Morning Daily - 2019-07-31

ETAuto Newsletter | Wednesday, July 31, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Partial impact of slowdown on super-luxury car market: Porsche India
• JLR looking for financial partnership in China: N Chandrasekaran
• SBI tightens lending terms for auto dealers
• Hero MotoCorp Q1 PAT up 36% after an exceptional gain
• CBI books Rolls Royce in corruption case
• Nissan plans to cut at least 10% of its global lineup by 2022: Report
• The auto sector is in a bind: Workers cry job losses, but companies hands are tied ET Prime
• Affordable eMobility for India - AutoLogue by Ashok Belani
• Maruti launches BS VI compliant version of petrol powered Ertiga
• Retail NBFCs may see revival in second half
• Uber is cutting 400 jobs from its marketing team
• Honda 2-Wheelers seizes counterfeit parts worth Rs 49 lakh
• Hyundai Venue receives 50,000 bookings in 60 days
• Opinion: Top 3 reasons why IoT is the biggest innovation in the tracking industry
• Scania net sales up 17% in January-June from year before
• German auto supplier Eisenmann files for insolvency
• Getting into nuts and bolts of building electric vehicles to be next challenge Https://www.livemint.com
• Hyundai donates Rs 1 crore to Assam Chief Minister's Relief Fund
• Ather Energy rides high on electric scooters, may hit sales of 1 mn by 2023 Business-standard.com
• Indian startup Rivigo granted US patent for its driver relay system
• Stunted FY20 volume growth to hurt Escorts; net profit may see a 20% fall Business-standard.com
• CECRI to make EV batteries; invest Rs 100 cr HBL
• Renault-Nissan-Mitsubishi loses top automaker spot in first half Nikkei Asian Review
• Auto Scams Again Top The List Of Consumer Complaints Forbes
• BMW Trimming Lineup To Meet Demands Of EV And Autonomous Cars Forbes
• Redesigning Your Tech Careers For The AI Era Forbes
Industry
• U.S. Congress seeks to jump start stalled self-driving car bill
• GM braces for attacks from Democrats in Detroit debates
• India received highest-ever FDI worth USD 64.37 billion in FY19
• Ease of doing business: 1,000 companies get nod to start projects
• Uno Minda aims to increase the green cover in Haryana region
• Automakers, Colorado reach deal on zero-emission vehicle mandate
• Why it is not feasible for FPIs to change structure to invest in India: Nandita Parker, Karma Capital
• Want to add trillions to the global economy? Back female founders
• June GDP to print in at 5.7% on demand slump, NBFC mess: Nomura
• Open partners with Visa to enhance business banking for SMEs
• India benefited modestly from US-China trade war: SBI report
• Banks raising funds to grab NBFC share
• View: India shouldn't bail out stressed NBFCs
• World merchandise trade up 3% in 2018, lower than 4.6% growth in 2017: WTO
Passenger Vehicle
• Luxury, comfort & more: Porsches battery-powered beast Taycan to take on its iconic 911 sports car
Commercial Vehicle
• After BEST fare cut, vehicle speed up at least 10% on certain stretches
• MTC small buses to provide last mile connectivity from metro stations
• KSRTC plans to launch Vayu Vajra buses in Mysuru
• Bengaluru: 1,000 BMTC buses, 38 stations to have CCTV cams
• Finally, 2 bidders for e-auto and e-rickshaw schemes
• Buses may need to have wheelchair ramps soon
Aftermarket
• Bike taxis seek to lift stay on their operations
Auto Components
• JSW keen to push consolidation in value-added steel products
Tyres
• Japan's Toyo Tire to open factory in Serbia
• Pirelli investors renew shareholders' agreement until 2023
Auto Technology
• StradVision unveils autonomous vehicle camera tech
• Walmart partners with Gatik for autonomous delivery
Oil & Lubes
• Gulf Oil India Q1 PAT jumps 21.4% at Rs 49 crore
• Oil prices rise for fifth day after U.S. stocks decline
• BP says quarterly profit sinks on lower oil prices
 
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