Morning Daily - 2020-01-24

ETAuto Newsletter | Friday, January 24, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
ETAuto Originals
• MG Motors targets expansion to 3-lakh units with fresh investment for India
• 57% of Indians prefer ride-hailing over own vehicle
• ICRA dulls near term demand outlook of two-wheelers due to BS-VI price hike
• CEOs take on 2020: 48V technology will power vehicle electrification globally, says Ashok Belani
• MG Motor launches the ZS EV in India, priced from Rs 20.88 lakh
• Piaggio upgrades its entire three-wheeler range to BS-VI
• Alexa in your car: How Echo Auto will fare on Indian Roads?
• ETAutoTV: 2020 could be the tipping point for electric mobility: Mahesh Babu
• PSA-FCA merger likely to be completed by early 2021
• Glimpses from ETAutoEVC2020 - Slideshow
• Ceat Q3 PAT up marginally at Rs 52.5 crore
• NEXA offers solution for connected car experience
• Volkswagen and Aeris Communications form joint venture for connected-car technology in US
• Jawa to cover 3 lakh km trails across India
• Continental launches online portal for automated software validation for connected vehicles
Top Stories
• Mercedes halves EV production target due to battery shortage: Report
• Tata Motors hopeful of liquidating inventory of BS-IV cars
• MG India eyes EV crown with multiple launches
• Auto industry seen consolidating as falling demand, higher costs bite
• Budget may give Rs 500cr each for 2 MSME funds
• Shared mobility startup Bounce raises $105 mn in fresh funding
• Bajaj Chetak has picked up some new traits on its way back: a virtual showroom, servicing in minutes ET Prime
• At 450 per 1,000 people, Gujarat has highest vehicle ownership rate
• Indian economy poised to take off, says Goyal
• JSW Steel plans to raise Rs 1,000 cr through NCDs
• Volvo ditches diesel for its smallest SUV, but plumps up value HBL
• Tata Motors gears up to take on new challenges in car design HBL
• GM wraps up India exit as another Chinese brand plays saviour HBL
• Data privacy must be seen as human right: Satya Nadella HT MINT
• Opinion | Frame rules to govern how devices identify us HT Mint
• Opinion | The Constitution prevails in the world of business too HT Mint
• Opinion | Theres a Gandhian third way for an inclusive economy HT Mint
• Activist fund Elliott takes hit and exits Hyundai Motor Nikkei Asian Review
• Strong Chinese sales lift motor maker Nidec's profit 15% Nikkei Asian Review
• How To Rekindle Your Childhood Dreams When Making A Career Change Forbes
• 10 Tips On How To Make Your Workplace Your Happy Place Forbes
• 13 Ways HR Teams Can Improve The State Of Their Annual Reviews Forbes
Industry
• Trump revives trade battle with Europe with threat to cars
• RBI raises VRR limit for FPIs to Rs 1.50 lakh crore
• 69% of routine work of managers will be completely automated by 2024: Gartner
• Union Budget 2020: Why income-tax cut is a bad idea
• Japan exports shrink for 13th month in further blow to economy
Passenger Vehicle
• German NGO accuses Volvo of diesel emissions cheating
• Tesla overtakes VW as world's 2nd most valuable carmaker
• USITC to review parts of initial order on M&M Roxor
• Why Germany is vulnerable to US car tariffs?
• Canadian judge approves C$196.5 million Volkswagen fine for diesel emissions
• PSA not sure if engines it delivered to Mitsubishi are part of German probe
• French anti-corruption agency runs checks on Renault
• Flying cars are a cool solution to a tiny problem
Auto Components
• Amara Raja among 42 global organisations that agreed on guiding principles for batteries
• Niti Aayog seeks Cabinet nod for battery push
Tyres
• Ceat could grow exports by over 50% in European markets, says MD Anant Goenka
Auto Technology
• GM's investors school Tesla's on self-driving hype
Oil & Lubes
• India likely to renegotiate LNG deal with Qatar: Dharmendra Pradhan
• Oil at two-month low as Asia virus threatens demand
• India's December fuel exports jump as slowing economy curbs domestic demand
• India to see Rs 4 lakh cr investment in gas infrastructure: Pradhan
• Crude oil outlook bearish, weak demand a big worry
• Relief to consumers as petrol, diesel get cheaper
• India's oil demand rises 1.8% during April-December 2019
• North American oil company bankruptcies jump in 2019
 
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