Morning Daily - 2019-12-31

ETAuto Newsletter | Tuesday, December 31, 2019

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Total Recall: Double in 2019
• 2019, a year of downsizing for global auto markets
• XUV400 could be the first SUV from Mahindra-Ford JV
• City to drive Honda's India sales in FY21: Gaku Nakanishi
• Automakers cut BS-IV vehicle production to prepare for BS-VI transition
• GoMechanic raises Rs 105 cr in Series-B funding
• Oil ministry wants cut in GST on CNG vehicles to 5%
• EESL inks pact with HPCL to set up charging infra
• Ambassador, Beetle, Maruti 800: It was the end of the road for some iconic cars this decade
• VW chairman says 40% of its car sales must be EVs by 2030 to meet emissions targets
• Pininfarina partners with Roux to develop water-cooled helmets
• Volkswagen sells over 250,000 electrified vehicles
• MSME sector poised for mega transformation in 2020
• Volkswagen trademarks T-Sport, T-Go and T-Coupe
• Hyundai to showcase flying car concept at CES 2020
• RBI plans to tighten loan norms for co-op banks
• Ampere Vehicles expands its dealership network with 23 new outlets
• Tax hike sends Japan auto sales into first decline in 3 years Nikkei Asian Review
• Can economy recover from slowdown?
• 5 used-vehicle trends in 2020 Automotive News
• Carlos Ghosn flies to Lebanon despite awaiting trial in Japan Nikkei Asian Review
• eMote Electric to roll out geared e-bike Surge in early 2020 HBL
• A country with the right amount of digital talent will win the talent war: Nasscom President HBL
• New year will see corrections in valuation of start-ups HBL
• NBFC, renewables, realty may slip into distress in the next five years HT MINT
• How Qualcomm Approaches Its Automotive Business, With $6.5B In Design Wins Forbes
• 5 Signs It's Time To Leave Your Boss And How To Do It Forbes
• Why Inclusion Means Getting Comfortable With Discomfort Forbes
Policy
• Uber, Postmates sue to block California gig worker law, claiming it's unconstitutional
Industry
• False dawn: City fails to get traffic act together
• Improving domestic investment climate is need of the hour: CIC
• Transport unions in TN announce novel protest against change to labour laws
• India's exports may touch USD 330-340 bn this fiscal: FIEO
• Rs 1.12 lakh crore paid as IGST refunds to exporters: Govt
• Tata Group intends to focus more on digital transformation as a future growth strategy: N Chandrasekaran
• Higher EV demand drives Tesla-rival Nio's quarterly sales beat, shares surge
• Govt might breach fiscal deficit target in FY20; need for fiscal stimulus rises: Report
• Govt may provide tax incentives for startups in Budget
• EU seeks reset in trade talks with US
• We are seeing green shoots in auto and auto parts stocks: Neeraj Dewan
• China's December factory activity set to expand for a second month
• New year to be largely a year of stabilisation
• Why 2019 was like no other year for Indian tech startups
• Dollar trims annual gains in low volatility year, more action seen in 2020
• Questions for 2020: Lower income-tax, two-rate GST?
Passenger Vehicle
• Questions for 2020: Electric affordable cars?
• Tesla delivers first China-made Model 3 sedans in just under a year
Commercial Vehicle
• Government to probe complaints of STC buses overcharging
Aftermarket
• Ola deploys safety scouts and quick response teams
• Gateway Distriparks to sell its stake in Snowman Logistics, stock jumps by 7%
• Egypt competition watchdog approves Uber acquisition of Careem with conditions
Auto Components
• Pradhan calls for innovation in steel, mining industry
• Bharat Forge increases stake in defense tech supplier Aeron Systems
• London aluminium falls after Hydro restarts Brazil operations
• Iron ore scales 2-week peak as Chinese steel mills rebuild stocks
Oil & Lubes
• Oil regulator seeks consultant to rationalise gas pipeline tariff
• Premium valuation on BPCL retail biz possible but process needs clarity: Deven R Choksey
 
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