Morning Daily - 2019-12-23

ETAuto Newsletter | Monday, December 23, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Hyundai Motor looks to utilise current India facility to cater both domestic, export markets
• Govt mulling premium on petrol, diesel prices on BS-VI switchover
• South Korean, Chinese brands turn up heat on Japanese carmakers in India
• Methanol blend on cards, India may trim oil import bill by Rs 5k crore
• Aided by monsoon & govt rural thrust, tractor industry to rebound in H2FY21: Report
• Highways sector to see Rs 15 lakh cr investments in 5 years: Gadkari
• Mercedes-Benz leads in innovations among premium car brands: Study
• India's steel output falls for second straight month, declines 2.8% to 8.93 MT in Nov: Report
• Buoyed by growth, MSME sector seeks Rs 70,000 crore loans
• ZF, Microsoft join hands for software-driven mobility solutions
• Economy faces liquidity problem, demand recession: Assocham president
• PSA and FCA merger is more than an ordinary automotive deal
• Infra along with MSME has potential to help India becoming USD 5 trillion economy: Gadkari
• Brexit cliff slashes car output as plants stand idle
• Clips to tell how you failed driving test
• Tesla bucks China car slump as November registrations soar
• Bosch develops AI-powered interior monitoring system for car safety
• 'Toyota Inside' strategy kicks off in China with fuel cells Nikkei Asian Review
• Benling India unveils Aura electric scooter
• 'Aura will be only 1.2-liter BS-VI diesel engine in compact sedan segment: S S Kim, CEO and MD, Hyundai Motor India Ltd HT MINT
• Oils 2019 milestones tell decades story of energy abundance HT MINT
• For startups, the difference between failure and success is networking HT MINT
• Opinion | A fiscal strategy for India in the deficit-stimulus gap HT Mint
• For Extra Cash, Get A Side Hustle That Fills A Need Forbes
• How To Advance Your Career Over The Holidays Forbes
• Defining Success For Yourself - 10 Career Insights From The Women Rule Summit Forbes
• Grab confirms application for Singapore banking license to tap SMEs and 'gig' workers Nikkei Asian Review
• Mazda shifts Thai SUV production to Japan as baht soars Nikkei Asian Review
Policy
• Bengaluru: Remove illegal number plates in a week, motorists warned
Industry
• EIB chief slams automakers for slow response to climate change
• Nilekani and Ratan Tata backed NBFC to raise $40m
• Karnataka: FASTags havent reduced waiting time, say KIA-bound commuters
• Headcount expansion loses currency, companies to promote up-skilling in 2020: Experts
• 377 infrastructure projects show cost overruns of Rs 3.94 lakh crore
• No possibility of any change in GST slabs, rates until revenue stabilises
• Driving for ages? Automated licence tests may puncture your confidence
• How Das is pushing traditional limits at RBI to ensure rates come down
• Centre consults large Corporates, MSMEs to slay slowdown
• Limit to lowering interest rates, says SBI chief
• Trump says trade deal with China to be signed 'very shortly'
• Industry captains discuss road map for $5 trillion economy
• Tesla shares inch closer to Musk's $420 take-private offer
• India Incs H1 capex resilient despite macro uncertainties
• Give spending agenda, ease fiscal deficit target: Economists
• Dictator Ceausescu's hunting car goes under the hammer, rakes in $44,000
• As FASTag penetration increases, PMO seeks report on waiting time at toll plazas
• More than 75% motorists switch to FASTag mode
• FCA union says keeping plants open doesn't mean guaranteeing jobs
• Cost-effective public transport would cut road accidents: Experts
• China to boost loan support to manufacturers
• FDI in manufacturing to drive Indian economic growth next decade: Sunil Subramaniam
• US Steel to lay off 1,545 workers in Michigan
Passenger Vehicle
• MG Motor India begins bookings for electric SUV 'ZS EV'
• Ford recalls over 6 lakh sedans in US over brake problem
• France to raise pollution tax on SUVs and trucks to $22,240
• FCA sticks to investment plan for Italy, no redundancies
• Tesla battery partially blamed for killing 2 teens in crash
Commercial Vehicle
• Ahmedabad to add more buses in AJL fleet
• Exempt LPG & CNG autos from getting permits: Unions to govt
• BEST buses comprise 1% vehicles using BKC connector
Two Wheelers
• Honda Benly e electric scooter to go on sale in Japan from April 2020
Auto Components
• Russia's Yandex developing lidar sensors for self-driving cars
• Steel industry may face disruption post March 2020 on expiry of mining leases: SAIL chief
• US won't levy tariffs on Brazilian steel, aluminium: Bolsonaro
Auto Technology
• Mock skyscrapers, simulated rain at Singapore self-driving test centre
• STMicroelectronics, SYSGO demonstrate secure telematics solution for automotive market
Automotive
• BASF to sell chemical unit for over 3 bn euros to Lone Star
Oil & Lubes
• Reliance-BP petrol pumps to dent PSU market share: Morgan Stanley
• Diesel prices surge over 50 paise per litre in three straight days
• U.S. gas volatility diminishes on higher output and exports: Kemp
• Vedanta will definitely evaluate making bid for BPCL: Anil Agarwal
 
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