Morning Daily - 2019-12-24

ETAuto Newsletter | Tuesday, December 24, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Delhi rolls out electric vehicle policy; targets 5 lakh EV registration by 2024
• 2020 to witness over half a dozen electric car launches
• Suzuki Motorcycle to roll out BS-VI models from Jan, Access 125 to be first offering
• Have sent auto sector's Budget wish list to finance minister: Arjun Ram Meghwal
• Minda Industries enters wheel speed sensors biz in partnership with Sensata Technology
• Cashless toll mop-up via FASTags nears 50% mark
• Lucas TVS to sell stake in India Japan Lighting to partner Koito for Rs 148.5 crore
• Two platforms to underpin 70% of FCA-PSA cars
• A third are women in Ford Mach-E's tech team
• ArcelorMittal to sell 50% stake in shipping business to DryLog HBL
• NCLAT relied heavily on press release: Tata Group lawyers HBL
• Well live in a world where machines become humane: Pranav Mistry HT MINT
• Blockchain to gain momentum in India in 2020 driven by startups HT MINT
• Oils 2019 milestones tell decades story of energy abundance HT MINT
• 4 Strategies To Repair A Toxic Culture From The Top Down Forbes
• 2 Trends For Companies To Focus On In The Changing World Of Work Forbes
• 8 HR Predictions For 2020 Forbes
• EVs not spared as China auto sales head for biggest drop ever Nikkei Asian Review
• Grab to put Gesits electric scooters on Jakarta streets Nikkei Asian Review
Industry
• Nemaska Lithium seeks creditor protection amid industry supply woes
• JSW Steel to raise Rs 3,000 crore for Bhushan Power buy
• Electric vehicle startup Rivian scores $1.3 bln investment
• Regulators turn up the heat on India Inc to come green
• Canada economy shrinks for first time in eight months, hit by U.S. auto strike
• China promises tariff cuts, more competition in markets
• Revised MSME definition to be beneficial for 'ease of of doing biz': PHDCCI
• Rupee settles 6 paise down at 71.18 against US dollar
• Govt notifies rules for fixation of microdots identifiers on vehicles
• Thiruvananthapuram: Settle vehicle tax dues before December 31
• Auto Expo to showcase industry's vision of moving towards clean and green mobility
• Tata vs Mistry: RoC moves NCLAT to implead in the case
• M&M announces succession plan, Wadhera to step down
• FASTag: Festive season causes rush at toll plazas sole cash lane
• FPIs open fund floodgates for Indian markets; Net inflow crosses Rs 1 trn in 2019
• Apex skill training centre to make Tamil Nadu youth job-ready
• Mumbai: Zero waiting time for licence tests at 3 RTOs from today
Passenger Vehicle
• View: Tesla is the decade's best-performing auto company
• Over 35,000 new Mazda3 recalled over faulty autobraking system
Commercial Vehicle
• Tamil Nadu to buy 640 e-buses, set up 260 charging points
Two Wheelers
• Ampere Vehicles launches electric scooter 'Reo Elite'
Aftermarket
• Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory: Sources
• Ola to expand 'Guardian' safety feature to 17 cities in India, Australia
• Valeo launches new service facility in Bengaluru
Auto Components
• METALS-London copper drifts lower in thin pre-holiday trade
• Pradhan asks steel companies to develop new technologies
• Copper prices breach new high in December: Yes Securities
• Steel demand to see a very strong rebound in Q4
Auto Finance
• California to toughen group discounts regulations in auto insurance
Oil & Lubes
• Indian November imports of Latin American oil slump to 20 month low
• Oil prices inch higher amid support for supply cuts, lower inventory forecast
• Oil slides as Russia touts easing Opec+ output
• China promises more access to oil
• Crude oil futures slip on weak global cues
• Indonesia launches B30 biodiesel to cut costs, boost palm oil
• China's Nov gasoline exports rise to record as refiners ramp up output
 
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