Morning Daily - 2021-06-18

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ETAuto Newsletter | Friday, June 18, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle
Top Stories
• Passenger vehicles to cross 2 lakh units domestic sales in June: Hyundai India
• M&M Chief of design Ramkripa Ananthan quits
• Auto loans mis-selling: HDFC Bank to refund GPS device commissions
• Delhi govt set to ask SC to review ban on old petrol, diesel vehicles in city
• Mercedes-Benz introduces new S-Class launch edition, price starts at INR 2.17cr
• Economy likely contracted 12% in Q1: Report
• TVS Motor launches TVS iQube Electric at INR 1.15L in Chennai
• It's too early to focus on electric cars only: Toyota
• Ford sees better-than-expected quarterly profit on higher vehicle prices
• Auto show back in Detroit next year with focus on outdoors
• Tesla's new Model S gets official EPA range
• GM escalates the electric vehicle arms race
• Kia to expand sales of electric vehicles in Europe with Uber
• Auto Stocks Have Climbed on Plans to Spend More on Electric Vehicles Barrons.com
• How To Start Your Job Search Closer To The Finish Line Forbes
• How To Be A Part Of The 'Great Resignation' Forbes
Passenger Vehicle
• EV maker Lordstown backtracks to say it has no binding orders
• U.S. lawmakers press GM CEO on California emissions, Mexico labor
• BMW tests hydrogen-powered X5, launch in 2022
• Daimler speeds up shift to electric vehicles, Manager Magazin reports
• Ford expects second-quarter adjusted oper. profit to top own forecast
• Croatia's hypercar maker Rimac explores strategic options
• Chip shortage prompts Volvo Cars to halt Belgian output for a week
• Japan's Mazda aims to launch 13 electrified car models by 2025
Two Wheelers
• TVS Motor introduces EMI scheme for XL100 i-Touchstart moped
Auto Components
• BMW Group to recycle tungsten from production tools to reduce CO2 emissions
• Copper futures fall 1% amid muted demand
• Sona Comstar IPO subscribed 2.28 times
• Toyota Kirloskar Motor introduces door delivery of genuine parts
• German battery sales rise on demand for electric cars - ZVEI
Tyres
• Maxxis Tyres expands network to 3,000 outlets, to add 200 dealers in FY22
• Yokohama Off-Highway Tires opens COVID-19 care centre at Tamil Nadu plant
Industry
• Ford to buy EV charging management platform Electriphi
• Haryana can be top maker of e-vehicles: Dushyant
• Despite curbs, Kerala government nod to buy vehicles
• Validity of motor vehicle documents extended till September 30
• Govt makes PUC certificate for all vehicles uniform across country
• RBI turns net buyer of US dollar in April; purchases $4.21 bn
• MSMEs in Tamil Nadu open for business, but none to run them
• IIM Nagpur courses at Central institute of road transport Pune off-campus soon: Chander Prakash Gurnani
• Sachin Gupta joins Shyplite as Chief Technology Officer
• Speed, scale of vaccination to shape path of economic recovery: RBI report
• EVs with green plates get more common on Ahmedabad roads
• Zero fatality corridor model to make 8 'blackspots' safer
Oil & Lubes
• Crude oil prices steady near multi-year highs
• Petrol, diesel prices remain unchanged today, oil cos now revising rates every second day
Commercial Vehicle
• Workhorse challenges USPS decision to award vehicle contract to Oshkosh
• Renault arm launches Mobilize Power Solutions for CV charging solutions in Europe
• TuSimple's self-driving truck network expanding eastward via Texas
Aftermarket
• CARS24 goes global, begins business in UAE, Australia
• State Transport body converts buses into mobile COVID vaccination centers in Karnataka
Auto Technology
• Toyota arm invests in Ridecell to support growth in IoT-driven automation for mobility, fleet businesses
• Toyota adopts Nutanix cloud platform to build VDI for its design group
• U.S. push for self-driving cars faces union, lawyers opposition
• Self-driving car pioneer Waymo gets $2.5 billion to fuel ambitions
 
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