Morning Daily - 2020-01-07

ETAuto Newsletter | Tuesday, January 7, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Tata Motors cuts production by 16.17 per cent in December 2019
• J K Tyre & Industries aims to reduce debt by over 50% in three years, banks on exports and replacement market to de-risk biz
• Petrol prices up 15 paisa, diesel by 17 paisa as crude hits USD 70 mark
• Mahindra & Mahindra production up by 22.54% in December 2019
• Indias aim to become $5 tn economy by 2025 is impossible: C Rangarajan
• Carjackers go hi-tech, use Chinese gadgets to steal
• Groupe Renault appoints Gilles Le Borgne as executive vice-president engineering
• The global Indian has more on his travel menu: The rise of new players in outbound-tourism industry ET Prime
• Damon Motorcycles partners with BlackBerry for electric superbike, to debut at CES 2020
• Suzuki starts sales of new Access 125 scooter
• Valeo to unveil autonomous electric delivery droid at CES 2020
• Nissan exhibits Arya electric crossover concept at CES 2020
• Toyota opens bookings for BS-VI compliant Innova Crysta
• Toyota to build prototype city of the future in Japan
• Byton showcases M-Byte electric SUV at CES 2020
• Yandex to showcase self-driving technology at CES 2020
• Ghosn's price for escape from Japan: his career Nikkei Asian Review
• Tata Nano ends 2019 with zero production, sales of 1 unit
• CES 2020: What's Driving Innovation Forbes
• E-commerce in Latin America: A new business channel in the independent aftermarket - Audio interview
• VC investment in startups scales fresh peak of $10 billion in 2019 HT MINT
• Tata v/s Mistry: NCLAT dismisses RoC's review petition HT MINT
• Spectre of fresh NPAs looms over banks this year HT MINT
• Opinion | Why global stock markets will leave a lot of bears disoriented HT Mint
• Opinion | Indian equities roiled by oil HT Mint
• Autonomous driving to take off in 2020, China robotaxi CEO says Nikkei Asian Review
• 4 LinkedIn Features To Power Your 2020 Job Search Forbes
• Here's What Happens When Leaders Get Employee Motivation Right Forbes
Monthly Sales Report Card
• HMSI sells over 4 million two-wheelers in Apr-Dec 2019
• Car sales in Goa up 81% during Oct to Dec 2019
• Sonalika Tractors sales grow 20.7% to 7,320 units in December 2019
Industry
• Cost of funds stays high for NBFCs
• Steel cos margins likely to improve in Q4 on rise in prices and demand
• Modi to chair meeting of experts at Niti Aayog on Jan 9
• German auto output hits 22-year low in 2019
• Telangana auto unions to go ahead with strike on January 8
• Include MSME dues under IBC in CIRP costs: FISME to finance minister
• Ghosn took bullet train to Osaka en route to Lebanon: Report
• Buoyant demand boosts India services activity to 5-month high in Dec
• NCLAT dismisses RoC plea on modification of judgement in Tata-Mistry matter
• Ratan Tata fights to save legacy after Cyrus Mistry court ruling
Passenger Vehicle
• Ford quarterly sales slip 1.3% on slowdown in passenger cars demand
• Carmaker Bentley returns to profitability as sales rise in 2019
• BMW India boss's success mantra: Follow the consumer to stay relevant
• UK car sales hit six-year low on Brexit and emissions uncertainty
Commercial Vehicle
• FASTag: Truck drivers use novel tricks to skip toll tax
• NGT rap: West Bengal government gauges impact of scrappage policy on transport
• U.S. EPA to advance plan to cut heavy-duty truck emissions
• Maharashtra: Panic buttons in public transport by year-end
Aftermarket
• Uber, Hyundai Motor team up to develop electric air taxi
• Prakriti E-Mobility partners with US-based Ridecell for tech solutions
Auto Components
• Tata Steel 'can't keep funding losses' at UK's loss-making Port Talbot plant: N Chandrasekaran
Auto Technology
• Amazon revs up auto ambitions with in-car TV, Alexa integration
• Mitsubishi Motors enlists Israeli startup as Japan plays catch up on connected cars
Oil & Lubes
• Mideast turmoil & drop in US stockpiles set to take WTI crude back to $70
• Fitch says HPCL refining margins to fall in current fiscal
• Gulf Oil extends pact with Bajaj Auto to supply engine oil by 3 yrs
 
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