Morning Daily - 2019-08-29

ETAuto Newsletter | Thursday, August 29, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Maruti to invest in new products, expansion despite the downturn
• Renault plans e-Kwid at below Rs 10L for India
• Toyota enters into a capital alliance with Suzuki
• Cost of EVs to be at par with combustion engine cars in 3-4 yrs: Kant
• Mild India recovery from slowdown by March next: Goldman Sachs
• Renault launches Triber at a starting price of Rs 4.95 lakh
• ARENA to invest $15 million for EV charging network expansion in Australia
• VIDEO: 'Building robust ecosystem for faster adoption of electric vehicles'
• Audi e-tron crosses 10 countries in 24 hours
• After tax incentives, govt brings in FDI reforms to propel growth
• Interest a burden, NHAIs not on the highway to fast growth
• Maruti Suzuki offers doorstep car service
• Yamaha partners with Sony over new mobility solution
• Toyota Glanza, Baleno spinning tracks for millennial, first-time car buyers Business-standard.com
• Confused by the SC's BS6 ruling? Here's what it means for your existing car
• Hyundai Mobis to set up 300 bn won EV parts plant in South Korea
• Nothing much in stimulus to make consumers happy, say carmakers Business-standard.com
• Slump in lithium prices hammers profits at China's Ganfeng
• Mazda to switch to Toyota Financial Services for loans, leases Automotive News
• Federal probe into union corruption expands to General Motors CNBC
• U.K. Government Plans To Reduce Traffic By Opening Up Data To AI Firms Forbes
• Should You Start A Business Or Get A Job? The Pros And Cons Of Trying To Do Both Forbes
• Was IndiGos AGM stage-managed? Shareholders fawn over Rahul Bhatia; absent Gangwal gets the raps. ET Prime
Industry
• Plan to launch EV in India by 2022 but ecosystem is a must: Renault
• UK car output slumps nearly 11% in July on weak export demand
• India liberalizes foreign direct investment to boost economy
• India's crude steel output rises 1.7% to 9.2 MT in July
• US-China trade dispute presents opportunity for India: Report
• Jalan panel moots review of RBI capital norms once in 5 years
• China key to India's plans to become USD five trillion economy: Tech Mahindra CEO
• Bank recapitalisation unlikely to deliver much, says S&P
• There is indeed a slowdown and govt does recognise it: Sanjeev Sanyal
• India Ratings cut GDP forecast to 6.7 pc for FY'20
• Dipping Re bites motown margins, hits raw material cost advantage
• SpotHero raises $50 million in Series D funding
• VW still grapples with Piech's mixed legacy
• Govts capex plans likely to get renewed push from RBI windfall
Passenger Vehicle
• Goa: Mahindra Great Escape concludes successfully
• More electric vehicles in Patna soon
Commercial Vehicle
• Goa to get 50 electric buses
• Mexico's truck makers delay investment amid doubts on new clean diesel rules
Two Wheelers
• Micromax co-founder's new startup Revolt to take electric motorcycles to the masses
Aftermarket
• Mercedes-Benz India brings Mechatronics programme to Odisha
• Mahindra launches new TVC campaign for Marazzo MPV
• Ride-hailing firm Grab says to invest $500 mln in Vietnam over five years
Auto Components
• Nippon Steel eyes price hike, plant consolidation to shore up profits
• Tata Steel, JSW Steel's profitability to decline: Moody's
• BorgWarner to showcase hybrid and EV components at IAA 2019
• KEL in talks with Toshiba for making lithium-ion batteries
Auto Technology
• Waymo releases Open Dataset for self-driving technology
• Survey finds new auto technology can annoy drivers
• Ex-Google engineer charged with theft of autonomous car secrets
• U.S. to test mirrorless, camera-based systems in autos
Oil & Lubes
• Oil prices pegged back by mounting concern over US economy
• Indian Oil Corp plans $28 billion investment by 2023-24: Chairman
 
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