Morning Daily - 2019-12-10

ETAuto Newsletter | Tuesday, December 10, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Tata Motors to add another 100 sales outlets for passenger vehicles this fiscal
• No threat of job losses in auto sector: Minister
• Hero Motocorp to hike prices across models from Jan 2020
• India's auto parts makers see further weak vehicle demand in 2020 Nikkei Asian Review
• Paytm Payments Bank issued 6 lakh FASTags in November
• EV charging biz likely to grow at 50 pc in next 3 years in India: Delta Electronics
• JLR global retail sales fall 3.4% in November
• Inspired by the badass in you, Kia Seltos pips Tata, Honda, and Toyota cars for the No. 4 position ET Prime
• Honda's Hachigo seizes the wheel as quality crisis hits profits
• Nokia halts legal action against Daimler with mediation offer
• Indian NBFC crisis far from over: Moody's
• China car market heads for unprecedented second annual drop
• Volkswagen charged with violating vehicle emission standards in Canada
• A $1-billion grudge drove GM suit against Fiat Chrysler Https://www.livemint.com
• Early voting supports approval of UAW-Fiat Chrysler labor deal Detroit News
• The Sound of Silence: Why Automakers Are Changing the Noise That Electric Vehicles (Don't) Make Fortune
• How To Get A Great New Job In 2020 Forbes
• November Jobs Report: Strong Across The Board Forbes
Industry
• JSW Steel crude steel output falls 7% to 12.90 lakh tonne in November
• Over 71 hectares handed over to NHAI for Delhi-Meerut expressway
• India took only 5 years to move from $2 to $3 trillion economy: Harsh Vardhan Shringla
• Surging exports lend a fillip to flagging German economy
• Karnataka: CMP moots congestion tax, demand-based parking charges in busy areas
• Highways ministry urges RBI to exempt FASTags from KYC norm
• Mumbai: MGL to consider alternative arrangements if CNG outlet owners launch stir
• Nagpur: Of 17.47L vehicles, only 3% got PUC certificate in 2 months
Passenger Vehicle
• Nissan India offers benefits up to Rs 1.15 lakh
• Maruti Suzuki shares rise on higher production
Commercial Vehicle
• GM lending $40M to startup company buying closed Ohio plant
• UP government clears proposal for operation of 700 electric buses across 14 cities
• 125 BSRTC buses to be converted into CNG in Patna
• MSRTC to start live-tracking of buses for travel comfort
• To phase out diesel autos, dist admin plans incentives for those making the green switch
Two Wheelers
• Yamaha India launches BS-VI compliant YZF-R15 Version 3.0, priced starts from Rs 1.45 lakh
Aftermarket
• Vroom raises receives $254 million Series H funding
• Ubers assault report erodes the power of trust
Auto Components
• Global copper smelting activity dips in November
• EU okays mega state aid to develop electric battery giants
• SK Innovation to supply batteries for Mercedes hybrid car in China
• Vitesco Technologies develops cost-effective powertrain for plug-in hybrids
• Australia-listed Novonix in battery anode supply deal with Samsung SDI
• Mexico rejects US trade deal proposals on steel, aluminum
Tyres
• Michelin launches new tyre range for passenger vehicles in India
Auto Technology
• Flying cars could lure investors away from ground-based services - survey
• Toyota Connected India opens new office in Chennai
Auto Finance
• Tata Motors partners with Yes Bank for digital finance solutions
Oil & Lubes
• View: Saudi Aramco's $2 trillion dream isn't really about oil
• Oil bulls gearing up for a rally, but Trump may play spoilsport
• China November crude oil imports hit record high as refiners race to use up quotas
• As petrol prices rise, more Egyptians convert to duel-fuel vehicles
• Goldman raises 2020 oil price view on OPEC-led inventory tightness
• Petrol price hits Rs 75 per litre mark, diesel crosses Rs 66
• EU fuels Indonesia trade tensions With 5-year biodiesel tariffs
• Saudi Aramco's shipping arm looks to charter tankers in LNG foray: Sources
 
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