Morning Daily - 2019-07-16

ETAuto Newsletter | Tuesday, July 16, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Govt roadmap aggressive, but need to make India EV hub: Hero Eco's Naveen Munjal
• 30% driving licences in India are fake: Nitin Gadkari
• Greaves Cotton ups stake in Ampere Vehicle to 81.23%
• Ashok Leyland temporarily shuts Pantnagar plant
• Opinion: India needs 'EVs for Clunkers' plan to clean up its polluted air faster
• Toyotas War With Dealer Over Recalls Cost It $16 Million
• Sandeep Sinha steps down as MD of Cummins India
• Nitis methanol plan for petrol vehicles on the backburner
• How energy companies can power India's Electric Vehicles revolution: Praveer Sinha, CEO, Tata Power
• Government stops verification process using Aadhaar for driving license: Nitin Gadkari
• Kia to open bookings for Seltos from July 16
• 100-day plan of Modi 2.0: Strategic sales, simplifying GST slabs, credit to MSMEs
• BS-VI fuel introduced in Delhi: Prakash Javadekar
• Slowdown in auto, realty may dent NBFCs disbursement growth numbers
• Mahle Powertrain launches new development process for powertrain optimisation
• How Exide and Amara Raja are bucking the trend in auto sector Https://www.livemint.com
• Auto industry reinvents wheel, headlight and glass to keep up with Robocars Https://www.livemint.com
• Career Success, Or Suicide? Avoid These 7 Deadly Sins In The Job Interview Process Forbes
• Five Steps To Building Your Most Competitive Federal Job Resume Forbes
Policy
• Better planning, policy needed to plug mobility gap in Bengaluru
Industry
• Volkswagen Group global sales up by 1.6% at 974,400 units
• PSA sales slide on emerging-market setbacks
• Nearly 4 lakh e-vehicles in India, half of them in UP and Delhi
• Low inflation in India may be a sign of something far worse
• Hero Electric eyes South India for new plant HBL
• Shriram Transport to raise up to Rs 10K crore via public issuance of bonds
• 5 Factors to consider while buying a new car in India
• Exports dip 9.71% after gap of eight months
• UAW head wants union to share in profits of U.S. automakers
• China's economy growth cools further amid US tariff war
• Mahindra Racing partners with Green Hills Software for EV electronics system
• Ford, UAW to kick off contentious contract talks
• Bill to amend Motor Vehicles Act in LS; govt says not looking
• Relaxing FDI limit in insurance intermediaries to strengthen distribution capabilities: Fitch
• WPI inflation eases to near 2-year low at 2.02% in June
• Opinion: Future is electric -Sustainable, affordable and technology driven mobility for every Indian
• Toyota adopts Environmental Challenge 2050 to reach carbon neutrality
• Part of NH 24 to remain shut for vehicular traffic till July 16
• RBIs creditor pact rule chokes lenders to sticky assets
• 96 vehicles for highway police to check speeding
• Govt earned Rs 65 crore by giving resticted access to database on vehicles, drivers
• NHAI plans land appreciation taxes to finance projects
Passenger Vehicle
• Lexus LC Convertible to enter production
Commercial Vehicle
• Trichy: Buses install CCTV cams to curb crimes
• KSRTC to deploy more squads to curb illegal vehicle services
• No plan to remove loss making city Volvo buses: BMTC
• Chennai: Private buses continue to create chaos outside Alandur metro station
• Manali-Kaza road still closed for buses, 4-km stretch to blame
Two Wheelers
• Govt roadmap aggressive, but need to make India EV hub: Hero Eco's Naveen Munjal
• UP police uses Ghajini to make people aware of wearing helmets
Aftermarket
• China's Didi Chuxing to allow app users to access rivals' services
• Ride-hailing services congest Bengaluru roads, hit use of mass transport
Auto Components
• Tata Steel reports higher production, sales in India despite liquidity challenges in market
• Why the cobalt market needs Congo's "illegal" miners: Andy Home
Auto Finance
• Car financing firm Lendbuzz secures $150 mln in equity, debt
• Cost of British car insurance rises in second quarter-survey
Oil & Lubes
• Oil down for a second day as US Gulf of Mexico output returns
• S.Korea imports no oil from Iran in June; H1 imports fall 37%
 
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