Morning Daily - 2019-06-22

ETAuto Newsletter | Saturday, June 22, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Olectra-BYD to set up second electric bus plant in North India
• Video: Renault to launch one product every year, says Fabrice Cambolive
• Niti Aayog pulls up bike cos on migration to electrics
• Niti Aayog proposes massive hike on re-registration of old vehicles; no mandatory scrapping
• Ashok Leyland announces top managerial changes
• Maruti Suzuki partners with Bank of Baroda for dealership inventory financing
• Auto Industry stands united on reduction of GST on vehicles: SIAM
• BS-VI transition pose challenges for auto industry, demand uncertainty to be high in H2 FY20: TVS Motor Co.
• Renault India plans to export Triber to neighbouring countries
• ABB develops zero emission electric truck
• Mitsubishi Motors shareholders approve ouster of Ghosn
• FTAs are against Make in India, need to approach EU pact with caution: SIAM
• Uber makes drivers' app more responsive to their needs
• Ola plans to design, develop electric vehicles at Palo Alto facility Business-standard.com
• The Future With Level 5 Autonomous Cars Forbes
• South Korean companies shift production out of China Nikkei Asian Review
• Trade war lures logistics giants deeper into Southeast Asia Nikkei Asian Review
• Driverless cars may be coming, but let's not get carried away Business-standard.com
• The JOBS Act Will Power The Future Of Work Forbes
• 64% Of New Hires Will Leave Their Jobs Because Of This Experience, A New Survey Shows Forbes
• The great code-share wars: SpiceJet and IndiGos furious scrap over Jets international allies ET Prime
Industry
• Delhi: Plan to make CP vehicle-free faces yet another roadblock
• No extra time to get carriage permit
• Haryana: Vehicles painted fluorescent to prevent road accidents
• Niti Aayog asks two and three wheeler makers to present EV conversion plan in 2 weeks
• Environment minister announces four-solution programme to fight air pollution
• PM Narendra Modi to attend G-20 summit in Japan from June 27-29: MEA
• Govt takes round-tripping seriously, dont evade laws: Goyal tells ecomm firms, audit companies
• FM Nirmala Sitharaman holds pre-budget meeting with finance ministers of all states
• TERI suggests city specific mobility approach
• India becomes investment darling for sovereign wealth and pension funds
• French auto giant PSA opens factory in Morocco
• Changing digital behaviour and technology adoption of SMEs
• India likely to let budget deficit rise as tax receipts fall short
• Byrider and Automatic Labs join hands to offer premium connected car services in US
• Maruti Suzuki falls over 3% after UBS downgrades stock to sell
• Tata Motors falls 3% on Moody's downgrade
• Fed not staying patient to boost valuations in India
• Rs 10,000 fine on those parking vehicles illegally in Mumbai
• RTO sends notices to take 50,000 old vehicles off Agra roads
• Car auctioneer BCA Marketplace in $2.4 bln buyout talks
Passenger Vehicle
• JLR to bring new Range Rover and electric XJ
• Volkswagen wins copyright battle for Beetle in Europe
• Mahindra Roxor gets 6-speed automatic transmission sourced from Punch
• Renault Triber vs Maruti Suzuki Ertiga vs Datsun Go+
Commercial Vehicle
• From July, Srinagar to try out electric buses
• Near term outlook for rural economy looks grim: Report
• BEST to slash all bus fares; AC rides to cost minimum Rs 6, maximum Rs 25
• Amaravati: State to spend Rs 764 crore to buy 350 e-buses
Auto Components
• Toyota Tsusho to wait on EV market before upping lithium investment
• Thyssenkrupp to invest 50 million euros for new auto components plant in Hungary
• ED searches at Varrons offices based on 2017 complaint
Tyres
• Gaurav Gill given charge of JK Tyre's revamped rallying programme
Auto Technology
• Delhi Government and Rocky Mountain Institute working on urban mobility solutions for Capital city
• T-Mobile launches update for SyncUP Drive
Oil & Lubes
• India raises concerns over rising oil prices with Saudi Arabia
• Oil prices extend gains amid Middle East tensions, rate cut hopes
 
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