Morning Daily - 2019-07-24

ETAuto Newsletter | Wednesday, July 24, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Auto industry sees 17 exits and appointments in last two months
• Mercedes Benz to hike vehicle prices from August, Audi too contemplating hike from September
• Lok Sabha approves changes in Motor Vehicles Act
• Hyundai Motor India to hike car prices from August 1
• Thrust on CNG leads to 50% growth in fuels demand
• IMF cuts Indias FY20 growth forecast by 30 bps to 7%
• FM hints 25% corporate tax may be extended to all companies
• Maruti Suzuki Nexa completes 4 years
• Harley-Davidson cuts 2019 shipments guidance after sales slump
• Suzuki's Gujarat plant to drive out fewer cars Https://www.livemint.com
• The great EV policy confusion 2.0 begins - Opinion by Sanjeev Choudhary ETEnergyworld.com
• Grofers to deploy 500 e-vans in fleet by Dec-end
• China's BAIC takes 5% stake in Daimler: German carmaker
• Akebono Brake to shed 6 plants in US, Europe and Japan Nikkei Asian Review
• Disruption, corruption loom over UAW union talks with Big Three Detroit automakers CNBC
• Ford To See Revenue Fall In Q2 2019? Forbes
• The Impact On Jobs And Skills Required In An Increasingly Automated World Forbes
• Should You Treat Your Job Search Like A Full-Time Job? Forbes
• IndiGo and SpiceJet would have posted losses in the June quarter. So, who saved them? Jet Airways. ET Prime
Industry
• India Inc to witness double-digit median salary increment this year: Report
• India's RBI names Kanungo to run monetary policy after Acharya quits
• RBI's vision document aims to boost rupee sentiment, its brand equity
• RBI launches medium-term strategy framework Utkarsh 2022
• View: Why US Fed rate cuts may not weaken dollar
• World aluminium output falls as China growth engine stalls: Andy Home
• Cellestial E-mobility raises $200,000 from Singapore investor
• BMW and Tencent join hands in China
• LS takes up Bill to amend Motor Vehicles Act
• Germany's Continental, Jungheinrich hit brakes as auto sector slows
• VendorTalk -GST 2.0: Are Enterprises Ready for GST Compliance Yet?
• FMs foreign debt plan good, but is fraught with challenges
• Brazil postpones new road freight price rules from Wednesday
• India should ease law on firing workers, says Arvind Panagariya
• EU redoubles threat to retaliate if U.S. raises auto tariffs
Passenger Vehicle
• French carmaker Peugeot to seek European company legal status
• Audi unveils 2020 SQ7 TDI
• Ford to upgrade Chicago plant for SUVs, hire 450 workers
Commercial Vehicle
• Pune: New bus route from Chikhali to Hinjewadi
• Chennai: MTC launches bus service from Avadi to Tambaram
• Haryana scraps permits for running 510 buses
• Volkswagen Commercial Vehicles launches innovative buy-online service
• Gujarat government has taken 160 luxury buses on hire
Aftermarket
• Uber's new tools let riders check driver identity fraud
• Hyundai Motor India Organizes Mega Experience Service Camp
• 1,400 taxis operate with GoaMiles, drivers happy: Goa transport minister
• Despite Madras HC ban, bike taxi firm Rapido continues Chennai service
• AutoNation names new CEO, posts strong quarterly profit
Auto Components
• Schaeffler India Q2 profit dips 26% at Rs 83 crore
• French group Faurecia holds course in 'tougher than expected' auto market
• Australian lithium miner Altura raises $15.8 mln as big shareholder raises stake
Auto Technology
• Spark Minda, Ansys jointly open CoE in emerging automotive technology areas
• China's Neolix to trial autonomous vehicles in Saudi, UAE
• DEP launches new sensors for ICE vehicles
Oil & Lubes
• Oil prices gain on US inventory drop, Middle East tensions
• Only Iran-US tensions supporting crude oil prices; outlook bearish
 
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