Morning Daily - 2019-12-07

ETAuto Newsletter | Saturday, December 7, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Gerard Detourbet, the man behind Renault Kwid, passes away
• ETAutoNGVC: Gadkari reiterates indigenisation of alternate fuel to reduce import burden
• Auto component industry top-line dives 10% at 1.8 lakh crore in H1
• Maruti Suzuki recalls 63,493 Ciaz Hybrid, Ertiga and XL6 over faulty motor-generator
• ETAutoCast: Why logistics sector is 'in distress'?
• ETAutoNGVC: Natural gas vehicles have potential to become mainstream transportation mode
• ETAuto Indian Auto Industry Status Report; gives a deep dive into sector's situation
• No need for licence, RC, and helmet: How Benling is sidestepping the Motor Vehicles Act ET Prime
• SUV and MPV sub segments hit top gear on new launches
• Bajaj Auto brings Husqvarna premium motorcycle brand to India
• Auto sector slowdown affecting GST compensation cess kitty: Sushil Modi
• 3 crore vehicles in Uttar Pradesh to get high security number plates
• Toyotas Biggest Problem Is Keeping Hybrid Car Models in Stock
• Saudi Aramco raises $25.6 b in the worlds biggest IPO HBL
• Ola set to expand services in Australia, New Zealand HBL
• Volkswagen to launch four SUVs in India in the next two years HBL
• Zomato to raise up to $600 mn next month: Deepinder Goyal HT MINT
• Elon Musk's 'Pedo Guy' Tweet Isn't Defamation, Jury Rules Forbes
• Grab lets Southeast Asians shop globally with Mastercard deal Nikkei Asian Review
• Early retirement up in Japan as companies seek younger staff Nikkei Asian Review
Policy
• States can't have lower fine than in amended MV Act: Attoney general
Industry
• German industry slump sparks renewed growth fears
• Trump says US will finalize new fuel efficiency rules next year
• Mexican auto output, exports stumble in November
• Govt open to adopt new tech, eco-friendly material in construction sector: Singh
• French agency to study public transport, pedestrian routes
• NGT directs Environment Ministry to make effective mechanism for ensuring maintenance of green belts on National Highways
• Consumers in India turn most pessimistic in more than five years
• While trade war between US & China escalated, couldn't have waited to slash corporate tax: Nirmala Sitharaman
• Indian MSMEs face challenge to match global standards
• Returning General Motors workers seen boosting U.S. Nov payrolls
• Odisha gives nod to Gopalpur-Digha coastal highway plan
• Rs 24,396.19 crore collected as toll fee on National Highways in 2018-19: Nitin Gadkari
• Industry leaders disappointed over no change in interest rates
• US trade deficit falls in October to lowest since May 2018: report
• Auto sector slowdown claim made to defame country: BJP MP
• Brazil auto production, sales to rise next year
Passenger Vehicle
• Aston Martin not actively pursuing new investors as opens SUV plant
• China-built Tesla cars recommended for subsidies
• BMW Group sales grow 1.4% to 225,662 units in November
• Mercedes Benz India hopes to get back on growth track next year
Commercial Vehicle
• West Bengal government to introduce CNG buses in Kolkata
• AMTS buses ousted from BRT track
Two Wheelers
• Hero Electric ties up with Punjab govt for EV infra
Aftermarket
• Alphabet's Waymo expands app to iPhone devices in Phoenix
• Uber reports 3,000 sexual assault claims last year in its safety review
Auto Components
• Most industrial metals gain on trade deal optimism
• GFG agrees to buy Duffel aluminium plant in Belgium from Novelis
Auto Technology
• Volvo Group and JLR's venture capital arm invests in Apex.AI
Oil & Lubes
• OPECs latest output cut to have muted impact
• Saudi, Russia win over oil producers to deeper cuts
• Saudi Aramco shares to start trading on December 11
• Oil on track for weekly gain as OPEC+ set to confirm supply cut
• Shell wins UK court battle against environmental protesters
• China's crude oil demand seen peaking at 705 mln tonnes around 2030
• EPA chief says addressing biofuel industry concerns over blending mandates
 
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