Morning Daily - 2019-09-11

ETAuto Newsletter | Wednesday, September 11, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Maruti and Toyota subsidiary to set up vehicle scrappage plant
• Auto crisis more due to overproduction than slowdown in economy: Rajiv Bajaj
• Millennial mindset of using app-based cabs adversely affecting auto sector: Nirmala Sitharaman
• Inventory funding going to be tough: Rajan Pental, Yes Bank
• ETAuto Poll: Indian economy is in recession, says 68% respondents
• HDFC Bank to offer pre-approved car loans
• ETAuto Top 100 Power Dealers List: Dealers from south & west steal the show again
• Olectra Greentech, BYD in talks for electric passenger vehicle venture in India
• Daimler Trucks makes India global export hub for BS-VI trucks and buses
• Autologue: App based ride hailing may impact PV sales but why are truck, tractor and two-wheeler sales down?
• Delhi has 75L active vehicles, but parking space for less than a lakh
• Continental aims to decide on productivity steps by year-end: CEO
• ETAutoTV: Multi-pronged challenge: Vehicle subscription model
• FADA reappoints Ashish Harsharaj Kale as President
• Auto sector to start picking up only in FY21: Daimler India's Satyakam Arya Business-standard.com
• Gujarat slashes Centres new traffic fines by up to 90%
• Pre-owned car sales expected to grow 10 pc in 2019, millennials emerge biggest buyers: OLX
• PUC rush leads to hours-long lines, crashing servers in Delhi
• Powertrain strategies for the 21st century: A global perspective - Audio interview
• Renault, FCA talks are "in the past": Renault CEO
• Transport sector wheels slowing down, business declines by 28%
• Honda Cars India partners with Orix over car leasing
• Maruti has entered the grungy lanes of slowdown. Its own strengths have brought it here. ET Prime
• Investors look to hitch a ride on bike-sharing cos
• What Medicare for all could mean for auto workers Detroit News
• EV boom to turbocharge battery metal producers: Moody's
• Ten Ways To Stand Out At A Job Fair (And Snag One Of Those 30,000 New Amazon Jobs) Forbes
• A Seven-Day Job Search Plan To Launch Your Career Forbes
Industry
• HCL Tech acquires Hubballi firm Sankalp Semiconductor
• Cox Automotive to invest $350 mln in electric truck maker Rivian
• VW warns trade war gloom is getting scary as car sales slow
• California highway barrier repairs 'ineffective' before Tesla crash: NTSB
• India-China spat delays deal covering a third of global trade
• Ford plans big push into electrics in Europe
• India has limited room to ease fiscal policy due to high debt: Fitch
• World's biggest carmaker Volkswagen is giving itself a makeover
• UK government announces 500 mln stg green investments
• Climate change, trade woes reshape Frankfurt auto show
• Automotive production in Mexico: Update
• Australia's Syrah Resources to slash Q4 graphite output, cites weak China demand
Passenger Vehicle
• Audi August global sales down 2.5% at 150,100 units
• Ford to launch eight electric vehicles in Europe this year
• Recovery first: for next Nissan CEO, priority is profit before Renault partnership
• Driving green: Mercedes shows-off sleek, electric concept car at Frankfurt auto show
• New Land Rover Defender breaks cover
Commercial Vehicle
• Mgmt consultant to manage city bus service
• Daimler autonomous trucks start road testing in US
Two Wheelers
• Young riders' performance augurs well for the future:Kotu
Aftermarket
• Uber adding 2,000 jobs in Chicago, mostly in Freight unit
Auto Components
• Meritor India plans to enter electric mobility segment with e-axle
Auto Technology
• Microsoft Connected Vehicle platform integrates TomTom navigation
• Hyundai partners with Xevo Market for telematic solutions
Oil & Lubes
• Oil prices rise after data shows big drop in US inventories
• India's energy demand to grow by 4.2%: Dharmendra Pradhan
• Fuel sale falls by 15% in state after new MV Act, says study
• India's fuel demand to grow at over 4% through 2030 - Nayara Energy
• Oil hits six-week high on hopes of extended OPEC output cuts
 
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