Morning Daily - 2019-09-25

ETAuto Newsletter | Wednesday, September 25, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Tax cuts may bring little cheer to auto Inc, none at dealerships
• SC allows fresh resolution for Amtek
• Won't allow driverless cars in India: Gadkari
• Demand for vehicle loan shrinks
• Demand for motor cover spikes on penalty fears
• Hyundai India rev up passenger vehicle exports
• A dangerous blind spot: Why automakers demand forecast systems failed to predict a steep descent. ET Prime
• Honda has no plans to cease diesel car production in India, says company
• Explainer: Why Asia's biggest economies are backing hydrogen fuel cell cars
• Passenger vehicle downward cycle bottoming out: Maruti Chairman
• Opinion | Aim for a lower cost of capital to gain from global trade shifts HT Mint
• 'China's Detroit' struggles to keep its auto industry afloat Nikkei Asian Review
• Labour Ministry notifies 8.65% interest rate on EPF for 2018-19
• JLR Engineers design 3D-printed glove to prevent musculoskeletal disorders
• More cars sold in UP than in Maharashtra this year
• Hero Electric plans to set up new unit
• Blu Smart gets $3 million investment from Deepika Padukone
• Why This EV Startup Won??t Let You Buy Its Vehicle Forbes
• Volkswagen bosses charged in Germany over diesel scandal
• Know Your Audience: 15 Strategies For Creating Your Ideal Client Profile Forbes
• To Be Successful, Find A Need And Fill It Forbes
Policy
• Motor Vehicles (Amendment) Act notified in Assam
Industry
• Handle startup cases with 'utmost care': CBDT to officials
• Tianqi Lithium in supply deal with Sweden's Northvolt
• California ex-governor launches climate partnership with China
• U.S.-Japan trade deal hits snag as Tokyo seeks assurances on car tariffs
• Trade unions protest against provident fund act amendment
• Government reviewing 59-minute loan scheme to make it more effective: Gadkari
• E-register to end duplicate licence menace: Gadkari
• Corporate tax cut makes India attractive destination for investment: RBI Governor Shaktikanta Das
• View: India should now move to standardised, stable and easily understood rates of taxation
• UK Labour party pledge billions to support electric vehicle industry
• A $20 billion tax cut may undermine rate reductions in India
Passenger Vehicle
• Hyundai India beefs up export plans; meets 60 international partners from 29 countries
• Tesla rival Nio tumbles after deliveries disappoint
• German prosecutors indict top VW bosses over emissions scandal
• Nissan recalls 1.3 mn vehicles to fix backup camera display
• Exports, a ray of hope as car companies use up spare capacity for global sales
• Daimler fined $1 billion over diesel car certification
• Honda to cease diesel vehicle sales in Europe by 2021
Commercial Vehicle
• Gurugram: Shared autos pollute, but government says they are key to mobility
• San Francisco's cable cars running again after rehab work
• Piaggio urges Telangana govt for fresh electric auto/BS6 permits in Hyderabad
• Pune: Overload indicators for e-buses on cards
• DTC board gives nod to free ride for women
Two Wheelers
• BMW Motorrad launches R1250R at Rs 15.95 lakh
• KTM plans 4-5 new launches over 12 months; rolls out Duke 790
Aftermarket
• Ola lands Rs 35.9 crore in fresh funding
Auto Components
• Volkswagen Group starts battery cell development and production in Salzgitter
• Miners push for U.S. Congress to vote on electric vehicle supply chain bills
• Can an EV battery last for one million miles? Research says possible
Oil & Lubes
• India's August crude imports highest in 4-months, fuel imports peak
• Castrol India enrols over 1.5 lakh mechanics and retailers
 
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