Morning Daily - 2019-10-12

ETAuto Newsletter | Saturday, October 12, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
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Top Stories
• In slowdown country, all roads dont lead to Auto Expo
• No production in last six months, is it an end of the road for Hero Karizma?
• PV logs worst ever H1 sales, motorcycle sales dive steepest in last two decades
• Yamaha India director sales & marketing elevated as MD of Vietnam operations
• ETAutoCast: What's behind the auto sector's M&A push?
• EESL, BSNL in 10-year pact for e-charging stations in Punjab
• Seven-year hitch: IIP contracts 1.1% in August
• For Merc, the human touch is as critical as the digital play HBL
• MG Motor to ramp up capacity by 50%
• Utility vehicle sales buck slowdown trend due to high discounts, launches Business-standard.com
• These are the 20 richest people in the automotive industry
• Auto industry slowdown cyclical phenomenon, festive season to boost sales: Maxxis Tyres India
• Hyundai, Kia earmark $760 mln to settle U.S. lawsuits over engine fires
• New birthplace for Jaguar Land Rovers electric babies HBL
• Nearly 48% of drivers are willing to give up car ownership for autonomous mobility, reveals report
• Geely's September sales show a silver lining to some Nikkei Asian Review
• Can S-Presso bring back the Cuppa Joy to Maruti? HBL
• Demystifying Artificial Intelligence in the Corporation Forbes
• The Surprising Reason Women Are Leaving Their Jobs, a New Survey Forbes
• Privatising airports has brought gains. Heres what needs to be done to make them high-yield assets. ET Prime
Industry
• Slowdown in 3 sectors, dip in imports hit GST collection
• Renault Bollor exit makes Fiat deal slightly easier
• Delhi: Odd-even relief may be diluted for 2-wheelers, private CNG cars
• Former GM executive Jaime Ardila joins Ola Electric
• Itochu boosts stake in Chinese electric vehicle startup Singulato: Sources
• RCEP should not lead to job losses, hurt Make in India: SIAM
• SEAT to test biofuel in its vehicles
• GST Input tax credit without invoice capped at 20% to plug revenue leakage
• Audi global delivery up 4.5% to 145,400 units in September 2019
• GM CEO Barra takes role in talks to end UAW strike
• India pursues China-led trade deal despite domestic opposition
• Day 1 of US-China trade talks ends with hopes for limited deal
Passenger Vehicle
• Ford's China sales decline again despite new models
• GM appeals directly to employees as strike losses pile up
• Boeing partners with Porsche on electric flying car
• Bentley receives CO2 neutrality certification for Crewe plant
• Rising old used car prices help push poor Americans over the edge
• BMW Group global sales up 4.6% to 248,684 units in September 2019
• GM urges UAW to agree to 'around-the-clock' bargaining
• Toyota unveils revamped hydrogen sedan to take on Tesla
Commercial Vehicle
• Paytm signs pact with UPSRTC for bus ticket booking
• Schaltbau Group to supply charging infrastructure for Kiels e-bus fleet from mid-2020
Two Wheelers
• Honda 2Wheelers offering complimentary Honda Joy Club membership to new customers
Aftermarket
• Google Maps announces new update to assist the visually-impaired, will now offer detailed voice guidance
Auto Components
• JSW Steel crude steel production down by 8 pc in Q2 FY20
Tyres
• Michelin to close tyre factory in France
Auto Technology
• Rising cyber security threats in manufacturing
Auto Finance
• HMSI joins hands with Tata Capital Financial Services
Oil & Lubes
• Oil rises after reports of Iranian tanker attack
• Asia crude oil refiners pay the price for U.S. sanctions on China ships: Russell
• Petrol, diesel prices continue downward trend
• Oil extends gains on prospect of deeper OPEC output cuts, trade talks hopes
 
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