Morning Daily - 2019-07-29

ETAuto Newsletter | Monday, July 29, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• 5% GST on EVs a welcome move but Auto Inc demands more
• Erratic rain, unpaid subsidies drag down tractor sales in Q1
• Maruti volumes likely to see 2-5% decline in FY20
• India has game plan for electric vehicles: NITI Aayog CEO
• As slowdown bites, India Inc readies to tighten belt
• We are here to disrupt the Indian auto market: Rajeev Chaba, President & MD, MG Motor
• Hyundai Kona EV explodes in Canada and causes a garage fire
• Experts look at implications of CCI's probe into Maruti's discount practice Business-standard.com
• The auto sector is in a bind: Workers cry job losses, but companies hands are tied ET Prime
• Bosch sees car production falling 5% in 2019: Report
• GST on EVs slashed to 5% from 12%
• Sandhar Technologies forays into connected car devices; partners with Hanshin Corporation
• Easy online transport permits, bio fuels in near future, says Nitin Gadkari
• Electric 3-wheelers and buses viable as govt cuts GST on EVs to 5%: Pawan Goenka, M&M
• Two-wheeler taxis should be regulated and not banned
• How AI Can Transform The Transportation Industry Forbes
• Lacklustre festival season awaits India Inc, projections gloomy
• Highways ministry targets completing one road project every two days
• Tough market conditions weigh on Bajaj Auto's margins in June quarter Https://www.livemint.com
• How this EV start-up is transforming the business of last-mile connectivity Business-standard.com
• India car market reels from financial and regulatory triple threat Nikkei Asian Review
• How To Showcase Unpaid Work Experience In Your Job Search Forbes
Industry
• Significant rate cut would do a lot of good to the country, says Nirmala Sitharaman
• Substantive engagement with the US key to Indias $ 5 trillion economy: Hardeep Puri
• GST rate cut to spur demand for cleaner vehicles
• Hyderabad records 40L traffic violation cases in 2019
• Bengaluru: Traffic cops seek support for no helmet, no fuel drive
• India to be third biggest economy by 2024: Amit Shah
• Vijayawada: City roads choked daily as parking spots stay elusive
• RBI report on development of secondary market for corporate loans likely by next month
• Gujarat: New DSIR cluster for electric vehicles, li-ion batteries
• The World economys biggest week of 2019 as Fed prepares cut
• Electric Vehicle startups crank up efforts as nation turns electric
• India needs both informal and formal innovation to move higher in Innovation Index
• Himachal CM hails GST reduction on e-vehicles
• I welcome the reduction in GST rate for electric vehicles: Power Minister RK Singh
• SIAM welcomes GST reduction on electric vehicles
• Electric vehicles makers welcome duty reduction
• Jaguar Land Rover partners with BASF for plastic recycling technology
• Data could be key in driving India towards a $5 trillion economy
• Ignite your career: How to engineer a self-driving car
• Elon Musks Boring Co. raises $120 million in first outside investment
Passenger Vehicle
• China to be world's largest used car exporter
• Skoda revenue up by 10.8% at 10.154 billion euros in 2019 H1
• Maruti Suzuki launches factory-fitted CNG Ertiga
Commercial Vehicle
• Senior citizens demand more centres for MSRTC Smart Cards
• Delhi government in a fix as only 1 firm bids for cluster bus tender
• Delhi government to open electric bus tenders next week, first batch by year-end
• With 10 new electric buses, BEST set to restart long routes
• Soon, Agra civic body will cover trucks carrying garbage
• 31 HVAC buses having panic buttons flagged off in Chandigarh
• Odisha government likely to engage IIT Bhubaneswar to improve Rajdhani bus service
• DTC floats tender for 1,000 low-floor buses
Two Wheelers
• Looking to raise funds to fund accelerated expansion: Hero Electric
• MV Agusta partners with Loncin to make 350-500cc motorcycle in China
Aftermarket
• Madras high court refuses interim relief to banned bike taxis
• Rajasthan govt to make taxi-hailing cos more accountable for passengers' safety
• Honda offering Key by Amazon In-Car Delivery in US
• Micro-mobility firms allege threat from autorickshaw drivers in Bengaluru
• Striking Ola cab drivers will ply only after demands are met
Auto Components
• Visakhapatnam steel plant achieves a steelmaking milestone
Auto Technology
• 12-yr-old builds innovative solutions for traffic rule violators; files for 4 app patents
• Tesla to soon get Netflix, YouTube streaming support: Musk
Automotive
• Escorts Q1 PAT down 27.6% to Rs 87.6 crore
Oil & Lubes
• Oil falls after "constructive" talks on Iran's nuclear deal
• China's Iran oil imports plunge as U.S. sanctions bite
 
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