Morning Daily - 2019-10-02

ETAuto Newsletter | Wednesday, October 2, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• M&M forms JV with Ford; announces 51% stake in new entity
• Complete Auto Sales Analysis Sept 2019: Domestic market continues to decline, sector hopeful for revival
• ETAutoTV: Ride Sharing vs Owning a Car- What millennials say
• How China can impact India's electric vehicle dream
• Corporate tax cut to help top 1000 firms to save Rs 65,000 crore
• Mercedes-Benz India launches e-Commerce platform and connected car application
• A dangerous blind spot: Why automakers demand forecast systems failed to predict a steep descent. ET Prime
• Renault launches new Kwid hatchback, price starts at Rs 2.83 lakh
• Tork Motors launches its first EV fast-charging station
• Government goes slow on procurement of electric vehicles, limits sourcing Https://www.livemint.com
• Auto slowdown not to impact our India growth: Dassault Systemes
• VECV to make light electric trucks with inhouse tech
• Auto crisis: Business condition is becoming 'critical', says Toyota Business-standard.com
• Ola enters two more UK cities as battle with archrival Uber deepens Business-standard.com
• Sundaram Clayton declares Oct 1 no production day
• ZF issues bonded loans of 2.1 billion Euros
• Once home to 'Japanese car killer,' South Korea's auto sector in decline Nikkei Asian Review
• AI Augmentation: The Real Future of Artificial Intelligence Forbes
• 3 Things You Need To Know About An October Job Search Forbes
Monthly Sales Report Card
• Maruti Suzuki passenger car sales down 31.5% in Sept
• Hyundai Motor India total sales dip 8% in September
• Hero MotoCorp sales down 20.40% at 612,204 units in September
• Tata Motors September domestic sales dip 50%
• Bajaj Auto domestic sales dip 31% in September
• TVS Motor domestic sales down 25% in September
• M&M domestic sales drop 21% at 40,692 units in September
• Ashok Leyland domestic sales decline 57% in September
• Honda Cars India domestic sales down 37.24% in September
• Toyota domestic sales slip 18% at 10,203 units in Sept
• Volkswagen India sales up 4% at 2,550 units in September 2019
• Suzuki Motorcycle India sales up 2.11 per cent in September at 73,658 units
• M&M domestic tractor sales turn positive for first time in FY'20
• Escorts tractor sales up 2.2% at 10,855 units in September
Industry
• NHAI to invite bids for 400 km of roads
• How many vehicles can Delhi take, NGT asks Centre again
• High security plates for vehicles from October 5 in Panaji
• GM lays off 6,000 workers in Mexico due to parts shortage
• GST Sept revenue drops to Rs 91.9 crore, adds to slowdown worry
• Highways ministry to utilise waste plastic for road construction
• UP to disburse loans of Rs 10,000 crore under MSME and ODOP schemes
• VW rejects judge's call to settle German class action on emissions
Passenger Vehicle
• Strike hits Fiat Chrysler plant in Italy after death of worker
• Tesla revenue seen stalling out as Musk aims for delivery record
• Opel slashes hours amid German carmaker gloom
• Tesla turns super-efficient, plans to create cars that run on lithium-ion batteries
Commercial Vehicle
• Kolkata: Double-decker buses to make a comeback this December
• Delhi's IGL will lead Indian trucking into gas age
Two Wheelers
• Indian motorcycles taps into 100-year roots with Japan relaunch
Aftermarket
• Malaysian watchdog steps up probe into Singapores Grab
• Ola expands services in 2 new UK cities
• West Bengal offers big boost to e-cabs
Auto Components
• Continentals lightweight air springs to be introduced in EvoBus
• EV makers aim to increase energy density of lithium-ion batteries
Auto Technology
• Tuk-tuk in Thailand to get a makeover, government plans to transform commute with autonomous vehicles
Automotive
• UP girls take to tractors, enrollment in mechanic course sees big jump
Oil & Lubes
• Current auto slowdown temporary; no production cut down: Shell Lubricants
• Castrol India appoints Rakesh Makhija as independent non-executive director
• OIL appoints Sushil Chandra as MD & CEO
 
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