Morning Daily - 2019-09-27

ETAuto Newsletter | Friday, September 27, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Kia Motors hits the bullseye, but how will it sustain?
• No liquidity issue with banks, CV demand to pick up in couple of quarters: FM
• Class VIII no more a must requirement to drive trucks
• Minda Corp CFO Sanjay Aneja resigns; Laxman Ramnarayan takes the charge
• Greaves Cotton bets big on Ampere Vehicles; to launch two new e-scooters this year
• Brexit: JLR to suspend all UK production for a week over no deal concerns
• A dangerous blind spot: Why automakers demand forecast systems failed to predict a steep descent. ET Prime
• After Husqvarna, KTM adds Spanish brand GasGas to its kitty
• Construction equipment sector's outlook revised to negative: ICRA
• JLR plans to introduce half a dozen electrified vehicles in India as part of vision Destination Zero
• Rivigo becomes eighth unicorn startup of 2019, valued at $1.05 billion HT MINT
• BMW India appoints Deutsche Motoren as its dealer in Bengaluru
• Skoda Auto India revamps dealership network with new corporate identity
• Steel sector growth to slow down to 4% this year: Crisil HT MINT
• Opinion | Rural Indias bane: from policy paralysis to policy vacuum HT Mint
• MG Motor re-opens booking of Hector from 29th September
• Automobile companies depending on discount offers to boost sales this festive season as no respite from GST Council HBL
• Toyota to raise Subaru stake to deepen tech cooperation Nikkei Asian Review
• General Motors Embraces Alexa Forbes
• Motorcycle airbag with ejection seat concept Startup Selfie
• Implementation of Motor Vehicle Act 2019 will reduce fatalities: experts
• Hyderabad-based transport company WhistleDrive raises ?72 cr in series-B round HT MINT
• How To Manage Generation-Z Employees Forbes
• How Many Of Your Employees Are Happy But Not Giving Their Best Effort? Forbes
Policy
• Indian Youth Congress take to the streets to protest MV act amendments
• Parking outside your house or office to come at a price in Ahmedabad
• Motor Vehicles Act: Patna Auto drivers charge higher fares
Industry
• Corporate tax cut: Issue of carrying forward losses vexes companies in red
• PUC to have cars photo, readings to be posted online
• RBI group suggests longer term repo for liquidity management
• President Ram Nath Kovind unveils green tech fuel system which can replace air polluting DG sets
• Economy to start looking up in days ahead: FM after meeting pvt sector lenders
• Nickel prices likely to hit Rs 1,350 level
• China battery giant shrugs off headwinds with $1.4 billion plan
• Japan's Abe: Trump agreed not to impose new car tariffs on Japan
• Lucknow: New and modern centre for vehicle fitness checking to start from September 30
• VW expects to raise productivity to more than 6% in 2019
• Supreme Court issues directions to state governments on road safety measures
• Indian economy to start recovering from late FY20: Report
• Turkish automakers' stocks rise after banks lower car loan rates
• Corporate tax cut will reignite private investments: Baba Kalyani
• Bihar government urged to ban 15-year-old diesel vehicles in three cities
• Japan govt welcomes US trade pact, automakers urge more help
• Reduced prices, festive offers to boost auto sales
• Japan auto group says US trade discussions going in direction of avoiding auto tariffs
Passenger Vehicle
• Toyota to develop hydrogen fuel cars with Chinese partners FAW, GAC
• VW gambles on ride-hailing to break through African roadblocks
• VW in final talks about new plant in Turkey -Board member
• Volkswagen CEO, chairman will stay in office despite charges-Supervisory board
• Nio raising more cash amid cost-cutting campaign
• Ford self-driving cars to launch in Austin in 2021
• UK car output rises for the first time in 15 months
Commercial Vehicle
• Tamil Nadu transport corporations get 370 new buses
• Bhopal goes green: 100 e-buses to ply on city roads in next 6 months
Two Wheelers
• Honda to showcase Super Cub-based CT125 at Tokyo Motor Show
Aftermarket
• Revamped Uber app adds transit options, passenger safety features
• Nio aims to control cash burn with smaller showrooms, leaner staff
Auto Components
• Thyssenkrupp faces more turmoil as CEO Kerkhoff set to leave
• Rheinmetall, Voith vie for Volkswagen's transmissions maker Renk
Auto Technology
• Ansys signs CSR agreement with Lila Poonawalla Foundation to promote engineering education
• Losing control is the biggest fear for autonomous car users, reveals study
• General Motors to introduce Amazon Alexa
Oil & Lubes
• Oil prices fall as supply risk premium fades, demand outlook drags
• India's stuttering economy hits global oil demand: Kemp
• India scrambles for LPG to meet demand as Saudis defer flow
 
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