Morning Daily - 2019-12-04

ETAuto Newsletter | Wednesday, December 4, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Carmakers shedding 80,000 jobs as electric era upends industry
• Will stop selling BS-IV vehicles in few weeks: Mercedes-Benz India
• FADA seeks govt intervention in UM Lohia India exit case
• Maruti Suzuki to hike vehicle prices from Jan 2020
• Volkswagen headquarters raided again in connection with diesel scandal
• Opinion: The emergence of technology-led M&A and switch JV in auto sector
• Hyundai Motor unveils plan to invest $52 bn over six years
• Automakers slowdown fix: protect the component makers, they will save the industry ET Prime
• Crisil slashes FY20 growth forecast to 5.1 per cent
• M&M, Toyota, Mercedes may also hike prices from Jan after Maruti
• Steel demand to slow down on weak auto, manufacturing demand: Moody's
• GST Council to review GST revenue position, compensation cess
• RBI booster dose likely to spur India Inc's animal spirits
• 15th edition of Auto Expo to be held from February 5-12 next year
• Daimler cost cuts to hit Germany hardest: Report
• What went wrong with the Q2 GDP growth
• Is bike-taxi service the next big thing ? Business-standard.com
• 3 Things You Need To Know About A December Job Search Forbes
• Two Signs You Might Be Losing Your Job Soon Forbes
Industry
• Elon Musk goes on trial in U.S. for defamation over 'pedo guy' tweet
• German court annuls de facto armoured vehicles export ban to Saudi Arabia
• India's growth might have reached a trough: Goldman Sachs
• Roads to be audited to identify Black Spots, assess cause of accidents: Nitin Gadkari
• West Bengal NH toll plazas ready for FASTag: Official
• Trump says China trade deal might have to wait for 2020 election
• Japan preparing $120 bln stimulus package to bolster fragile economy
• India seen making sixth interest rate cut, but no cure for economy's ills
• Thyssenkrupp works council demands $1.7 billion investment in steel unit
• Goldman pegs down FY20 growth to 5.3%, but sees equities gaining 8.5% next year
• Big Boy Toyz launches first multi-brand showroom in Hyderabad
• GDP data not a gospel truth, need not be taken seriously: BJP MP
• EVBox ramps up production capacity of EV charging stations in Bordeaux
• MSMEs seek clarity on new export policy
• IFC invests $200mn in Mahindra Finance for MSME lending
• Punjab to bring 'Right to Business Act' to reduce regulatory compliance for MSMEs
Passenger Vehicle
• Mahindra South Africa wins top accolades for fuel efficiency
• Skoda to launch Octavia vRS in India soon
• Mahindra brings in BS-VI complaint XUV300
• Mercedes-Benz launches 2020 GLC SUV in India, price starts from Rs 52.75 lakh
• BMW India introduces Smart Repairs initiative
• Hyundai to enhance special services for Kona EV
• China wants new energy vehicle sales in 2025 to be 25% of all car sales
Commercial Vehicle
• Punjab: Japanese e-buses may hit roads soon
• Piaggio receive BS-VI certification for diesel-powered range of 3Ws
• Delhi: Up to Rs 20 for a non-AC bus ride?
• WB govt stresses on e-buses to protect environment
• Atul Auto sales up 7.34% to 4,297 units in November
Aftermarket
• Mavyn appoints Arun Arora as director of strategy and communications
• Apple brings tap-to-pay Express Transit to London's Underground
Auto Components
• Chile eyes state-backed lithium push in far-flung salt flats
• Copper prices slide as new U.S. tariffs add to trade fears
• Taiwanese EV firm forms JV with Renon India to produce battery packs
Auto Finance
• HDB Financial Services partners with Ashok Leyland
Oil & Lubes
• Growth in global carbon emissions slowed in 2019
• Repsol to cut carbon emissions to net zero by 2050 at $5.3 bln cost
• Oil rises for a second day as Saudi Arabia pushes supply cut
 
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