Morning Daily - 2019-08-01

ETAuto Newsletter | Thursday, August 1, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Motor Vehicle Bill passed in Rajya Sabha
• Chandrasekaran re-appointed as director of Tata Motors
• SBI, FADA discusses liquidity and steps to reduce stress
• Ashok Leyland profit tanks 45% despite 4% market share jump in Q1
• How China became a fertile ground for foreign EV investments?
• Auto Expo 2020 dates announced
• Its a gadget, its an SUV: The Hyundai Venue has found a way to get young buyers to the showrooms ET Prime
• Auto makers cut production by 11% in Q1 amid falling sales: Report
• Proposed hike in registration fees will further aggravate de-growth of the auto industry: SIAM
• Apollo Tyres Q1 PAT down 44% to Rs 142 crore
• Eicher Motors Q1 PAT dips 22% at Rs 452 crore
• Govt-funded R&D facilities may now become accessible to pvt firms, individuals HBL
• CECRI to make EV batteries; invest Rs 100 cr HBL
• Investing in companies with good governance practices is catching up in India: Kotak MF chief HBL
• How will changes in the law affect companies CSR? HT MINT
• Govt softens stance on time frame for transition to electric vehicles Business-standard.com
• Why Past Experience Is A Lousy Predictor Of Job Success Forbes
• The Most Valuable College Majors Are Where The Jobs Are Forbes
• FCA posts strong N.A. performance in Q2, powered by Ram, Jeep Automotive News
• J.D. Power set to be acquired by Autodata owner Automotive News
• GM faces declining sales and price wars in largest markets Automotive News
Policy
• Now, traffic violators face 6-mth jail as MV bill gets closer to law
• Gujarat: RTO check posts to go, human role to be cut down in new system
Industry
• India Is Only Major Asian Nation Thats Growing Its Export Share
• Australia's Altura Mining inks lithium supply deal with Chinese battery maker
• Auto suppliers take more pessimistic view of China vehicle production
• Delayed monsoons complicated poor sentiment in auto sector, India Ratings says
• Reviewing exposure to auto dealers, car loans; will ensure industry do not suffer: SBI
• Panasonic first-quarter profit nearly halves on China, Tesla woes
• Brexit meltdown? UK car investment tumbles but consumers resilient
• US consumers expect changes in energy supplies, autos in 10 years: Survey
• Goa govt planning to reserve 80% jobs in factories for locals
• GSTN should test, rectify systems before roll-out to public: CAG
• Pune: Overspeeding on Expressway to cost more
• Aston Martin slumps to half-year loss as European demand drops
• India has an excellent chance to gain from US-China Trade War: Govt
• Customers are not fully prepared for electric and autonomous vehicles: Study
• German prosecutors charge former Audi boss with fraud over 'dieselgate'
• KSL Cleantech partners with Huaihai to make EVs in India
• Tesla to pay China $323 million a ear in tax for factory site
• Tax rejig required to reverse slowdown, say experts
• Companies may face penal action for not meeting CSR rules: Nirmala Sitharaman
• UK car investment slumps over 70% on no-deal Brexit fears
Passenger Vehicle
• Mercedes won't have to share Tokyo show spotlight with Audi, BMW
Commercial Vehicle
• UP govt to install CCTV in state-run buses
• Frequent bus breakdowns spark massive traffic jams in Pune
• Polluting buses to face the heat in Patna
• Lucknow: More than 5,000 government buses to be made disabled-friendly by year-end
Two Wheelers
• TVS Motor Company to organise MotoSoul in October 2019
Aftermarket
• Avis enlists Israeli startup to turn rental car data into cash
• SC asks Centre to take steps to regulate taxi aggregators
Auto Components
• Indias per capita copper consumption may rise from 0.5 kg to 1 kg by 2025
Auto Technology
• Getting under the hood of Amazon's auto ambitions
• Hyundai Belux partners with Bright Box for connected car service
• IBM Japan joins Automotive Edge Computing Consortium
• Ford Gets Defense Contractor to Get Robot Rides on the Road
Auto Finance
• HDFC lowers lending rates by 10 basis points to new & existing loans
• Tepid bike sales hit profit of Muthoot Cap
Oil & Lubes
• IOC Q1 net profit slumps 47 pc on lower refinery margins, inventory gains
 
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