Morning Daily - 2019-10-31

ETAuto Newsletter | Thursday, October 31, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Carmaker tie-ups and break-ups
• JK Tyre Q2 net profit jumps nearly 4x on deferred tax reversal
• CCI okays Hyundai, Kia's stake buy in ANI Technologies, Ola Electric
• FCA confirms potential tie-up with Peugeot
• TVS Motor strengthens Central America presence through tie-up with Cadisa Group
• NHAI to focus on land acquisition for new projects
• Data-protection roadblock: Can late entrants Mercedes, Audi capture the connected-cars market? ET Prime
• Carmakers and repair shops clash as automation upends aftermarket
• Shuttl raises $18M from Toyota & Japan's SMBC Trust Bank
• Mercedes recalls some EQC electric cars due to potentially faulty bolt
• Will Renault React To Fiat Chrysler, PSA Merger Talks? Forbes
• India's crude oil production falls 5.41% in September
• 5 Reasons Future Customers Will Boycott Auto Makers That Don??t Care About The Environment Forbes
• Opinion | The limits of monetizing fiscal deficits to counter downturns HT Mint
• MSMEs urged to adopt lean manufacturing practices, use govt sops HBL
• Japan suppliers break out of traditional auto groups to bulk up Nikkei Asian Review
• Consumer loans growing but some vintage loans indicate higher risk: CIBIL
• Escape The Extremes: Learn To Balance Standardization and Personalization Forbes
• How A Personal Branding Expert Created Her Personal Brand Forbes
Industry
• Ford shutters oldest Brazil plant as revival bid faces doubts
• Ford reaches tentative labor deal with United Auto Workers union
• Escorts railway division in top gear amid auto mkt slowdown
• Revenue concerns for the government make immediate tax cuts tough
• Indian, Chinese economies to accelerate in Q4, says report
• Consumers prop up US economy as business spending retrenches
• 20 agreements set to be inked during Merkel visit
• Bengaluru: Highrises, malls may have to provide EV-charging facilities
• UK's Brexit deal estimated to cost almost $100 billion
• VW lowers 2019 outlook for vehicle deliveries as demand cools
• U.S. auto sales seen dipping 1.3% in October
• Ford issues three safety recalls in North America for more than 3 lakh vehicles
• Tesla filing shows U.S. sales tumbled 39% in third quarter
• View: A struggling India needs more trade, not less
• Jobs confidence, not tax cuts, will push consumption spends: DBS
Passenger Vehicle
• Honda yet to finalise e-car plan, may roll out Honda e
• PSA could help Fiat Chrysler modernize its vehicle platforms
• Volkswagen warns of slowing global auto markets
• Truebil offers 7 day trial period for used car buyers
Aftermarket
• Lyft, Uber will ask California voters to block employee law
• Uber says will not share electric bike rider data with Los Angeles
Auto Components
• Private equity firms short-listed in auction for Volkswagen's Renk - Sources
• Veoneer sells share in Japan and China brake systems venture for $176 mln
• India starts probe into alleged exports subsidisation of rubber by South Korea
• BorgWarner to supply integrated drive modules to Chinese EV brands
• LME to launch lithium committee including Tesla, Albemarle
• STMicroelectronics to design and deliver exterior LED lighting solutions for Audi cars
Tyres
• Pirelli cuts guidance, delays business plan in worsening scenario
Auto Technology
• Microsoft's 'HAMS' automates driver license tests in India
Oil & Lubes
• Oil slips on cloudy US-China trade picture
• Saudi Aramco to keep 4.6 mln barrels of oil in Indian storage: Govt
• Indian Strategic Petroleum Reserves, Aramco ink storage lease pact
 
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