Morning Daily - 2019-09-04

ETAuto Newsletter | Wednesday, September 4, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Government measures to revive auto sector yet to make impact on ground level: FADA
• Rakesh Srivastava to join Nissan India as MD on Sept 5
• Spark Minda Group cash flow turns positive; ups R&D spent to boost content per vehicle
• Charging ahead? India's electric car revolution faces bumps
• Tractor volume set for 5-7% de-growth this fiscal: Report
• Volkswagen aims to expand aftersales business
• EESL plans to set up EV charging stations in Kolkata
• Ashok Leyland heavy-duty trucks get BS-VI certification
• Ethanol price hiked by up to Rs 1.84
• Schaeffler India opens new corporate headquarter in Pune
• Kerala finance minister says no to GST rate cut on cars, bikes
• Will explore if RFID tags for commercial vehicles can be used in pvt ones: EPCA
• From Hero MotoCorp to Royal Enfield, two-wheeler sales continue to skid Business-standard.com
• Motown crisis: Deafening silence at Pimpri-Chinchwad's auto parts units Business-standard.com
• Gadkari to chair meeting on delayed payments of MSMEs
• India may have entered Quasi-Recession as GDP growth plummets
• New rules to end disputes with infra cos
• Subaru and other small carmakers squeezed by EV mandates Detroit News
• Ashok Leyland domestic sales crash 50% in August
• TVS Motor sales down 15% in August
• Volvo chooses India for global rollout of 3-seater luxury car
• AI Stats News: 56% Of US Companies Doing Business In China Worry About Cross-Border Data Flows Forbes
• Vingroup leans on government and ride-hailer to boost auto sales Nikkei Asian Review
• Was IndiGos AGM stage-managed? Shareholders fawn over Rahul Bhatia; absent Gangwal gets the raps. ET Prime
• If AI Destroys Jobs, It??s Up To Us To Help People Affected Forbes
Industry
• Israel's Cortica teams with Toyota, BMW in autonomous AI car tech
• Next 2 months crucial for economy: SBI chief
• Germany, land of the car, develops taste for electric cargo bikes
• With contract expiration looming, UAW targets GM first for talks
• Executive's flight to PSA highlights Renault-Nissan alliance tensions
• Fewer positive respondents among MSEs in April-June: CriSidEx survey
• Australian lithium miners submerged by low prices
• Japanese tech holds key to boost manufacturing units: Experts
• Atul Suri on 4 sectors that could see mega trends for next 5-10 years
• Government hopeful on FPIs returning post-tax rollback
• Delhi: South corporation to launch RFID website on Tuesday
• Frankfurt auto show touts green credentials amid climate protests
• No decline in automobile sale in Bihar: Deputy CM Sushil Modi
• Foreign borrowings double to $4.98 billion in July: RBI
Passenger Vehicle
• Fiat Chrysler car sales in Italy down 16% in August
• Hyundai global sales down 6.2% at 363,045 units in August
• Maruti Suzuki UV sales crosses one million units
Commercial Vehicle
• Only 165 commercial vehicles have made payments through RFID tags: SDMC
• CNH Industrial aims to complete revamp by early 2021
Aftermarket
• Durr launches EcoProFleet automatic guided vehicles for paint shops
Auto Components
• Icra cuts long-term outlook on JSW Steel to negative
Oil & Lubes
• CNG supply in Mumbai hit due to fire at Uran ONGC plant
• Oil falls 1% pressured by trade war and swelling output
• Brazil increases quota for tariff-free ethanol imports for only one year
 
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