Morning Daily - 2019-09-06

ETAuto Newsletter | Friday, September 6, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Indian auto industry growth story is about to collapse: Guenter Butschek
• Slowdown Blues: Mahindra defers Rs 1000 crore capex
• Aiming to bring in Rs 5 lakh crore road contracts to boost construction equipment sector: Nitin Gadkari
• Behavioural changes are leading to structural shifts in auto sector: Kotak
• Watching the rain fall, Auto Inc heads to rural India
• Expect some demand to return in 3-4 months: Venu Srinivasan, TVS Motors
• Was IndiGos AGM stage-managed? Shareholders fawn over Rahul Bhatia; absent Gangwal gets the raps. ET Prime
• Honda Motor warns of prolonged slowdown...
• No ban on petrol and diesel cars, reiterates Gadkari
• Auto slowdowns cyclical, but may be protracted this time
• A GST boost will definitely make a difference in demand: Pawan Goenka, M&M
• Auto sector slowdown may wipe out a million jobs: SIAM
• Honda, Suzuki alter 2-wheeler production plans amid weak sales Https://www.livemint.com
• KIA Motors to begin exports by end of September HBL
• From minus 30%, auto industry may stabilise around minus 15% during festive season: N Raja
• GM To Integrate Google Features In Infotainment Systems Forbes
• Need GST cut and one nodal ministry for the industry: SIAM
• JLR to launch 30 new vehicles in China over next two years
• Long, Really Long, Auto Loans Are Still On The Rise, Experian Says Forbes
• Economic slowdown may adversely impact truck operators revenue
• Nissan CEO Saikawa received excess pay: Reports
• GM CEO Barra calls meeting with Trump 'productive and valuable' Detroit News
• Trump's Trade War Inflicts Pain On Manufacturing States Forbes
Industry
• U.S. moving to block California vehicle emissions rules
• Melrose posts better-than-expected H1; sees more auto market weakness
• Canada auto sales rise slightly in August, ending 17-month rut
• Violators shell out Rs 1.41 crore in Haryana, Odisha post new Motor Vehicles Act
• Unfair to give tax sops to electric vehicles and not plug-in hybrids, says Volvo India MD Charles Frump
• Centre sensitive to slowdown in auto sector: Maruti Suzuki
• FDI jumps 28% to $16 billion in Q1FY20
• Car is no more an aspiration, get ready for change: Asia's richest banker to auto sector
• Going electric proving tough for Bengaluru autos
• Demand down, government seeks solution in new GST math
• Nitin Gadkari wants to increase employment in MSMEs to 15 cr; plans to launch Bharatcraft portal
Passenger Vehicle
• Tesla's use of individual driver data for insurance 'state-by-state proposition'
• GM will use Google to power future infotainment systems
• UK car sales fall again but demand for electric vehicles surges
• Porsche goes green with leather-free electric sports car
• Automakers to install rear seat reminders to stop hot car deaths in U.S.
Aftermarket
• Brazil court rules Uber drivers are freelancers, not employees
Auto Components
• Bosch seals car battery deal with China's CATL in hybrid drive
• NCLT approves JSW Steel's Rs 19,700 crore bid for Bhushan Power & Steel
• US sues to prevent Aditya Birla group subsidiary's acquisition of Aleris
Oil & Lubes
• Oil prices edge higher, set for weekly gain amid trade optimism
• Patna district to have 11 CNG stations by year-end
• India's crashing vehicle sales have yet to burn crude oil imports: Russell
• India grabs US crude set to arrive in China after tariffs
 
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