Morning Daily - 2020-01-02

ETAuto Newsletter | Thursday, January 2, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Majority of carmakers post decline in sales in Dec, Maruti Suzuki and M&M return to positive
• Car sales dip most in 2 decades in 2019
• Rs 700-cr investment on hold by a year, FAME II failed to deliver: Hero Electric
• Auto no longer best play on India's consumption story: Sameer Narayan
• Suzuki JV to invest Rs 3,715 crore in second phase of battery venture HT MINT
• Transactions via FASTag at highway tolls double in December
• VW hopeful of meeting 1 million e-car target ahead of deadline
• India will struggle to achieve 5% GDP growth in 2020: Economist
• Lambretta-maker Scooters India is gasping for breath. Can an EV ride take it to safety? ET Prime
• All eyes on Nirmala Sitharaman's second Budget for tax relief
• Teslas hold on electrics wont last as rivals ready big launches
• Delhi: You can now rent a car for drivers licence test
• Three passports and a plan hatched in Lebanon: Ghosns escape act
• Opinion | Application of newer toll collection tech will give a boost to sector HT Mint
• EESL eyes 1,500 charging stations, IPO next fiscal: MD Saurabh Kumar HBL
• Carlos Ghosn great escape: 'Have not fled justice', says ex-Nissan boss HT MINT
• SAIL reports 47 per cent growth in December sales HBL
• Ghosn to hold press conference in Beirut on Jan.8, lawyer says Nikkei Asian Review
• 2019: Many of NCLAT corporate judgments didnt pass muster with Supreme Court HBL
• A snapshot of venture capital investments in India in the past year HT MINT
• Some sector-specific steps are needed from govt: SBIs Rajnish Kumar HT MINT
• Employers: Here Are 3 Reasons Why Candidates Are Ghosting You Forbes
• 3 Ways 2020 Will Change Companies' Perspectives On Learning Forbes
Monthly Sales Report Card
• Maruti Suzuki domestic sales up by 2.4% in December 2019
• Tata Motors domestic sales drop 12% at 44,254 units in December
• Hyundai India domestic sales slip by 9.8 percent December 2019
• M&M domestic auto sales up 1% to 37,081 units in December 2019
• Toyota total sales drop 38% at 7,769 units in December 2019
• MG Hector sells 3,021 units in December 2019
• Honda Cars India wraps up BS-IV dispatch, domestic sales slide 36% December
• Nissan India December domestic sales up 49% at 2,169 units
• VE Commercial Vehicles sales dip 19% in December at 5,042 units
• Mahindra's domestic tractor sales up 4% to 17,213 units in December 2019
• Escorts tractor sales fall 10.5% at 4,114 units in December
Policy
• Goa: From today, pay full tax on purchase of new vehicles
Industry
• FDI inflows slide 1.4% in Q2 to $9.7 bn
• Ghosn-less Renault and Nissan were the worst car stocks of 2019
• GST rate hikes may come in phases to reduce price pains
• Banks not keen to lend big to small businesses
• J-K Lt Governor reviews NHAI, NHIDCL projects
• MSME body seeks review of export supporting bodies' role
• FDI rises 15 per cent during Apr-Sep to $26 billion
• Brexit: PM Johnson vows to take UK out of European Union
• 2019: NCLAT passed several judgements but many of them failed Supreme Court perusal
• Job scenario to get better in 2020, but optimism at 6-year low
• GST revenue mop-up rises to Rs 1.03 lakh crore in December
• 'No Vehicle Day' observed in Kolhapur
• JSW Steel completes acquisition of Vardhman Industries
• US-China phase one trade deal to be signed January 15
• China's central bank says economic growth resilient despite large pressure
• MSME tech centre to be set up at Sulur
Commercial Vehicle
• DICV receives ISO 50001 certification for energy management system
• Fast food on wheels set for a comeback
• Chhagan Bhujbal disapproves of NMCs city bus project
• Officials of PMPML mull e-bus fare hike
• UPSRTC offers rebates on premium buses to Lucknow
Auto Components
• Steel sector showing signs of revival: RINL head
Oil & Lubes
• ONGC gets cracking at Panna-Mukta field; cost-saving measures reap dividends
• Oil analysts bet on modest price gains in 2020 as supply shrinks
• Venezuela's PDVSA touts gasoline delivery to fuel starved OPEC nation
 
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