Morning Daily - 2019-12-17

ETAuto Newsletter | Tuesday, December 17, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• India cannot achieve $5 trillion economy with slowing automotive industry
• How InsureTechs are winning the Motor Insurance space
• Indian luxury car buyers think Porsche expensive and beyond their reach: CEO, Porsche Middle East, and Africa FZE
• M&M, Ford wont cross-badge cars for India
• Mahindra Electric appoints Martin Murray as CTO
• Continental's Krishan Kohli given additional charges of HBS and Gurgaon location
• FCA and PSA Peugeot to announce merger MoU Wednesday
• Why is Hero sputtering? Slow R&D, ardour for profitability, and a relentless Bajaj hot on its heels ET Prime
• Moody's outlook for global auto makers in 2020 negative
• Budget may rejig duties to boost local manufacturing
• India's November wholesale price inflation grows to 0.58%
• Maruti Suzuki sold 6 lakh automatic cars in 5 years
• Tata entering premium hatchback segment with Altroz: All you need to know
• With Make in India, BYD looks to make country EV hub for the region HBL
• Dire Predictions For The Job Market In 2020 Forbes
• Chinese company DAO EVTech to set up electric two wheeler unit in India HBL
• Essar Steel resolution to boost Q3 number: SBI chief HBL
• Tata Motors in alliance talks with Chinese firms HT MINT
• S&P Global revises outlook on Shriram Transport to negative HT MINT
• Product quality, value for money key to win customer loyalty for brands in India: KPMG HT MINT
• Philippine parts industry gets jump start from Japan automakers Nikkei Asian Review
• Amazon-Backed Aurora Readies An Air-Traffic Control System For Self-Driving Cars Forbes
Policy
• No calls while driving: Bluetooth speaker use a grey area, say Chennai police
Industry
• First day FASTag collections touch Rs 1.5 cr mark
• Govt may miss tax revenue target for 5 Years
• ArcelorMittal forms JV with Nippon Steel to run Essar Steel
• Govt will continue to intervene as long as needed: Nirmala Sitharaman
• Daimler grab challenges Germany's China angst
• Government makes changes to Interest Subvention Scheme for MSMEs
• Autos: It is not time to celebrate yet
• Ousted Renault CEO Bollore raised concerns of governance problems at Nissan: Report
• Under fire, govt releases Rs 35,298 cr GST compensation to states
• Financial sector firms pitch for tax break, GST reduction at pre-Budget meeting with FM
• Kerala govt to showcase over 100 projects to global investors
• India should focus on structural reforms, clean-up of banks and labour reforms: Gita Gopinath
• Apollo Tyres collaborates with Ashok Leyland for driver health initiatives
• Google Maps adds plug type filter for EV charging stations
• China's factory, retail sectors shine as trade tensions thaw
• Car sector weakness saps industrial jobs in Germany
• Govt taking steps to boost consumption: Nirmala Sitharaman
• Is India's growth story over? Not quite. History shows there have been ups and downs in the past too
• RBI saw growth slowdown, acted ahead of time by cutting rates from Feb: Shaktikanta Das
• Indias worrying growth statistics and what they mean for the future
• Budget 2020: 20 tax-payer friendly ideas for the Finance Minister
• Auto shares in the red; Motherson Sumi down 1%
Passenger Vehicle
• Sri Lanka to launch first-ever luxury electric supercar in 2020
• Hyundai reveals the design sketch of Aura sedan
• Volvo Cars refinances $500 million worth of preference shares with Swedish investors
• US Congress declines to extend EV credit to GM, Tesla
Commercial Vehicle
• Fare meter not mandatory for autos in Dehradun
• Rajasthan: Buses slip on FASTag lane
Two Wheelers
• This startup can convert any fuel-powered scooter to an electric scooter
Aftermarket
• BMW and Daimler's ride hailing venture steps up Uber challenge
• Scout24 in talks to sell AutoScout24 to Hellman & Friedman
Auto Components
• Pradhan asks global capital goods manufacturers to set up units in India
• Doosan Bobcat India launches two new Volvo Penta powered air compressors
Auto Technology
• Around 69% of German manufacturers use artificial intelligence: Study
Auto Finance
• Honda Cars India partners with TranzLease for auto loan
Oil & Lubes
• Why didn't Qatar support Saudi Aramco's big deal?
• Oil prices near three-month highs on US-China trade deal
 
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