Morning Daily - 2019-06-19

ETAuto Newsletter | Wednesday, June 19, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Maruti Suzuki to serve up a new S-Presso for the first time car buyer this festive season
• GST on electric vehicles may be reduced to 5%
• What's new in Motor Vehicles (Amendment) Act 2017 - Motor Vehicles
• BS-VI compliant second-generation Hyundai Creta could get e-SIM connectivity
• Govt to remove minimum educational qualification requirement for driving licence
• SIAM pushes for enhanced alternative fuels penetration amid focus on electric vehicles
• No end to auto blues as lenders reduce exposure Https://www.livemint.com
• Mercedes-Benz establishes 5G network for automobile production
• Ola puts light on potential of battery swapping technology in India
• Pricol to hive off Spanish arm, some step-down subsidiaries @businessline
• Indias lumbering ride on electric two-wheelers needs to clear the charging test ET Prime
• M&M expects up to 12% growth in Bolero pickups in FY20
• Volkswagen aims to boost in-house software development to 60% by 2025
• Road ministry wants easier licensing for EVs to boost public transport Business-standard.com
• New-age entrepreneurs back govts EV plan; old peers oppose it
• MSL becomes subsidiary of Bajaj Holdings and Investment
• CarDekho launches InsuranceDekho insurance platform
• Truckmakers unlikely to see demand revival as slowdown grips auto sector Business-standard.com
• How Volvo's Polestar is getting its debut model up to speed Automotive News
• Time for M&A to rationalize corporate Japan Nikkei Asian Review
• Tax Credits for Affordable Electric Vehicles Gain Speed, But Legislation Must Avoid Stop Signs Forbes
• What Are The Blue-Collar Jobs Of The Future? Forbes
• Dream Job Or Scam? How To Know If A Job Posting Is Legitimate Forbes
Industry
• Electric dreams in danger as funding dwindles for China's Tesla challengers
• Madrid to suspend car restrictions in city centre, EU issues warning
• RBI sets up panel under UK Sinha to study MSMEs
• French minister presses Renault to back Nissan reforms
• BMW, Volkswagen applies for state funding for EV battery development in Germany
• Uber threatens to withdraw from Austria over price regulation law
• EU court rules German road toll for foreigners is discriminatory
• Maharashtra flagship scheme for MSMEs to generate 10 lakh jobs
• RBI to review data storage rules for payment firms: Government
• Explain how PM Modi will double farmers' income, EU asks India at WTO
• Market could see 3-4% correction; use it to find opportunities: Devang Mehta, Centrum
• Japan unveils moves to stop car crashes caused by elderly
• Manufacturing, Infrastructure to add 58,200 jobs in Apr-Sept FY20
• Indian markets may outperform as EMs struggle over next few months: Geoff Dennis
• What Piramals stake sale in STFC tells us about NBFCs
Passenger Vehicle
• Ireland to ban sales of new petrol and diesel cars by 2030
• Garden City Bengaluru is not really green on the e-car lane
• General Motors is planning an electric Hummer
Commercial Vehicle
• Jolt to NMC: Scania shifts green buses
• Chandigarh Transport Undertaking to engage advertisement agency to increase its revenue
Two Wheelers
• Bajaj Auto in talks to back cycle-rental co Yulu
• Ex-Myntra CEO, entrepreneurs invest in scooter rental startup Vogo
• Revolt unveils AI enable motorcycle, RV 400
Aftermarket
• Lyft, Agero partner to offer rides for consumers requiring tow assistance
Auto Components
• German union seeks fund to help car components makers -WirtschaftsWoche
• LME electronic pricing trial fails to boost volumes: Sources
Tyres
• Tyre mgmt startup Fleeca eyes 2nd round of funding
Auto Technology
• NVIDIA unveils supercomputer to make autonomous cars
• Nexar's new scalable method to improve GPS location accuracy in urban areas
• Here's how Google will help you find your parked car
• Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles
• Your next Domino's Pizza might arrive in a self-driving car
Oil & Lubes
• Oil prices fall for second day on weak economic data
 
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