Morning Daily - 2019-08-05

ETAuto Newsletter | Monday, August 5, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Hyundai leads UV segment in July sales at 16,234 units
• Karnataka Govt to give 600 acres of land around Blore to build EV cluster
• Two lakh jobs cut in last 3 months across automobile dealerships: FADA
• Hit by slowdown, Maruti Suzuki to operate only one shift at all plants
• Open to suggestions on EV rollout: Niti Vice-chairman
• MG Motor's EV strategy to cause disruption
• Its a gadget, its an SUV: The Hyundai Venue has found a way to get young buyers to the showrooms ET Prime
• Slowdown in auto sector turns up the heat on component makers Https://www.livemint.com
• Subsides soon to make batteries in India
• Auto industry may further cut production
• New Motor Vehicles Act to ease vehicle registration process
• How a shadow banking crisis sent India's autos sector into a tailspin
• NHAI to prioritise road projects on financial viability
• Passenger vehicle sales in India may reach 5 million units in FY23: Report
• Import dependence rises as crude oil & gas output declines
• Exide's JV plant with European co to be commissioned by Dec
• Softening of demand in domestic market, protectionist measures abroad may impact value creation: Maruti Suzuki
• Govt set to frame rules for ride-hailing firms Https://www.livemint.com
• Why retail loans continue to grow amid a slowdown Https://www.livemint.com
• CEOs bank on festive cheer; India Inc hopes for improvement in second half Business-standard.com
• PVs best placed in auto sector; Maruti is favoured pick in the listed space Business-standard.com
• Auto Scams Again Top The List Of Consumer Complaints ?? Here's The Worst Of Them Forbes
• Are Most People Actually Working Two Or Three Jobs? Not Really. Forbes
Policy
• Strict rules for PUC centres to bring down pollution in Kolkata
• Group of 12 U.S. states challenge Trump fuel economy penalty freeze
Industry
• Delhi govt supports removal of cap on registration of auto-rickshaws in SC
• Watch your speed in Delhi, roads have eyes now
• RBI likely to cut repo rate by 25 bps to counter mounting growth concerns
• India needs to grow at 9% to achieve PM's target of USD 5 trillion economy: EY
• Nagpur: Dip in registration of new vehicles hits RTO revenue
• Grandfathering clause to provide partial relief to FPIs
• How trademarks can work as assets for MSMEs
• Exide launches sealed, maintenance-free automotive battery
• Tax on super rich, auto sector proposals own goals by the govt, says Chris Wood
• 50 centres to charge electric vehicles to come up in Hyderabad
• Thiruvananthapuram: Road safety action plan all set to be launched from Monday
• India must invest in education, human skills to be among top 3 economies: Experts
• Armoured, specialised vehicles of armed forces exempted from BS-VI emission norms
• Auto service centre asked to pay Rs 60,000 compensation
• Trump says auto tariffs never off the table in EU trade talks
• Nissan, Renault eye restructuring for Fiat merger: report
Passenger Vehicle
• Toyota global sales up by 4% in the first quarter of FY20
• SUV Kia Seltos unveiled in Hyderabad
• Ferrari to unveil 3 new models by end of 2019
• Now you can own a brand new car without buying it
Commercial Vehicle
• BMTC move to hire firm before finalising tender sparks row
• Moradabad may get citybuses on 10 routes soon
• Daimler developing e-trucks to make online shopping greener
• Commercial vehicles must have reflective strips for night visibility
• Control hub to track BEST buses real time
• Pune: Olectra to be fined for delay in delivery of e-buses to PMPML
• Trunk route truck rentals down 25-30%: IFTRT report
• Goa: With no taxis, KTC rakes in Rs 12 lakhs as 1,400 passengers take the bus
• Fixing retro-reflective tapes to be mandatory for all commercial vehicles
• Uttar Pradesh: Safety checks must for long-route roadways buses
• Jaipur: Trial run of electric bus held
• AI-enabled govt buses to be rolled in UP, K'taka to avert accidents
Two Wheelers
• Rising costs dent the spirits of even Royal Enfield fans
• Hero MotoCorp unveils initiative to deliver bikes, scooters at customer doorstep
• Ampere Vehicles cuts e-scooter prices by Rs 5,000 post GST cut
• Shared e-scooters aren't as environmentally friendly as other transport options
Aftermarket
• Goa taxi strike continues, govt urges commuters to use state-run cab service
• China will be the worlds used car salesman
• You have to be 18 to ride e-bikes in Navi Mumbai
• CNG, petrol vehicles can be registered as cabs in Delhi: SC
Auto Technology
• Bosch preps up for the factory of future
• Hyundai cars to get Rear Seat Reminder Systems as standard in US
• Recogni secures $25 million in Series A funding
• New BMW 5-Series sedan gets additional electric range with plug-in hybrid system
• TSD partners with Zubie for connected car solutions
Oil & Lubes
• Saudi Arabia cuts September crude oil prices to Asia
• Iran seizes foreign oil tanker in Gulf smuggling fuel to Arab states
• CCI dismisses abuse of dominance charge against ONGC
• Cairn Energy ready to reinvest in India if retro tax issue is resolved: CEO
• Oil up 3%, recouping some losses from Trump tariffs comments
 
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