Morning Daily - 2019-08-13

ETAuto Newsletter | Tuesday, August 13, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• 93% injured workers in Gurugram-Manesar auto belt make parts for three giants
• Pre-buying of diesel vehicles ahead of BS-VI implementation may help arrest sales decline: Toyota
• Carmakers eye subscription, leasing to offset dwindling dealership sales Business-standard.com
• Motherson Sumi Q1 profit slips 42% at Rs 361 crore
• Video: Anil Kumar, MD & President India, SEG Automotive India on EV Ecosystem
• Foreign auto cos shrinking conventional portfolio to focus on EVs
• ABB appoints new CEO Bjorn Rosengren
• Defaults and idle trucks abound as auto slump bites logistics sector HT Mint
• Why the romance of the 4-wheel drive is sputtering to irrelevance ET Prime
• Slowdown Saga: BS-VI to dent auto industry in FY21
• Benelli India to double product portfolio in domestic market
• China new-energy vehicle sales drop for 1st time in over two years
• Hyundai rolls out first Grand i10 Nios
• S&P reaffirms B+ rating on Tata Motors with negative outlook
• OPINION: India's crude oil imports are lacklustre, joining coal, LNG
• Jaguar Land Rover global sales up by 5% in July at 37,945 units
• Transient issues in overseas units weigh on Motherson Sumi's profits Https://www.livemint.com
• JK Tyre to capitalise on duty hike on Chinese products, beef up exports Business-standard.com
• Nissan, BMW in talks to pull South Africa into electric car era
• 'Maharashtra government must revoke licence of app cab drivers for refusal'
• China car sales keep shrinking, intensifying automakers woes
• Nissan retreats on pickup strategy Automotive News
• India responds to Belt and Road Initiative with infrastructure push Nikkei Asian Review
• Is Revenue From North America Driving GM's Total Revenue Growth? Forbes
• Why Policymakers Need To See The Hope, Not The Fear Of AI Forbes
• When Over Half Of Your Youth Population Is Unemployed, How Do You Start To Fix It? Forbes
Industry
• One more incentive to buy electric vehicles in Delhi
• Gujarat on e-bus fast track
• 8 more e-vehicle charging units in Kolkata
• SME-focused Ugro Capital eyes over Rs 1,000 cr loan book by March
• US-China trade war leaves Europe as collateral damage
• Employees will prefer to be replaced by robots: Study
• Global economy inching towards recession: Morgan Stanley
• Why not make transport corporations private-public entities: Madras HC
• UT cops search 44,000 vehicles, slap 621 challans in 41 days
Passenger Vehicle
• Lexus global sales up by 10% a 360,045 in 2019 H1
• UK govt to invest 2.5 million for EV charging points
• Tata Motors delivers Tigor EVs to ANP Travels in Bengaluru
• Hyundai Nexo fuel cell SUV gets top safety pick+ award by IIHS
Commercial Vehicle
• 40 more e-buses set to run on Kolkata roads, ease pollution load
• PMPML drivers can refuse to operate rickety vehicles
• Delhi-Lahore bus service cancelled: DTC
• Stickers reducing visibility of drivers barred in govt buses
Two Wheelers
• Plowed down by electric scooters: France plots crackdown
Aftermarket
• Audi launches monsoon car check-up campaign
Auto Components
• AMS aiming autonomous car industry with Osram bid
• Australia eyes rare earth deposits amid fears over China supplies
• Iron ore heads to $80 amid loss in confidence as slump extends
• Australia's Northern Minerals signs rare earths supply deal with Germany's Thyssenkrupp
Auto Technology
• Sennheiser develops Ambeo in-car entertainment and communication system
• Telenav partners with Grab over connected car solutions
• Mursix invests in PolyCharge for EV technology development
Oil & Lubes
• Oil falls on fears of a global economic downturn
• Aramco to take 20 pc in RIL's refinery, chemical biz at $75 bn enterprise value
 
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