Morning Daily - 2019-11-12

ETAuto Newsletter | Tuesday, November 12, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• PV sales marginally up in Oct; first time in this fiscal year
• Factory output shrinks 4.3%; Lowest in almost 8 years
• Unsure Motown shelves $3 billion capex plans
• Vivek Chaand Sehgal reiterates why in right places and with right cars, there is no slowdown
• M&M improved market share despite a 21% volume fall: VS Parthasarathy
• Negative outlook for automotive dealership segment: Icra
• Wired differently: the new Chetak and the quest to make Indias first mass electric scooter ET Prime
• Electric vehicles won't be mainstream, says Honda CEO
• JLR global retail sales down 5.5% to 41,866 units in October
• Even 8% margin not enough for EV dealers to sustain: Sohinder Gill
• Indian automobile industry group expects demand to revive on new models Nikkei Asian Review
• CDK Global in discussions with FADA for Indian market
• Why Ashok Leyland's stock did not react adversely to weak Q2FY20 results HT MINT
• Opinion | IIP: Crunch time HT Mint
• Hyundai develops world's first active noise control technology
• The auto sector is coming back as an industry: Mercedes-Benz India MD & CEO Martin Schwenk HBL
• Formula One aims for zero carbon footprint by 2030
• Setting up manufacturing and related operations in Vietnam - Audio interview
• Want To Be A Great Leader? How Cooperation, Sharing And Belonging Predict Success Forbes
• The Single Most Important Thing You Need To Know To Create An Engaging Culture Forbes
Industry
• Trump expected to delay European auto tariff decision -EU officials
• Just 3 companies show up for NHAI's toll-operate-transfer-3 auctions
• Diwali gives struggling auto companies reason to cheer
• China's NEV market may contract this year due to subsidy cut-industry assoc
• China electric-car makers hit by new threat of subsidy cuts
• Ashok Leyland recovers after plunging 7% in trade
• Identify products whose import can be reduced: Comm Min
• Will Gujarat govt shun double standards in enforcing HSRP rule?
• China auto sales fell 4% in October, 16th month of decline
• 13 MSME clusters to be started in Vidarbha: Gadkari
• Income Tax task force report suggests complete rejig of tax slabs, saving govt Rs 55,000 crore
Passenger Vehicle
• Tesla flaunts first China-built cars as start of sales nears
• Honda working on a second electric car, likely to launch in 2022: Report
• Leased vehicles set to add teeth to MVDs Safe Kerala initiative
• China's auto industry discusses ways to boost rural car sales: Sources
Commercial Vehicle
• Bengaluru: Affordability for urban poor should be factored in while fixing bus fares, says NGO
• Tata Motors announces new campaign for its SCV range
• Saugata Gupta, Vipin Sondhi join Ashok Leyland board of directors
• Real-time bus data at airport soon
Two Wheelers
• Trundling into trouble: Singapore targets e-scooters after accidents
Aftermarket
• Prosus unit to invest up to $400 million in Frontier Car Group
Auto Components
• Bharat Forge set for a derating as US local truck woes persist
• China iron ore, steel futures drop on weak demand
• Schaeffler to exhibit digital maintenance services at the SPS
• ZF opens its first plant in Vietnam
• Motherson Sumi Q2 profit up 4% at Rs 385 crore
• Nickel declines as inventories rise, Indonesia resumes exports
• Australia's AVZ Minerals in lithium offtake talks, gets Chinese investment
Auto Technology
• For the sake of safety: This AI sensor triggers an alarm when kids are left alone in a car
Oil & Lubes
• Oil drops more than 1% on concern over U.S.-China trade war
• Jiya Eco Products Q2 profit down 16% at Rs 5.42 cr
• Oman says OPEC+ likely to extend supply curb deal
• Petrol, diesel vehicles to be banned on select Gaya roads
• IOCL gets environmental clearance to set up Rs 766-crore 2G ethanol plant in Panipat
 
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