【Weekly Automotive Newsflash】-15/5

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•       April 2019 auto sales: All segments skid to negative

•       Toyota Ends FY 2019 With Positive Revenue Growth, Will This Continue in FY 2020?

•       Tata Motors global wholesale down 22 percent in April

•       Ford likely to fuel India drive with $1 billion

•       Sweden is building an electric road that will charge car as you drive

•       Trump warns China to act on US trade deal or face worse terms

•       Ubers rocky ride to its IPO is bad news for tech startups

•       Schaeffler invests 45 mn euros for new manufacturing plant in Vietnam

•       Oil prices fall amid US-China trade impasse

•       After Trump hikes China tariffs, Europe girds for battle over cars

•       Tata Motors denies reports of sale of Jaguar Land Rover

•       China’s state-run Chery in advanced talks with Tata Motors for India JV

•       Panasonic flags first profit drop in 8 years, EV battery costs bite

•       OPEC in the dark on oil supply as Russia, Iran cut exports

•       Schaeffler India sees upto 3% revenue loss due to cut in diesel car production

•       Porsche fined 535 mn euros over diesel cheating

•       Ferrari driven by surge in sales in China

•       BMW profit hit by anti-trust case, spending on technology


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