Morning Daily - 2019-10-17

ETAuto Newsletter | Thursday, October 17, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Bajaj Chetak is back, but in electric
• Rajiv Bajaj takes a dig at EV startups; how should we take it?
• Exide Industries forays into manufacturing of e-rickshaws
• Demand downturn for luxury cars coming to an end: Mercedes
• Decarbonization efforts likely to keep global vehicle demand muted in mid-term: IMF
• Tata Motors ranks second in JD Power 2019 India Customer Service Index
• PMAY or economic slowdown? Heres what throttled Indias auto sector. ET Prime
• Auto sector to see a dog-eat-dog fight for market share: Ajay Srivastava
• MG Motor India partners with eChargeBays for EV charging infrastructure
• Mercedes-Benz India launches G-350 d at Rs 1.5 cr (ex-showroom)
• Kia to launch Carnival MPV at Auto Expo 2020
• The Death of Cars Was Greatly Exaggerated Www-wired-com.cdn.ampproject.org
• Exide to start assembling lithium-ion batteries from Dec
• Uber to deactivate surge pricing during odd-even scheme in Delhi HT MINT
• Opinion | We need a people-centric approach to economic policy HT Mint
• Survey Says Consumers Remain Skeptical Of Both Electric And Self-Driving Cars Forbes
• How Google Is Stealing The Show On Volvo's New EV Forbes
• What happens when a city bans cars from its streets? Bbc.com
• Tata says he is an accidental startup investor
• This Is One Decision That Can Absolutely Ruin Your Career Success Forbes
• Your Change Management Efforts Will Fail If You Don't Answer This One Question Forbes
Policy
• Another petition against BMC parking policy
• U.S. senators target auto tech mandate to block drunk driving
• Odd-even scheme: IRF pitches for exemption of private CNG vehicles
Industry
• Wrong-side offenders are mostly bikers, autos: Data
• Even a 5.8% GDP growth in FY20 looks a little shaky right now: Upasna Bhardwaj, Kotak Mahindra Bank
• Now MSMEs get prior approval relief under central law
• GM, UAW reach tentative deal to end month-long strike
• Enough is enough, end RTC strike: HC to state, workers
• Slowing Indian bank lending overshadows economic rebound hopes
• Slowdown in bank credit indicates a build-up of risk aversion in the system: SBI Report
• US auto sales slumps 0.9 per cent in September
• India expected to be electric two and three-wheeler manufacturing hub in 6 years: Amitabh Kant
• Romania initiates new talks with Volkswagen over car plant: Report
• Mahindra Ecole Centrale sets up specialized Automotive Systems and IC Engines Laboratory
• Tesla to start Powerwall home battery installations in Japan
• Mercedes-Benz EQ Formula E team appoints Gary Paffett as sporting and technical advisor
• Experience, not nationality, key for new CEO at France's Renault: Minister
• RBI reviews liquidity issues of non-bank lenders, bad loans
• Tata chairman awaiting Brexit deal says tariffs are new normal
Passenger Vehicle
• Volvo Cars aims to be climate neutral by 2040
• Skoda Auto global delivery down 2.7% to 913,700 units in the first nine months of 2019
• New Delhi: No relief for private CNG cars may hit push for clean fuel
• European passenger car registrations rose 14.4% in September: ACEA
• Supreme Court panel wants government to ensure 2 airbags per car
Commercial Vehicle
• BMTC officials step into commuters shoes
• DICV commences production of BSVI powertrains at Chennai plant
• Daimler begins BS-VI engine production from Chennai plant
• Lohia Auto offers discounts up to Rs 40,000 for e-rickshaws
Two Wheelers
• TVS Motor Q2 profit may drop 27-36% YoY on slowdown in auto sector
• Ampere electric vehicles to be sold through Amazon
• Lectro launches Townmaster electric bicycle, priced at Rs 30,999
• Electric bike-sharing startup Wheels raises $50 mln in latest funding round
Aftermarket
• Cars24 has $100m in the Boot after Series-D Round
• Jaguar launches all-electric race eTaxi service at Nurburgring with I-Pace
• Potential in road logistics attracting startups: Report
Auto Components
• Wabco partners with Tamware to develop integrated door systems for Indian CV industry
• Russia's Rosatom may buy controlling stake in Chile lithium project
Oil & Lubes
• Oil steadies below $59, weaker economic outlook weighs
• Drivers wait six days to buy fuel in Venezuela border region
• Trump administration proposes plan to raise U.S. biofuels use -EPA
• India's September fuel demand slips to its lowest in over 2 years
• India urges against more output cuts; Opec wont let slump recur
 
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