Morning Daily - 2019-10-10

ETAuto Newsletter | Thursday, October 10, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• UM Lohia Two Wheelers JV stops operations, leaves all dealers floundering
• Will this engineer manage to fix Nissan?
• Tata should make a U-turn on Jaguar Land Rover
• Leaders fall the most in auto incs worst dip in 2 decades
• Apollo challenges mandatory licence, BIS mark for making tyres; HC seeks Centre reply
• Goa cuts road tax on new vehicle purchase for Oct-Dec period
• Privatising airports has brought gains. Heres what needs to be done to make them high-yield assets. ET Prime
• Auto industry stuck in reverse Fortune India
• Mercedes-Benz India sales down 16.89% to 9,915 units in first nine months of 2019
• JBM Auto bags 300 buses orders from multiple organisations
• Auto sector divided on demand for BS-IV commercial vehicles in FY20 HT MINT
• Greenfuel expects revenue to stay flat in FY2020 HT MINT
• From phones to Tesla cars, lithium-ion batteries come of age HT MINT
• Opinion | Its high time we got a better trade deal for our farmers HT Mint
• Can online car sales help beat the auto sector slowdown? Forbes India
• Automotive sector becomes the new sweet spot for IT services firms Business-standard.com
• Mumbai region: 50% dip in vehicle registrations on Dussehra
• 7 Skills You Will Need To Survive And Thrive In This Frighteningly Fast-Changing World Forbes
• Things Every Boss Should Do To Avoid Being A Nightmare To Work For Forbes
Policy
• EPCA asks Delhi govt to step up vigil as air quality deteriorates
Industry
• Fintech start-up Shubh Loans gets NBFC licence from RBI
• Hopes are dim as US and China resume high-stakes trade talks
• Three scientists receive Chemistry Nobel for developing li-ion battery
• Surat: Rs 500cr loan disbursal raises MSMEs hopes
• Effects of global slowdown more pronounced in India: IMF
• MG Motor India rolls out initiative to support women resuming work after career break
• Ford Fund invests $1.75 million to launch Ford Resource and Engagement Center in Bangkok
• GM strike impacts 150,000 auto industry workers -Consulting firm
Passenger Vehicle
• M&M launches special edition of utility vehicle Bolero
• BMW plans to debut electric version of 1 Series hatchback in 2021: Report
• VW increases stockpiles of cars in Britain ahead of Brexit
• Porsche AG global sales up 3% in first 9 months of 2019
• Tata Motors launches Tigor EV with extended range for personal buyers at Rs 9.44 lakh
• Maruti Suzuki Ciaz sold over 2.7 lakh units in 5 years
• To check thefts, GPS trackers may be mandatory for new cars in Ghaziabad
• Analysts say 23-day UAW strike cost GM 165,000 vehicles
Commercial Vehicle
• As UN climate talks near, host Chile charges up electric transport
• UPS hits the gas on greener delivery truck fleet
Two Wheelers
• Motoroyale unveils 3 bikes under MV Agusta Dragster Series, starting at Rs 18.73 lakh
Aftermarket
• CleanseCar raises $2 million in pre-Series A round, expands operations across India
• Auto1, private equity firms to bid for Scout 24's cars unit
Auto Components
• From phones to Tesla cars, lithium-ion batteries come of age
• Minda to fund Delvis buy via internal accruals and debt: Sunil Bohra
• Steel firms may post 25-50% fall in operating profit in Q2
Tyres
• Chinese rubber trading firm suspends operations - Company official
Auto Technology
• Volvo XC40 EV gets Android-powered infotainment system
Oil & Lubes
• Oil rises on signs of warming US-China tensions, military action in Syria
• Oil trading houses see lower oil prices in 2020
• Indias first plastic to diesel conversion plant in Mathura to be operational from October 11
• Crude prices to remain in $58-62 range in near future: MK Surana, HPCL
• BPCL privatisation: Past challenges push govt to get fresh legal opinion
• China grants rare crude import licenses to Glencore's JV, local firm
 
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