Suzuki, Toyota plans India blitz with a dozen models
• How Indian two-wheeler market will pan out with electrification of upto 150cc?
• Impose green cess on polluting vehicles to support EVs: SMEV
• Tata Harrier price hiked by Rs 31,000 across the range
• Renault aims to launch 8 EVs by 2022, at least two new body style in plan
• EVs need charging infra to run: This e-mobility startup got the basics right. The government hasnt. ET Prime
• Bounce gets $72 million led by B Capital and FalconEdge
• Despite outspending us by almost 5:1 to the dollar, Uber could not beat us: Ola
• E-vehicle sector for priority-lending, R&D incentives in Budget
• Maruti Suzuki, car showroom told to pay Rs 1 lakh to consumer for faulty horn
• Mahindra bids adieu to its true-blue off-roader with Thar 700
• Government rules out bringing oil products under GST for now
• Fitch ups India's growth forecast to 7.8% for FY19
• Tata Motors partners with Janani Tours, will supply 25 Tigor EVs
• We have tech for EV switch, but let customers decide: Diego Graffi
• Maruti-Toyota tie-up: Analysts seek clarity from Suzuki arm Financialexpress.com
• You don't need a driving licence to buy a motor insurance policy Https://www.livemint.com
• For NHAI, work on road projects starts before an official go-ahead Business-standard.com
• China??s father of electric cars says hydrogen is future Detroit News
• Chinese electric-car prices set to spike on subsidy cuts Nikkei Asian Review
• Are Women At Risk Of Automation In The Workplace? Forbes
• 11 Million People Now Have Jobs In Renewable Energy Forbes
Industry
• Firm fined Rs 55,000 for taking money for repairing car under warranty period
• Piramal exits Shriram Transport for Rs 2,305 cr
• Top pvt sector banks cut interest rates on deposits by up to 0.25%
• Hiring activity records 11 per cent rise in May: Report
• RBI may cut rates by another 25 bps in 2019: Fitch
• Circular economy has the potential to generate 1.4 crore jobs: Niti Aayog CEO
• Budget 2019: Jobs and economy are the core challenges for Sitharaman
• India-US trade tension grips markets, Sensex tanks by 490 pts
• In next 10 years, Vedanta will be another Exxon: Anil Agarwal
• RBI committed to make NBFC sector financially resilient & robust: Governor
• Markets may be underpricing major risks from Fed, G-20 meeting
• Wife of former Nissan boss Carlos Ghosn urges Donald Trump to help her husband
• Lesser known automotive alliances of the world
• Trade war impacts Tata Steel in Europe but not in India: TV Narendran
• Paving the way for faster access to loans for MSMEs
• Union Budget 2019 to spur investment in Automation, hopes Schneider Electric CFO
• PPMAI demand suspension of FTA to save domestic industry
• Toyota uses financial heft to hedge green bets
• Shriram Transport plunges 7% after multiple block deals
• Auto shares in the red; Ashok Leyland dips 2%
Passenger Vehicle
• Honda 2nd gen Amaze crosses 1 lakh sales milestone
• China EV maker Human Horizons says to produce cars from Kia Motors' China plant
• Tata Tigor gets two more AMT variants - XMA and XZA+
Commercial Vehicle
• Hike in auto-rickshaw fare comes into force Tuesday
• BEST to add 1500 AC buses on top of current fleet
• Electric AC buses to ply from Mumbai to Pune
Two Wheelers
• Hero MotoCorp signs Colombian footballer Yerry Mina as brand ambassador
• Specially designed scooters distributed to physically challenged in Jammu & Kashmir
Aftermarket
• Volkswagen inaugurates new dealership in Ranchi
• Avis India launches car rental services in Coimbatore
Auto Components
• Copper, lead futures rise on spot demand
• PMAI seeks higher duty on export of iron ore with over 58 pc Fe content
• Vedanta lost USD 200 mn in profits in one year of Tuticorin plant shutdown: Agarwal
Auto Technology
• Innovusion launches Image-Grade LiDAR System Cheetah
• Israel is the new 'Silicon Valley' for automotive technology
• Visteon opens new technology center in Bangalore
• Continental develops head-up display for sports car
• Elektrobit EB Cadian Sync showcased at CES Asia 2019
• Rivian to re-purpose EV batteries in solar micro-grid project in Puerto Rico
Oil & Lubes
• India says UAE assures supply of oil, LPG despite tanker attacks
• Gazprom Neft says Bazhenov shale oil output to reach viability by 2022-2023
• Crude oil prices rise on tensions after Middle East tanker attacks
 
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