Morning Daily - 2019-07-05

ETAuto Newsletter | Friday, July 5, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• CCI to probe Maruti Suzuki for discounting practices
• Auto Chiefs pay hike stays steady
• Fast charging facilities required to increase EV market share: Economic Survey 2019
• Tata Motors uses production cuts, retail push to ride out slowdown
• JLR CEOs salary reduces by 42% in 2 years
• Track all updates of Union Budget 2019
• Working on several EV projects; need cautious, realistic roadmap from govt: Hero MotoCorp
• Tata Buzzard seven-seater SUV to replace Hexa
• Charging cant even pay the attendants salary: why finding a charging point for EVs isnt easy ET Prime
• FCA appoints Davide Grasso as Maserati's Chief Operating Officer
• 11 auto majors draft roadmap for safer autonomous driving system
• Illegal car washes using 5k litres of water every day: Environmentalist
• Name roads after top tax-payers: Survey
• Govt mulling ban on petrol, CNG two- and three-wheelers: Gadkari
• EVs to contribute 50% of Volkswagen's total car sales in China by 2035
• Ola gets PHV operator license for London
• Govt asks Uber India to take action against erring drivers
• Ford and Vodafone to jointly develop connected car technology
• KSL Cleantech to invest Rs 200 cr in EV business
• What India needs to do to become $5 trillion economy
• Schwing Stetter India forays into construction and mining industry with new XCMG excavator range
• Land Rover Discovery Sport gets off-roading features right Https://www.livemint.com
• Uber can find you a ride - or just a scooter Automotive News
• Are We Nearing The End Of The Record Expansion? Forbes
Industry
• Brazil auto exports to Argentina seen plunging 28.5%, industry body says
• Warning light flashing for Slovakia's auto industry
• Economic Survey 2018-19: RBI must lower cost of capital to align globally
• Mercedes target cooling after feeling the heat in Austria
• Budget 2019: It will be a tightrope walk for Nirmala Sitharaman
• US drags India to WTO for its retaliatory tariffs on 28 American products
• FDI inflow into services down 1.3% in last fiscal: Economic Survey
• Govt may further ease FDI norms to bridge current account deficit: Economic Survey 2019
• Steel production to hit 128.6 MT by 2021: Survey
• Investments in R&D need go up to 2% of GDP: VK Saraswat
• Economic Survey 2019: Focus on infant firms, not dwarfs for job creation
• Eco Surveys job maths: Focus on export-led growth; cut incentives for firms to stay small
• 24X7 service to quick insurance disposal, Maruti reaches out to rain-hit Mumbai
• Baidu partners with Geely for intelligent mobility solutions
• Budget 2019: Reduction of corporate tax, digital makeovers for MSMEs to grow, says Assocham
• Budget 2019: Access to credit, increased ease of doing business, top demands of tier 2, 3-based MSMEs
• Economy moves to low level of inflation in last 5 fiscals: Economic Survey 2019
• Govt to launch portal for marketing of goods by MSMEs, Khadi
• Tesla breaks all records, delivers 95,200 cars in Q2
• Connected services will create new revenue streams for Auto OEMs: Lingraju Sawkar, IBM India
• Auto industrys Budget wish lift: Cut corporate tax, fix NBFC issue
Passenger Vehicle
• Tata Harrier crosses 10,000 sales milestone
Commercial Vehicle
• KTC to operate buses for women on night shift
• Good news for commuters, BEST to drop fares from next week
Two Wheelers
• Bike taxis now reality in Chandigarh
Aftermarket
• Olas parent ANI Tech gets $11 m
Auto Components
• ZF inaugurates Off-Highway assembly line at its Coimbatore facility
• Car parts group Valeo announces 500 million euros of orders for its 'Lidar' sensors
Auto Technology
• EU nations vote against a wifi-based car standard: EU official
• Daimler AG and BMW Group partners for automated driving technology
• Dynamic Map Platform acquires Ushr
Oil & Lubes
• Crude oil futures bounce 0.81% on weak global cues
• Budget 2019: Oil could come to the rescue of Modi government again, predicts Economic Survey
• Crude oil futures dip on muted domestic demand
 
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