Morning Daily - 2019-11-02

ETAuto Newsletter | Saturday, November 2, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Complete Sales Analysis Oct'19: A month full of festivals revive some hope for auto sector
• ETAutoCast: What is happening in car loan portfolio?
• October manufacturing activity at 2 year low, PMI at 50.6
• ETAuto Webcast: Re-Engineering Auto Retail Process For Future Mobility
• Did Diwali change India's slowdown story? Here's data to help you decide
• Audi India cuts SUV Q5, Q7 prices by up to Rs 6 lakh for limited period
• Spark Minda to supply components to Bajaj's electric Chetak
• Maruti Suzuki October sales up 4.5%
• Peugeot's turnaround driver, Tavares, faces his biggest challenge
• Indian car buyers becoming less price conscious; more emphasis on vehicle styling: JD Power
• Race for Myanmar's auto market heats up as Toyota builds factory Nikkei Asian Review
• Nissan names new finance chief, some managers to leave in latest shake-up
• Data-protection roadblock: Can late entrants Mercedes, Audi capture the connected-cars market? ET Prime
• New Ford Bronco will debut in spring 2020 Detroit News
• Droom acquires NBFC Xeraphin Finvest
• Trump Reportedly Reverses Plans To Freeze Auto Fuel Efficiency Forbes
• India's Oct unemployment rate rises to 8.5%, highest in over 3 years: CMIE
• U.S. Keeps Adding Jobs With Large Upward Revisions For Past Months?? Data Suggesting A Shifting Economy Forbes
• How A People-Centered Approach To AI Can Reinvent The Way We Work Forbes
Monthly Sales Report Card
• Tata Motors domestic sales dip 32% in October at 39,152 units
• Bajaj Auto domestic sales dip 13% in October
• HMSI sales marginally down in October
• MG Motor India retails 3,536 units of Hector in October
• TVS Motor total sales dips 18.8% in October to 323,368 units
• M&M domestic sales down 11% at 49,193 units
• Ashok Leyland's October domestic sales crash 37% at 9,074 units
• Toyota domestic sales slip 6% at 11,866 units in October
• Suzuki Motorcycle domestics sales up 7.1% to 66,215 units in October
• VECV domestic sales down 35% at 3,309 units
• Escorts reports marginal increase in tractor sales in October
• M&M tractor sales down 4 pc at 47,376 units in October
Industry
• Road transport ministry seeks progress report on steps initiated to promote electric vehicles in Chandigarh
• India, Germany for resuming stalled talks for free trade pact with EU
• China may impose $3.58 billion in annual trade sanctions on US: WTO panel
• Notification to implement odd-even scheme issued
• China's auto market could shrink about 8% this year- Industry official
• World's top 10 automakers as PSA, FCA prepare to merge
• View: India needs $1 trillion exports to become a $5 trillion economy
Passenger Vehicle
• Mazda sees 30% FY profit drop on weak sales in U.S., China
• Electric Audi SUV tops Norway's October car sales
• Several automakers back Trump in two other California vehicle emissions suits
• GM recalls 638,000 U.S. SUVs, trucks for unintended braking
• Electric vehicle maker Fisker to start production of luxury SUV in 2021
Commercial Vehicle
• Pvt operators assure govt to provide adequate number of buses for odd-even days
Auto Components
• Arjas Steel starts working on four-year road map to raise capacity
Oil & Lubes
• Aramco meets investors in last-minute bid to hit $2 trillion IPO target - sources
• Brazil to remain net ethanol importer; US fuel to supply Northeast
 
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