Morning Daily - 2019-07-03

ETAuto Newsletter | Wednesday, July 3, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Jeep to locally produce seven seater SUV in India, launch in 2020-2021
• Ola Electric Mobility raises $250M from SoftBank; touches $1B valuation
• MG Motor partners with Fortum to launch EV charging stations in India
• ETAutoCast: Auto sales slump continues in June
• Li-ions looks to raise USD 2 mn to meet growth plans
• No Nano production since Jan; only 1 unit sold in last 6 months
• Logistics tech startup Freight Tiger racks up $8M from Lightspeed, others
• ETAuto Tech Summit'19: Glimpses from Day 2
• Kerala aims to introduce 1 million electric vehicles by 2022
• Charging cant even pay the attendants salary: why finding a charging point for EVs isnt easy ET Prime
• Volvo Car India bucks the trend with 11% growth in the first half of 2019
• Auto sales to remain muted till H1FY21: Reliance Securities
• Mahindra drives in XUV300 AMT
• Economic growth high on government's agenda: Nirmala Sitharaman
• Ola arm looks to raise more funds to expand its EV fleet Https://www.livemint.com
• Start-ups rush to join electric two-wheeler race as big boys wait Business-standard.com
• China to scrap ownership limits in finance in 2020, ahead of schedule Nikkei Asian Review
• 'Elon Musk Of China' Suffers $1.2 Billion Wealth Wipeout Amid Battery Fires And Executive Departures Forbes
• How Much Equity Income Can General Motors See From China By 2023? Forbes
• How RPA Could Automate Tasks For Four Types Of Jobs Forbes
• Are You Missing Out On The Latest Workplace Revolution? The Untapped Potential Of Job Sharing. Forbes
Industry
• Haryana sees over 200,000 new registrations under GST
• Need comprehensive paper on GST: Amit Mitra
• Budget 2019: Will Sitharaman's budgetary allocation be dictated by prevailing economic conditions?
• Ashish Vaid takes over as IMC President
• To double income, we need more funds for agri activities
• Demonetisation had no effect on Indian economy: Nirmala Sitharaman
• Opposition raise concern over rising bus accidents in Himachal Pradesh, ask transport minister to resign
• How Arun Jaitley treated agriculture in his Budgets
• ET Budget Survey: What India wants from Nirmala Sitharaman
• No cause of concern about monsoon; sowing to pick up: Narendra Singh Tomar
• Expect 18-20% rise in GST collection between FY20 and FY21: Mahesh Nandurkar, CLSA
• There are good opportunities for new assets at NHAI level: Varun Mehta, Sadbhav Infra
• Budget wish list: What can the FM do to ease liquidity crisis & create jobs
• Mumbai washed out, Anand Mahindra tweets a word of thanks to city's 'unsung heroes'
• BTR director proposes levying Green Tax on vehicles from other states entering Karnataka
• China 'pouring money' into economy to take care of US tariffs, says Trump
• Don't play smart with us: Supreme Court to NDMC
• Fine for speeding on UP expressway that lacks SOS medical help
• Budget 2019: Expecting broad-mindedness in the broad-based GST
Passenger Vehicle
• Now, Tata Harrier comes with dual tone colour option
Commercial Vehicle
• Rules that control drive time for truckers set to be relaxed
• Chennai: Time pvt buses get green signal?
Two Wheelers
• Hero MotoCorp domestic sales down 12.5% in June
Auto Components
• Tata Steel set to raise $500 million via foreign loans
• Essar Steel to supply 1 mt steel to Posco Steel India for Rs 5,000 crore
Auto Technology
• Jaguar Land Rover develops a smart steering wheel
• Global connected car revenues to grow five-fold by 2025 at $24 billion, study projects
• Mercedes-Benz launches new test facility for EMC and antenna systems
• Dassault Systemes becomes Groupe PSA's digital partner
Oil & Lubes
• Oil explorers likely to outperform marketing firms on the bourses
• OPEC and allies set to extend oil supply cuts, prop up prices
• Gail India issues tender to sell and buy LNG
• ONGC, Indian Oil join hands to reduce carbon emission, enhance oil recovery
 
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