Morning Daily - 2019-08-10

ETAuto Newsletter | Saturday, August 10, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Tata Motors and M&M plan production cuts amid industry crisis
• ETAutoCast: How grim is future of auto dealers?
• Kia Seltos First Drive Review: A new benchmark in the segment
• What makes EVs and shared mobility inevitable for India, explain industry leaders
• Industrial production growth slows to 4-month low of 2% in June
• Tyre sector may rebound only by Q4
• Global auto suppliers' market valuation doubled to $510 bn since 2008
• Toyota to taper Etios, Liva production HBL
• How augmented reality is shaping the future of car retail
• Alert! Your safety has been compromised. Uber, Olas much-touted panic button just rings hollow. ET Prime
• Hurdles in Bengaluru public places keep electric kick scooters at bay
• Mahindra looks at Michigan site for possible auto plant WXYZ
• Auto industry unanimous in seeking immediate GST cut: SIAM
• Maruti Suzuki opens booking for XL6 MPV
• Tata Motors inaugurates South Bengals first spare parts outlet at Raniganj Square Highway Hub
• E-mobility mission to be implemented in phases based on auto industry feedback: Meghwal
• President gives assent to Motor Vehicles Bill
• Daihatsu named technology partner for Malaysia's next national car Nikkei Asian Review
• China's SenseTime chases global AI dreams amid tech cold war Nikkei Asian Review
• As Auto Industry Skids, Billionaire Pawan Munjal And Industry Leaders Seek Sops To Kickstart Sales Forbes
• Virtual Freelancers And The Future Of Human Employment Forbes
Policy
• Tax officials will need approval to probe startups for angel tax: CBDT
• Bihar: Now, open bidding for fancy vehicle numbers
Industry
• Brexit turmoil drives UK towards recession
• NBFCs paying more to take the longer route
• Govt & RBI working together to help incentivise investments: Sitharaman
• India needs to increase women workforce to global average of 48% in 10 next years: Amitabh Kant
• Auto stress: M&M to suspend production for 8-14 days
• China's CMOC seeks opportunities to beef up battery metals business
• Tata Motors organises free service check-up camp
• RBI not done with easing, may cut rates in October and early next year
• Bihar: Now, open bidding for unique vehicle numbers
• EPCA seeks clarity on vehicles for picking up garbage
Passenger Vehicle
• Hyundai launches solar roof charging system
• Fiat Chrysler launches the new Jeep Wrangler at Rs 63.94 lakh
• Malaysia launches new car project to jumpstart high-tech growth
• Hyundai working on its first electric race car
Commercial Vehicle
• Karnataka to get 400 electric buses; 300 to ply in Bengaluru
• PMPML buses without fitness certificates under RTO scanner
• Soon, 50 e-buses to be added to Gurugaman fleet
• Tamil Nadu gets 525 e-buses, deal for 300 more almost final
Two Wheelers
• Royal Enfield launches six variants of Bullet 350
• Ducati lauches Diavel 1260 range in India, price starts Rs 17.7 lakh
• Suzuki launches Gixxer 250 at Rs 1.59 lakh
Aftermarket
• Swiggy may Bounce bike taxi pilot in Indore, Ahmedabad
Auto Components
• Delhi Machine Tool Expo 2019 begins at India Expo Mart
• Schaeffler produces its largest spherical plain bearing
• Albemarle to delay construction plans for 125,000 tons of lithium processing
Tyres
• MRF Q1 profit rises 2% to Rs 273 crore
Auto Technology
• Elektrobit and Baidu to provide safe autonomous driving
• Synopsys to acquire QTronic for expanded automotive solutions
Oil & Lubes
• Oil India Q1 profit drops 11% to Rs 625 crore
• Shell partners Honda to launch new range of motorcycle oil
 
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