Morning Daily - 2019-09-24

ETAuto Newsletter | Tuesday, September 24, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• About 80 foundries to be shut; over a lakh job loss expected if auto inc slump continues
• Car price cut: Maruti says 'looking into the issue', Toyota, Honda, Hyundai say 'no'
• Will corporate tax cut bring festive cheer to the auto industry?
• CK Birla owned NBC Bearing investing Rs 15 crore annually towards industry 4.0 and digitalisation
• India's biggest carmaker Maruti sees higher sales in September
• GM CEO gets $22 million salary amidst 15,000 jobs cut
• Move away from the mass-commuter market: how Suzuki Motorcycle bucked the slowdown in India ET Prime
• All buses in India will switch to electric in next 2 years: Nitin Gadkari
• About 70% of the car subscribers are millennials: Zoomcar
• Hero Electric looks to double capacity HBL
• No need to ban petrol, diesel vehicles; EVs picking up momentum naturally: Nitin Gadkari
• 10 opportunities for Delhi to achieve electric, urban mobility
• Honda strikes biggest deal ever by automaker to buy clean power HT MINT
• Hyundai Motor Group, Aptiv to set up $4 bln self-driving JV
• China's Tesla Has Already Lost $5 Billion and Now It's Fighting for Its Survival Fortune
• Dont issue challan, first verify vehicle details through app: Centre to states
• Govt asks states to ensure linking of emission test data with Vahan database
• Mahindra launches W6 Diesel Variant with AMT at Rs 9.99 lakh
• Did Lime Just Herald The Micromobility Tipping Point? Forbes
• Petrol, diesel prices surge for 7th straight day
• How To Earn More Money Doing What You Love Forbes
• Agility Requires Fragility: Why We Must Embrace Science And Humanity In The Future Of Work Forbes
Policy
• Get fresh CNG stickers for odd-even exemption
Industry
• Foundation laid for putting GDP on 8%-plus growth trajectory: Rajiv Kumar
• India Inc puts capex plans on hold, weighs setting up separate entities
• Corporate tax cut: India sends up the monetary helicopters but will the gamble work?
• PM Modi pledges to more than double India's non-fossil fuel target to 400 GW
• Kalaburagi: 'No Helmet, No Petrol' idea to be implemented from September 29
• GM strike enters 2nd week with no clear end in sight
• Baidu snags autonomous cars licenses, bringing China closer to driverless future
• Economic slowdown due to structural changes: Amit Mitra
• Corporate tax rate rationalisation is positive for auto industry, says ICRA
• Govt working on measures to make steel sector 'globally competitive'
• Odisha: Rural areas to get mobile pollution testing units
• SBI to adopt RBI's repo rate as external benchmark
• Government expects Rs 40,000 crore GST shortfall
• SBI to roll out co-lending model with 4-5 NBFCs
• RBI likely to temper rate cuts
• HDFC Bank to hold 1000 loan melas
Passenger Vehicle
• Nissan, Carlos Ghosn settle SEC claims over undisclosed compensation
• Skoda Auto launches Kodiaq Corporate Edition at Rs 32.99 lakh
Commercial Vehicle
• Scania to go carbon neutral by 2025
• Isuzu announces festive offers of up to Rs 2,00,000
• Delhi: Ticketless travel in DTC buses may cost you Rs 1,500
Two Wheelers
• KTM launches the 790 Duke at Rs 8.64 lakh
Aftermarket
• Hyundai Motor Group, Aptiv to set up $4 billion self-driving car JV
Auto Components
• We are okay with free trade as long as it is on fair terms: TV Narendran, Tata Steel
• India to be net exporter of steel for years: Dharmendra Pradhan
• India's steel industry wants 25% duty placed on imports: JSW Steel executive
• JSW Steel plans $500 million bond offering to global investors
Auto Technology
• StradVision partners with European OEM for ADAS
• Nimble tech firms must adapt as promised self-driving revolution hits speed bumps
Oil & Lubes
• Petrol price spikes to Rs 73.91 in Delhi
• Oil gains on Saudi supply disruption, Mideast tensions
 
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