Morning Daily - 2019-11-13

ETAuto Newsletter | Wednesday, November 13, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Tatas Group begins hunt for a partner for Jaguar, approaches Geely & BMW
• EESL to fall short of its target of electrifying government car fleets two years after the deadline
• Moodys projects negative outlook for Tata Motors
• Scrap metal no longer hot item as auto sector hits reverse gear
• MG Motor to roll out affordable EV in 3-4 yrs, to set up battery unit here
• Kesoram gets NCLT nod to demerge tyre business
• Alibaba-backed EV startup XPeng raises nearly $400 million, report says Automotive News
• Varroc Engineering Q2 PAT tanked 77% at Rs 23 crore
• Elon Musk says Tesla plans to build next factory near Berlin HT MINT
• Nissan reports 70% Q2 profit slump, slashes full-year outlook
• Opinion: EV adoption in shared mobility is gamechanger for Indian auto inc
• Tata Motors raises up to Rs 500 cr via issue of securities
• State-owned fuel firms wary as India opens up oil retail market HT MINT
• Royal Enfield to ramp up retail presence HBL
• Drive-by Vehicle Threat Detection Offered Globally Forbes
• Tata Motors Group global wholesales down 19% to 89,108 in October
• Insurance company can reject claim for stolen car if you don't have all keys
• Skoda unveils new-generation Octavia sedan
• Continental Q3 operating profit drops 20% on auto slowdown
• The Changing Landscape Of Masculinity And Men??s Mental Health In The Workplace Forbes
• Are You Giving Too Many Details When You Deliver Tough Feedback? Forbes
• Great Wall, Chery, Beiqi Foton look to begin India drive. Who should worry? Nissan, Ford, Volkswagen ET Prime
Policy
• Nagpur: Courier companies must register with RTO to continue ops
Industry
• Three months after govts guarantee scheme, NBFCs still awaiting funds
• SBI Research pegs FY20 growth at a low 5%; Q2 at a lower 4.2%
• RBI becomes net buyer of dollars in Sept, bought $5.61 billion
• Transport dept may ask contractor to raise no. of fittings
• Fed likely to defy history with rates steady through elections
• German companies love stability. Thats becoming a problem
• Eurozone bonds fall on expectations Trump will postpone auto tariff decision
• Economic downturn: India's Jul-Sep qtr GDP numbers crucial, says report
• View: All NBFCs shouldn't be painted with the same brush
• Lithium Urban ties up with Wipro for pan-India employees' commute
• How to craft an RCEP to Indias advantage
• Vehicle registration in Ahmedabad keeps dropping
Passenger Vehicle
• German prosecutors indict current and former Volkswagen managers
• Volvo S90 T8 Plug-in Hybrid becomes the official car of the Ambassador of Sweden to India
• Hyundai to name its new sedan Aura
• Maserati ends production of GranTurismo with colourful Zeda model
Commercial Vehicle
• Eicher investors may need to focus on margins as volume accelerates
• PMPMLs average daily ridership stagnant despite new buses: Survey
• Chinese, Malaysian companies develop 'energy bus' for ASEAN markets
Two Wheelers
• This dirtbike can run at 120 kmph and it's fully electric
Aftermarket
• Booming used car market creates job roles
• Frontier Cars 26-year-old CEO strikes $400 million prosus deal
• Terminated Chrysler dealers lose case against government, plan to appeal: Report
• Bike taxis becoming popular in Vizag, but are they even legal?
Auto Components
• Continental, Osram cut costs as autos downturn hits suppliers
• Copper weakens ahead of Trump speech on trade
• Infineon forecasts slower growth in "fraught" macro environment
• Continental develops server concept for Volkswagen ID electric car
• Osram backs AMS takeover as auto downturn triggers 2019 loss
Auto Technology
• Researchers invent device that detects babies left unattended in vehicles
• This chip will turn smartphones into car keys
Oil & Lubes
• Oil rises further above $62 as trade hopes support
• Dharmendra Pradhan woos foreign firms to invest in India's oil & gas sector
• Miner BHP taps oil, gas for growth after shale exit
• Kerala: LPG auto drivers stage protest over shortage of fuel stations
 
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