Morning Daily - 2019-10-18

ETAuto Newsletter | Friday, October 18, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Tatas rule out sale of Jaguar Land Rover, will look for partners
• E-Chetak is very 'Vespa': Tata Motors Chief Designer
• TVS Motor Q2 PAT rises 21% at Rs 255 crore on exceptional gains
• Two years later, Amtek Auto readies for its second resolution process Business-standard.com
• India offers unprecedented opportunities: Tata Motors chief Guenter Butschek
• M&M opens 100 SCV dealerships in six months
• INR5,000 a ticket this year vs. INR12,000 last year: bad Dussehra rubs in the downturn for airlines ET Prime
• German car parts supplier Brose to cut 2,000 jobs as auto sector struggles
• From cars to garments, the humble bamboo can be a pivotal part of manufacturing
• Automobile slowdown: Number of vehicles crossing toll gates slowing Business-standard.com
• Govt vehicle scrappage initiative will boost presence of organised firms: SIAM
• BASF weighs $4 billion Indian chemicals complex with partners HT MINT
• Consumption in rural India hits a 7-year low HT MINT
• Opinion | An answer to the problem of EV charging infrastructure in India HT Mint
• Volvo Eicher CV sees an edge over rivals in BS-VI era HBL
• Nissan at risk of $740m body blow from no-deal Brexit Nikkei Asian Review
• Odd-even to be implemented only on 'non-transport four-wheeled vehicles': Kejriwal
• 2-wheelers exempt from odd-even, Rs 4K fine on violations
• Ola unveils self-drive car-sharing service Ola Drive
• Things Every Boss Should Do To Avoid Being A Nightmare To Work For Forbes
• How To Create A More Inclusive Workplace Culture Forbes
Industry
• Bank, auto stocks and Brexit deal lift indices to three-week highs
• China Q3 GDP grows 6.0% y/y, misses expectations
• Stop passing buck, fix economy: Manmohan Singh
• India has worked on fundamentals, but problems needs to be addressed: IMF
• Eco fundamentals strong, GDP data to improve: Govt
• Tata Motors, Motherson Sumi rally after Britain, EU agree on new Brexit deal
• Growth rate will be 7% in H2 and 6.5% for full year: Rajiv Kumar, NITI Aayog
• Tesla gets approval to start manufacturing in China
• Bengaluru first battery swapping station for EVs in the works
• Bulgaria ready to sweeten its bid to win Volkswagen plant
• Working on MSMEs reforms to push its GDP share to 50%: Nitin Gadkari
• U.S.-China trade tensions fuel downturn risks, spillover for emerging markets: IMF
• Fiat Chrysler faces $79 million U.S. penalty for fuel economy shortfall
Passenger Vehicle
• UAW deal with GM to end strike includes pay raises, but three plants would close
• Renault warns sales to fall in 2019 as automakers struggle
• VW gets more time from U.S., auditor to comply with diesel settlement terms
• UVs may Outsell Hatchbacks Soon
• Ford partners with Volkswagen, Amazon to build charging network for cars
• LG Chem sees electric vehicles accounting for 15% of all car sales in 2024
• Volvo Cars unveils Volvo XC40 Recharge electric SUV
• U.S. safety agency to jumpstart revamp of new car crash rating program
• Urban SUVs driving huge growth in CO2 emissions: IEA
Commercial Vehicle
• Private firms should incentivise public transport users : BMTC chief
• Truck rentals go up by 2% due to festival demand: IFTRT
• Delhi government approves hiring of 2,000 CNG operated buses by DTC during odd-even scheme
Two Wheelers
• Hero MotoCorp opens registration for fifth edition of Hero Campus Challenge
• Honda 2Wheelers launches promotional campaign for Activa 125 BS-VI scooter
Aftermarket
• NTSB to determine probable cause of fatal Uber self-driving crash
• Rivigo FY 2019 revenue up 42% at Rs 1,028 crore, losses double to Rs 600 crore
• Only authorised vehicle dealers to issue high-security number plates, hologram stickers
• Volkswagen announces Volksfest 2019 for Indian customers
• Uber to deactivate surge pricing during odd-even scheme in Delhi
Auto Components
• Adani partners UAE's Adnoc, Germany's BASF for $4 bn chemical venture
• NXP India partners with HCL Technologies for next-gen advanced electronics and semiconductor
• Ready to productionise gasoline EGR systems in India by 2020: MD, BorgWarner Emissions Systems India
• China lead producer Yuguang eyes move into battery manufacturing
Auto Technology
• Volvo Cars selects HCL Tech for IT services, digital transformation
 
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