Morning Daily - 2019-10-05

ETAuto Newsletter | Saturday, October 5, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• MG Hector beats Tata Harrier, Mahindra XUV500 and Jeep Compass in Q2FY20
• Ashok Leyland to halt production at various plants for up to 15 days in October
• Bosch to suspend production for up to 10 days across engine plants this quarter
• Tata Motors bags 300 electric bus order from Ahmedabad Janmarg
• ETAutoCast: After fifth RBI rate cut will Auto Inc swing from slump to glut?
• Government amends norms to let EV charging stations choose technology
• By seeking arbitration in IndiGo discord, Bhatia takes the fight to Gangwal ET Prime
• Traton Group to invest 1 billion Euros for R&D in next five years
• Maruti Suzuki sold over 2 lakh BS VI vehicles in 6 months
• Slideshow: All you need to know about Tamil Nadu EV Policy
• Auto slump likely to hit Amtek Auto resolution
• Power ministry issues revised norms for EV charging infra to boost e-mobility
• RBI slashes repo rate by 25 bps to 5.15%, maintains accommodative stance
• Bounce may raise $100M funding led by Accel & B Capital
• Datsun Goes the CVT way HBL
• Maserati announces electrification plans HBL
• Japanese autos lose market share to Europeans in South Korea Nikkei Asian Review
• ChargePoint partners with SFMTA on charging infrastructure for electric buses
• U.S./China Tariff War Will Lose Auto Industry Sales Worth $770 Billion: Report Forbes
• How To Future-Proof Your Career In A Fast-Changing, Unforgiving Global Job Market Forbes
• Defying Skeptics, The September Jobs Report Shows Record-Breaking Strength In Employment Forbes
Industry
• Denmark calls for EU strategy to phase out diesel and petrol cars from 2030
• Not sure how far rate cuts are going to help stimulate demand : SK Ghosh, SBI
• SmartE inaugurates two new charging hubs in Delhi NCR
• We expect demand to pick up and second half should be good: Ramesh Iyer, M&M Financial
• UAW sees 'good progress' on key issues to try to resolve GM strike
• 50 automobile workshops get notice over parking in Ghaziabad
• Government amends electric vehicle charging guidelines
• There's a Disconnect in the Latest Auto Sales Figures
• Consumers Got Millions in Questionable Electric-Car Tax Credits
• Vednata's plant closure contributed to 66% of global copper deficit
• P2P lenders knock on Finance Ministers door for easier credit rules
• Force Motors sold 1,725 vehicles in domestic market in September 2019
• India Inc welcomes RBI move; says rate cut will spur growth
• Guj govt exempts MSMEs from approvals for first three years
• RBI increases lending limit of MFIs to Rs 1.25 lakh
• Behind the GM strike: Declining productivity at U.S. operations
• Delayed decisions 'totally unacceptable', fast-track road construction: Gadkari to NHAI officials
• Karnataka Bhavan in Delhi to get electric vehicles
Passenger Vehicle
• Tata Motors launches limited edition Tiago WIZZ at Rs 5.4 lakh
• Russia's September car sales fall 0.2% y/y
• UK new car sales rise only 1.3% in September
• Erdogans party shifts to Passat cars in boost for Volkswagen
Commercial Vehicle
• Nashik: 22 IT firms keen on operating ITMS for city bus service
• Interstate buses can't ply on tourist permits, Kerala HC rules
Two Wheelers
• Electric scooter startup Bird raises $275 mln in latest funding round
• Benelli launches Leoncino 250 at Rs. 2.5 Lakh
• TVS Motor launches bluetooth-enabled Apache RTR 200 4V with SmartXonnect technology
Aftermarket
• Vandalising of rental bikes to be a criminal offence in Bangalore
• Ola, Uber mint money as autos go off road in Ahmedabad
• PMO holds meeting of secretaries on draft national logistics policy
Auto Components
• Valeo partners with Dana for hybrid and electric vehicles
Auto Technology
• Tesla automated parking problems seen liability of app 'driver' for now
• Zoox to expand its autonomous vehicle service to Las Vegas
Automotive
• Maharashtra onion farmers buy 250 tractors in a single day
Oil & Lubes
• Chevron aims to cut intensity of greenhouse gas emissions from production
• Festive respite: Petrol, diesel prices dip for 2nd day
 
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