Morning Daily - 2019-09-30

ETAuto Newsletter | Monday, September 30, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Millennials using ride-hailing service would mean more demand for cars: JLR
• Finding life in retired EV batteries
• Visteon CFO Christian Garcia resigns
• Corporate tax rate cuts: New contract manufacturing units eligible for 15 per cent tax benefit
• No layoffs due to slowdown, says Toyota Kirloskar HBL
• Reduce oil imports to achieve $5 tln GDP goal: Gadkari
• A dangerous blind spot: Why automakers demand forecast systems failed to predict a steep descent. ET Prime
• Govt to set up working group on proposed new industrial policy
• RBI may cut repo rate by 25bps despite fiscal risk
• Elon Musk outlines plans for vehicle he expects to take humans to Mars Business-standard.com
• Wasting water washing car? IMC can soon slap penalty of up to Rs 25,000
• Peugeot CEO Tavares Raises The Brexit Temperature With Fierce Rhetoric Forbes
• Occupy Detroit: A Look at 90 Years of Auto Strikes Nytimes.com
• Tesla CEO Musk violated national labour laws: Judge
• I wouldnt say the worst is over for China: Ralf Speth, JLR
• Remove curtains from government vehicles, says MVD
• Uber takes the Ola route: To introduce PIN-based ride verification HT MINT
• How To Thrive In A Job You Don??t Love: 7 Strategies Forbes
• Want People To Read Your Emails? Steal This Storytelling Technique. Forbes
Policy
• Cancellation fine in new app cab rule in MP
• NGT cracks whip on illegal e-rickshaws in Govardhan, passes slew of directions
• MV Act 2019: Contractors to face upto Rs 1 lakh fine for constructing poor roads
Industry
• Parking on highways? Your car may be auctioned off
• Reserve Bank of India may go for another rate cut on Oct 4: Experts
• Vehicle scrappage policy may bring in stricter fitness norms for pre-2005 built vehicles
• Uttar Pradesh: Application, renewal of driving licence easier with new rules
• NHAI extends deadline for bids for 3rd tranche of highways under TOT: Chairman
• Foreign investors pour in Rs 7,714 crore into capital markets in September
• Uttar Pradesh: Training centres to help drivers learn safe driving skills
• Ease of doing business: India among 20 most improved countries
• Issue special bonds to roll out EVs: APSRTC
• Hyderabad adds two-wheeler disaster response teams for emergencies
• More MSMEs must get listed to fund growth, says Nitin Gadkari
• Give priority to quality and maintenance of roads: CM Nitish Kumar
• "They don't need us anymore": auto workers fear electric unrest
• Boris Johnson goes green with cash for electric cars and fusion
• Mistrust between govt & businesses growing: Piramal
• Academia to present innovative solutions to help MSMEs thrive
• U.S. environmental groups sue over Trump auto emissions move
• Only comprehensive insurance to cover submerged & damaged vehicles
• Follow Centres directive on vehicle documents: Patna HC
• Delhi: RFID violators may not be issued PUC
• Thailand, India sign trade agreements for Rs 2,400 crore
• Fiat Chrysler to pay $40 mn fine for misleading sales figures
• General Motors strike approaches third week
Passenger Vehicle
• Amid slowdown Lamborghini India delivers 50 SUVs in 1 year
• MG Motor UK delivers the first ZS EV
• BMW to keep staffing level stable, CEO says
• Honda sets monthly auto production record in China
Commercial Vehicle
• Jaipur: Restriction on entry of heavily loaded vehicles to check mishaps
• No headway in phasing out two-stroke autos in Bengaluru
• Issue spl bonds to roll out EVs: Andhra Pradesh
• Delhi government to study impact of free bus ride
Two Wheelers
• Evoke Motorcycles enters 3 new markets
• Plan revived, you may soon rent bike in Delhi
Aftermarket
• Electric autos proposed for Mumbai streets to be blue and white
• Motorbike ride-sharing a panacea for Dhaka traffic chaos
• Uber adds new safety features to its app
• Uber to merge food-delivery, rides into single app
Auto Components
• South Korea's POSCO continues exploring JV possibility with RINL
• Hyundai partners with Cummins for electric and fuel cell powertrain commercialization
Auto Technology
• Virgin Hyperloop One claims to offer most energy-efficient system for mass transportation
• Toyota strengthens Japan partnerships with bigger Subaru stake
Auto Finance
• Not fine, but uninsured vehicles to get on-the-spot insurance in Surat
Oil & Lubes
• Saudi Arabia to invest USD 100 billion in India
• Govt plan to privatise BPCL needs Parliament nod
• Venezuela's biggest refinery complex still halted a week after blackout
• Oil shorts soar as market shakes off Saudi Arabian disruption
• Indore municipal corporations radio tags leave no room for fuel mischief
 
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