Morning Daily - 2019-07-11

ETAuto Newsletter | Thursday, July 11, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Shocked auto makers want Govt to reconsider GST cut; fear massive job losses
• Government's current EV plan is not convincing enough: Rajiv Bajaj
• Companies to see lowest profit,revenue growth in 2 yrs in Q1: Report
• Domestic auto sales continue to slump; no immediate respite
• ETAuto Tech Summit 2019: Panel Discussion on Materials in Vehicle Body Engineering
• Continental to start series production of an electric powertrain in China
• Kochi to get Rs 140-crore MSME Technology Centre
• Torque lovers still out there: why Hyundai wont do a Maruti in diesel cars ET Prime
• Tata Motors pares losses on recovery in China JLR sales
• Toyota forms chip venture with Denso amid shift to self-driving cars
• Odisha can become export hub for metal based industries: Report
• How structured trade finance solutions help MSME exporters & importers
• NHAI in talks with NIIF to fund proposed Amritsar to Jamnagar highway Business-standard.com
• FCA chairman calls Renault merger plan an 'act of courage,' report says Automotive News
• China and India hit by double-digit sales skid amid global auto slump Nikkei Asian Review
• It's Time to Expand the Electric Vehicle Tax Credit Forbes
• Are Intelligent Machines Coming for Your Job and Your Wages? Forbes
• Asset Management Jobs Just Got Harder To Find And Keep Forbes
Industry
• Mitsubishi invests in Gozek in Indonesia
• Hyderabad-based PURE EV raises VC funding of $35 mn
• Arvind Subramanian defends his GDP overestimation argument
• FDI rises 3 pc to $6.95 billion in April: Piyush Goyal
• Govt committed to fiscal consolidation without compromising on expenditure
• Expect to get Cabinet nod for InvIT by September: NHAI Chief
• Sitharaman defends tax hike in Budget, says it is a small contribution to nation building
• UK economy grows more than expected in May, helped by autos rebound
• Nirmala Sitharaman will reply to Budget debate in Parliament
• China June auto sales down 9.6%, marks 12th month of decline: industry data
• Strict rules soon for PSBs buying NBFC sssets
• Hungary to make public transportation greener
• India calls for diversification of export basket for sustainable trade with Indonesia
Passenger Vehicle
• Toyota to build new SUV, rather than car at Alabama plant
• Tesla Readies Production Boost, Flags Return to Hiring Mode
• Dubai imposes dirham 500 fine on residents for leaving dirty cars
Commercial Vehicle
• Gurugram wants 100 e-minibuses in fleet, will build a charging depot
• Volvo solves autonomous revenue riddle with package deals
• ITL launches Solis Yanmar tractor range in India
• Panchkula civic body moots better bus connectivity for commuters
• Ahmedabad takes first electric mobility step
• Tuesday teaser teaches BEST to add only AC buses from now on
• Jaipur: 300 electric buses for city roads soon
Aftermarket
• Automotive dealers lose money on operations: Report
• Lyft to provide autonomous driving technology to visually challenged persons in the US
• More legroom, less conversation for Uber riders who pay
Auto Components
• ArcelorMittal to cut 2,000 jobs in South Africa
Auto Technology
• Jaguar Land Rover working on new AI that can reduce driver's stress
• Continental Launches Series Production of Technologies for Robo-Taxis
Oil & Lubes
• Indias crude oil production falls 7% in May, pushes import dependence to 85%
• DDA proposes to levy 'use conversion charges' for fuel stations on privately-owned land
• Palm slightly up in early trade, crude oil supports
 
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