Morning Daily - 2019-10-03

ETAuto Newsletter | Thursday, October 3, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• Vehicle scrapping draft norms to be out this month
• How auto firms can thrive in the global economy HT MInt
• Festive season discounts push retail auto sales to 10 months high in September
• Mercedes-Benz India aims to sell 25% cars via e-commerce platform by 2025
• Toyota Kirloskar Motor to eliminate plastic usage from manufacturing process
• India has potential to become one of the largest electric vehicles markets: Report
• Nissan hikes price of Datsun GO and GO+ by up to 5 per cent
• India to mandate at least 20% ethanol blend in petrol, says Rashmi Urdhwareshe
• Bosch to use mini explosions to make EVs safer
• MG Motor to go slow on capacity expansion despite strong demand Https://www.livemint.com
• IGL slashes CNG price by Rs 2/Kg on cheaper domestic gas
• Piaggio receives BS-VI certification for three-wheeler CNG engine
• GM's hit from strike estimated at $1 bn: report
• Mahindra-Ford JV: Too early to rejoice given poor M&A record HT MInt
• Automating road safety Business-standard.com
• No-deal Brexit could prompt Nissan factory rethink: Report
• Hyundai partners with Cummins for hydrogen fuel cell technology
• Novelis gets European Commission nod for Aleris acquisition
• GM's third-quarter auto sales rise as waning demand for Ford trucks causes its sales to slip CNBC
• Banks to hold loan fairs across 250 districts from Thursday
• Hyundai Mobis develops braking system for autonomous vehicles
• 5 Ways To Bounce Back And Win After Getting Fired Forbes
• A dangerous blind spot: Why automakers demand forecast systems failed to predict a steep descent. ET Prime
Industry
• No MAT credit, additional depreciation if you chose new lower tax rates
• Corporate tax cuts alone will not stimulate private capex: Ind-Ra
• 10,000 fume-emitting vehicles fined in Visakhapatnam in last two years
• Corporate tax cut is a signal to structural reforms: CEA
• View: RBI policy, US-China trade talks to guide rupee in October
• Canada auto sales fall back in red in September
• Govt mulls starting e-rickshaws, enhance e-bus fleet in Jammu
• Tesla's China production to start, eyes on mass production timing: Sources
• India, US will fix their trade disputes: Jaishankar
• Delhi HC directs authorities to remove abandoned vehicles from roads, public spaces
• RBI may opt for 25 bps cut to boost growth: Experts
• Pioneer forms new company for autonomous driving
• Bank lending to NBFCs jumps 40% as MFs cut back exposure
• US manufacturing activity sank to lowest level since 2009
Passenger Vehicle
• GM reports higher 3Q sales, lower inventories amid UAW strike
• Hyundai, Kia sue 4 big US railroads over fuel surcharges
• Nissan develops robots to make replacement parts for cars
• Despite decline, Tesla's Model 3 clings to top spot in Norway
• Toyota US sales down 16.5% in September
• German new car registrations up 20% y/y in September -source
Commercial Vehicle
• Ford, Fiat Chrysler report higher quarterly U.S. pick-up truck sales
• Lack of app to book tickets makes govt bus trips tough
• Bhopal: Truckers to go on indefinite strike from Oct 5 as talks with CM fail
Two Wheelers
• E-scooters for health inspectors soon in Bhopal
Aftermarket
• TVS Motor announces road side assistance program
Auto Components
• ZF Supervisory Board appoints Martin Fischer to Board of Management
• Continental's powertrain division becomes Vitesco Technologies
• Bleak factory data sends copper prices lower
Tyres
• ABB to provide smart chargers for autonomous vehicles in Singapore
Auto Technology
• Want To Become An AI-First Company? Hire These People Forbes
Automotive
• Deere to lay off 163 U.S. workers as trade war dents equipment demand
Oil & Lubes
• Oil market ignoring geopolitical risks; trade talks next big trigger
• No change in petrol, diesel prices
• Oil prices recover on lower output from US, Russia, Opec
 
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