Morning Daily - 2020-01-03

ETAuto Newsletter | Friday, January 3, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Bosch to cut thousands of jobs in India as auto sales slump
• We are not running behind No.1 in volumes; focusing on profitable, sustainable business: Audi India Head Balbir Singh Dhillon
• Shriram Transport Finance to raise up to Rs 1,000 crore through bonds
• Honda plans fifth-generation City with some new specs
• Auto industry yet to submit study to Niti Aayog on EV transition
• Hyundai to launch 44 e-vehicles by 2025
• The global Indian has more on his travel menu: The rise of new players in outbound-tourism industry ET Prime
• Bentley to focus on solid-state batteries to drive its electric models
• Two-wheeler makers post sales decline in December
• Hyundai, Kia see 2020 sales rebound after missing target in 2019
• Noida bought more vehicles in 2019, but cheaper ones
• Industry confidence fell sharply in Q2
• Bentley's first electric car to debut in 2025
• Lebanon receives Interpol wanted notice for Nissan ex-Chair
• Toyota Kirloskar Motor forms three strategic business units, announces organisational changes
• Petrol, diesel prices hiked across all major cities
• Steel prices may rise 10% on likely uptick in auto, infra
• Tata Elxsi develops RoboTaxi, a concept demonstrator vehicle
• Nissan's shock turns to dread as Ghosn readies media blitz Automotive News
• Prefer Hero, Maruti and M&M within auto sector: Ashwin Patil, LKP Advisory
• Mistry order inconsistent, untenable: Tata plea in SC HT MINT
• Barcelona bans older, most polluting cars
• Pricey SUVs, crossovers powered a surprisingly buoyant U.S. light vehicle market Automotive News
• Fintech firms brace for funding squeeze HT MINT
• RBI announces third round of 'Operation Twist' on 6 January HT MINT
• Opinion | The hope for businesses that this decade might herald HT Mint
• Ghosn chose Lebanon because of friendly government: lawyer Nikkei Asian Review
• Ghosn escape leaves Kansai Airport officials scratching heads Nikkei Asian Review
• Nine Benefits Of Embracing Big Data In Human Resources Forbes
• Five Emerging Trends As Millennials Run Manufacturing's Next Act Forbes
Monthly Sales Report Card
• Hero MotoCorp total sales dip over 6% at 424,845 units in December
• Bajaj Auto domestic motorcycle sales dip 21% at 124,125 units
• Suzuki Motorcycle India domestic sales up 1.1% in December
• TVS Motor total sales plummet 15% at 231,571 units in December
• Royal Enfield domestic sales down 13% to 50,416 units in December 2019
• Ashok Leyland domestic sales down 29% in December to 10,378 units
Industry
• Delhi looking skyward to solve its parking puzzle
• German factory activity shrinks again in December
• Credit growth slows to 6.7% in 2019 on consumption slowdown
• Carlos Ghosn says family played no role in escape from Japan
• India can explore USD 82 billion export potential in 20 products in China: Report
• Rupee skids 16 paise on higher crude oil prices
• VW starts settlement talks with German consumer groups over diesel scandal
• 5 things you need to know about Modi government's most challenging Budget
• A K Shukla takes charge as CMD of Hindustan Copper
• Gujarat received Rs 24,012 cr FDI in first half of FY20
• NCLAT adjourns RoC plea on Tata Mistry case till Friday
• Tata Sons moves SC against NCLAT order on Cyrus Mistry
• Ghosn used one of two French passports to flee: media
• India's December factory activity picks up to 7-month high but business optimism weakens
• Ready to bet on Maruti, M&M for next couple of years
Passenger Vehicle
• Tesla says will start delivering China-made Model 3s to public on Jan. 7
Commercial Vehicle
• Agra to get 45 new roadways buses this year
• 15K autos to stay off roads on January 8
Two Wheelers
• BMW Motorrad to bring electric motorcycle in five years
Aftermarket
• Uber bus or Ola shuttle, anyone?
Auto Components
• Austrian sensor maker AMS secures 59.9% Osram stake
• Germany's Bosch to offer lower-cost sensors for self-driving cars
• JSW Steel expects to be a 50-million-ton company by 2030: Seshagiri Rao
Auto Technology
• Luxoft collaborates with Microsoft to deliver connected vehicle solutions
Oil & Lubes
• Oil climbs on US-China trade optimism, Middle East tensions
• ONGC walks away with all 7 oil, gas blocks on offer in latest bid round
 
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