Morning Daily - 2020-01-10

ETAuto Newsletter | Friday, January 10, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Maruti down payment may dip to 10%
• Mahindra to unveil sub-9 lakh EV in Auto Expo
• Enquiries for CVs on the rise, volumes and prices will follow: Girish Wagh, Tata Motors
• India reviewing anti-trust complaint against Maruti Suzuki over car insurance: Sources
• Tata shifts focus to cars on weak demand for CVs Livemint
• Ashok Leyland partners with ABB for electric buses
• Build your own tech, trump rivals with innovation, avoid PR stunt: the Ather way of doing business ET Prime
• NBFC crisis far from over: Revitalizing shadow bank industry is a must HT MINT
• How Big Tech is helping transform cars into smartphones
• Talent demand in auto sector rises 8% in December
• EV dream not very far, need priority financing, cut in import duties of some parts: M&M
• Banned from leaving Lebanon, Ghosn submits passport Nikkei Asian Review
• Tata Motors to showcase 26 vehicles at Auto Expo 2020, including 4 global unveil
• Right-Hand-Drive Cars: Not Just for Mail Carriers Nytimes.com
• MSMEs defaulting on repayments despite corporate stress seen easing HT MINT
• M&M aims to expand electric vehicle offerings to counter competition HT MINT
• Opinion | The hollow relief of fewer farmer suicides HT Mint
• Uber to roll out PIN verification, RideCheck for enhanced user safety
• Closing The Skills Gap With Apprenticeship: Costs Vs. Benefits Forbes
• There Are Many Wrong Ways To Set Stretch Goals: 3 Skills To Keep You On The Right Path Forbes
Industry
• Over 70% vehicles still without FASTags in Bihar
• UAW president says he's clean, rejects 'scurrilous' claims
• Auto LPG suppliers raise concerns over stalled growth of eco-friendly fuel
• China's Vice Premier Liu He to sign US trade deal in Washington next week
• Finance minister holds pre-budget consultation with BJP leaders
• Modi govt should focus on economy, and not ethnic issues: Economist
• Rupee surges 48 paise as US-Iran tensions ease
• Japan urges Carlos Ghosn to return as fugitive tycoon defends escape
• Tata Motors to commence roll-out of BS-VI compliant products this month
• PM Modi says fundamentals of Indian economy strong, has capacity to bounce back
• Infuse capital in economy without worrying about fiscal deficit: FICCI
• Global NEV market to grow to $567,299.8 million by 2025
• Budget 2020 can end India Inc's wait and watch mode to spur investment in the economy
• Tokyo prosecutors say no conspiracy with Nissan, Ghosn failed to justify his acts
• India needs 6.3 per cent labour productivity growth to attain 8 per cent hike in GDP: Ind-Ra
• 90% land must for green lighting of highway construction, NHAI to lose discretion for waive off condition
Passenger Vehicle
• Volkswagen plans to launch four SUVs in India over next 2 years
• Chairman Mao's favoured Red Flag carmaker eyes 1 mln customers by 2030
• Volkswagen's 2019 vehicle deliveries slightly above 2018
• Mercedes-Benz poised to clinch premium sales crown for 2019
• Lithium completes acquisition of 1000 Mahindra EVs in its fleet
• Italy slaps curbs on cars as pollution chokes cities
• BMW India sales decline 13 per cent to 9,641 units in 2019
• U.S. outlines strong support for self-driving cars at CES
• US to probe fatal Indiana crash involving Tesla Model 3
• Tesla's market value zooms past that of GM and Ford combined
Commercial Vehicle
• Transport app FlixMobility achieves 37% passenger growth in 2019, eyes India
Two Wheelers
• BMW Motorrad India sales up 10% at 2,403 units in 2019
• Rod Copes quits as Royal Enfield North America President
• Scooter rental startup Bounce raises $97 million in Series D funding round
Aftermarket
• Mahindra Logistics opens distribution centre in north India
• Uber stops upfront ride pricing in response to California worker law
Tyres
• Goodyear unveils $100 million VC fund for new mobility initiatives
Auto Technology
• Hella partners with US startup for high-performance radar software
• Smartphones done, cars next: Tech giants want to beat slowdown and transform vehicles into revenue-generating gadgets
• CES 2020: RoboSense demonstrates smart LiDAR sensor on public roads
Oil & Lubes
• Oil prices fall further as threat of Middle East war recedes
• Oil slips as focus shifts from Iran tensions to US crude stocks
• China opens up oil and gas exploration, production to foreign firms
 
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