Morning Daily - 2019-08-26

ETAuto Newsletter | Monday, August 26, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Incentive to be crucial for success of vehicle scrapping policy
• Both dealer and customer finance costs are going to come down: RC Bhargava, Maruti
• Weak tractor sales, BS-VI costs likely to limit upside for M&M
• Wont ban petrol & diesel vehicles as suggested by Niti Aayog: Nitin Gadkari
• Toyota to keep selling diesel models in India as it expects demand to continue
• Tata Motors' plan to raise foreign debt off the table HT Mint
• Maruti XL6 wants to end the diesel reign. Add Kia, MG, Hyundais connected cars to the challenge ET Prime
• Suzuki Motorcycle bucks the trend, logs 16% growth
• Cars in slow lane, wheels coming off careers
• Two-wheeler makers are exploring new ideas to keep going as sales flag Business-standard.com
• There is no recession in the country, just decline in demand in certain sectors: SBI Chairman
• Stimulus package will boost growth and stabilise economy: CII
• Ashok Leyland plans to invest Rs 70 crore to set up Africa unit Business-standard.com
• VIDEO | Different kind of automotive manufacturing needs different skill set: Sunjay Kapur, CEO, Sona Group
• Kolkata car dealers downshift gears over flagging sales
• Car makers have $372 bln incentive to defy Trump
• A shared, public fix for mobility
• Remarks by Niti Ayog vice-chairman Rajiv Kumar forced govt to announce package this week
• Age is just a number: Vintage MiGs, old vehicles still ply in India
• Maharashtra: In a first, tribal women to drive MSTRC buses
• VW targets higher profit as e-car costs, uncertainty weigh
• Centre responsive to slowdown, but more steps needed: Report
• Lidar maker's sensors auto-ready Automotive News
• How Toyota will use robots at the Tokyo Olympics Detroit News
• India Inc hails FM steps to boost economy
• Lamborghini teases new electric supercar
• Europe's Auto Finances Under Threat As Electric Era Starts Forbes
• Why Employment Figures Told A Happy Tale But Not A True One Forbes
• Beep partners with Bestmile over autonomous mobility
• Time To Quit Your Job? Take 6 Steps To Avoid Regrets Forbes
Industry
• Industry reps to interact with finance minister on Tuesday
• No faking it: Five new automated driving test centres to come up in Delhi in two months
• Change begins today: Trucks, cabs without RFID tags no-go in Delhi
• Over 75% of NBFC NCDs went undersubscribed during Sept-June
• View: India must join US in seeking WTO reforms
• Singapore says Musk's electric cars are about 'lifestyle,' not climate
• FIEO sees strong flow of exports from eastern India
• Relief for FPIs as govt withdraws enhanced surcharge
• Deep structural reforms only way to reverse economic slowdown
• Bengal gets proposal for 800 MW solar power project: Minister
• Unlocking entrepreneurial energy for growth: RBI Guv
• MSME minister Gadkari targets 10 lakh crore turnover through govt. E-commerce portal
• Number of vehicles up, Chandigarhs air quality down, says UT Report
• Statkraft acquires second German electric vehicle charging firm
• Automakers say trade rift bad for industry
• Markets tumble on growing tariffs rift between US, China
• View: Is the current slowdown cyclical or structural?
• Centre approves Rs 27 crore grant for electric buses in Nashik
• MSMEs GST refund dues to be settled in a month
• Trump raises tariffs on Chinese goods as trade war escalates
• Save ailing auto sector, Edappadi K Palaniswami urges PM in letter
• Forex reserve falls by $70.8 million to $430.5 billion
Passenger Vehicle
• Toyota to provide 3,700 vehicles including EVs at Tokyo Olympic
• Skoda Auto opens its most advanced car paint shop in Europe
Commercial Vehicle
• Delhi: Chaos and frustration mark RFID launch
• Mumbai: 98% of BEST workers vote for strike
• Hino opens $100 million truck plant in West Virginia
• Kolkata: Hidco plans three smart shelters for bus passengers
• Palaniswami to flag off TNs e-buses for public transport
• Daimler delivers its first electric Freightliner eCascadia in US
• RTC unions want expert panel to divulge merger plans with govt
Aftermarket
• With no policy for app-based bike-taxis, RTO bans such services
Auto Components
• Posco completes its battery component plant in China
Oil & Lubes
• CNG-PNG project launched in Jharkhand
• Oil prices down nearly 2 per cent as trade war shakes confidence
• Trump administration considers boost to biofuel mandates to ease farmer anger
 
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