Morning Daily - 2019-07-30

ETAuto Newsletter | Tuesday, July 30, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• No investment, no demand, will growth fall from heavens, Rahul Bajaj asks govt
• ETAutocast: Why small truck business came under pressure in Q1?
• Honda Cars India recalls 5088 old gen Jazz, City, CR-V and Accord
• The 4 factories that could solve one of the last pieces of India's EV puzzle
• Audi's first coupe SUV: Audi Q3 Sportback
• Susim Dutta steps down as Castrol India Chairperson; R Gopalakrishnan succeeds
• Porsche launches 2019 Macan at Rs 69.98 lakh
• The auto sector is in a bind: Workers cry job losses, but companies hands are tied ET Prime
• Bajaj Autos ride on bourses may be as hard as on road
• Marchionne's Successor Struggles to Put Fiat on Turnaround Path
• Groupe PSA opens India Technical Center
• Magna, BAIC and Zhenjiang govt join hands for EV manufacturing JV
• Porsche to launch electric car Taycan in India next year
• Ather Energy revs up post GST cut
• Mahindra Finance mulls raising Rs 26k crore
• Scooter sharing app Bounce plans to raise $30 million
• State needs new industrial policy, ecosystem to generate more jobs
• Hyundai Canada probing case of Kona EV fire, explosion Automotive News
• Tesla's days of splashy hires give way to internal promotions Automotive News
• Mercedes-Benz to deliver 20 eCitaro electric bus to three countries
• GM is halting production at a 78-year-old Detroit-area plant this week CNN
• Memo To The Auto Industry: Time To Join California And Leaders Opposing Trump Clean Cars Rollback Forbes
• China's Car Sales Slump: When Will It End? Forbes
• Automation And AI Actually Relieve Workplace Stress, And Customers Will Notice Forbes
Industry
• Top EU court rejects BMW appeal against limit on car plant aid
• U.S. auto sales seen slipping in July - J.D. Power, LMC Automotive
• SoftBank-backed Tokopedia bets on logistics, AI for Indonesia growth
• US, China revive trade talks with low hopes for progress
• NHAI, forest dept to sign MoU on monitoring plantations
• Auto stocks see massive selling; tank up to 6.5%
• RINL conducts trial production of 430 mm steel rounds
• UP secured investment worth Rs 1.5 lakh cr, created 28 lakh jobs in two years: Yogi Adityanath
• Sluggish animal spirits highlight Indias struggle with slowdown
• Canada pension funds lead race for GIPs Indian road assets
• PSA threatens to shut down UK plant over Brexit: Report
• Panel to meet again on funds transfer: Bimal Jalan
• Slowdwon, NBFC crisis pose fresh NPA scare, warns Moody's
• This Chinese firm may soon let you charge your e-car at home
• Speed guns to shoot down speeding on Yamuna Expressway
• Analysts slam brakes on Maruti stock after slump in Q1 net profit
• Nagpur: Solar-powered EV charging station to open at Bhat Hall
• Future belongs to electric vehicles: UP transport minister
• Over 12.6 million vehicles in Europe affected by emission restrictions
• Housing societies to give land for e-vehicle charging stations in Pune
• Bihar: GST on electric car battery chargers reduced to 5%
• With body cameras, ex-faujis to check violations on national highways
• Its not the govts intent to hit FPIs: Nirmala Sitharaman
Passenger Vehicle
• Uganda to start new vehicle production by June 2022
• Audi unveils A1 citycarver in Europe
Commercial Vehicle
• Ensure all school buses have CCTV cameras, GPS: Madras HC to TN govt
• 5,645 electric buses sanctioned for 65 cities: Kant
• Truck maker Traton warns H1 order intake slowed as profit rose
• KSRTC seeks Rs 100-cr fund from state govt
• KSRTC to operate over 200 special services
Aftermarket
• Ride-hailing giant Grab to invest $2 bn in Indonesia with SoftBank funds
• Droom hosts North India Dealers meet
Auto Components
• Fall in Indian steel prices in line with global developments: Seshagiri Rao, JSW Steel
Auto Technology
• Bosch to showcase future mobility solutions at IAA 2019
• Govt rule to pave way for optional use of Microdots in vehicles to trace them, check thefts
Auto Finance
• Groupe Renault appoints Joao Miguel Leandro as CEO of RCI Bank
Oil & Lubes
• Oil prices rise ahead of expected U.S. interest rate cut
• Castrol India Q2 PAT up 11% at Rs 183 crore
• Crude oil futures fall 0.36% on global cues
• ExxonMobil Lubricants launches Mobil Super Moto Synthetic engine oil
• India's Venezuelan June oil imports highest in 7 quarters- trade
 
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