Morning Daily - 2020-02-05

ETAuto Newsletter | Wednesday, February 5, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
ETAuto Originals
• All Chinese stalls at Auto Expo will be manned by their Indian representatives: SIAM
• Stable to negative: Ind-Ra revises auto sector outlook for FY'21
• Union Budget 2020 is positive for the logistics industry
• Supreme Nonwovens Group completes acquisition of Futuris Automotive
• ETAutoTV: Safety and reliability should be priority for EV battery makers, says Atul Arya
• Harley Davidson sells over 25,000 motorcycles in India
• Yamaha starts accepting bookings for EV powertrain
• Honda Cars awards 14 aspiring engineers and scientists
Top Stories
• Policymakers need to decide if auto industry should be driver of growth, jobs: RC Bhargava
• Double-digit growth was the norm until inimical factors hit sector: Rajiv Bajaj
• Congested cities ensure 1 in 5 cars sold in Indias automatic
• Luxury car segment hit by multiple duty structure: Audi Indias Dhillon HBL
• Bajaj Auto to launch 6-9 motorcycles in next 12 months HBL
• Steel industry set to more than triple its carbon footprint by 2050 HBL
• A big lapse, masked well: Air travellers kept flying in unscreened weeks after coronavirus outbreak ET Prime
• Opinion | Budget less of a worry; inflation, liquidity matter HT Mint
• Opinion | Modis approach to economics doesnt tick any of the old boxes HT Mint
• Panasonic in a jam as Tesla taps new battery supplies in China Nikkei Asian Review
• Automakers count down to looming China parts shortage Nikkei Asian Review
• We Are In One Of The Best Times Of The Year To Find A New Job Forbes
• Becoming The Majority Of The Workforce Is Not A Positive Step For Women Forbes
• How To Make HR Data Work For You, Not Against You Forbes
Monthly Sales Report Card
• Bajaj Auto January sales down 3% at 394,473 units
• TVS Motor Q3 profit slips 21%, reappoints Venu Srinivasan as Chairman & MD
• Honda 2Wheelers India increases BS-VI model production to 60%
• Suzuki Motorcycle India sells 65,402 units in January 2020
Policy
• Cos to pay stiff penalty for faking expenses
• Launching climate summit, UK plans to bring forward ban on new petrol and diesel cars
Industry
• Rise in road deaths: 417 lives lost everyday in 2019
• Tata Power to set up 50 charging stations for EVs in NCR
• Britain's 2035 ban on new combustion car sales puts jobs at risk
• China's virus outbreak weighs on global business
• Mitsui CFO: China virus outbreak may slow manufacturing activities of autos and others
• Cha-ching! Musk kickstarts new decade on a high, beats Amazon CEO Bezos with a $13.5 bn gain
• RBI's rate setting panel starts meeting amid rising inflation, slowing GDP
• Recruiters indicate positive hiring outlook for H1 2020: Survey
• Aqua Line gives Auto Expo metro edge
• Wuhan virus cloud on premier auto show
• Coronavirus fallout: Few top executives, but Chinese stands wont be empty at Auto Expo
Passenger Vehicle
• Hyundai bets on Creta, new models to top UV charts
• Foreign marques lend steam to ailing auto inc
• Bird Electric to bring in sub Rs-10 lakh electric hatchback in partnership with China's Haima Automobiles
• Hyundai suspends production line over China outbreak
• Electric cars grab 44% market share in Norway in January
• Renault extends Wuhan plant closure to Feb 13
Commercial Vehicle
• Auto Expo 2020: Force Motors to showcase van T1N
Aftermarket
• Must address uncomfortable conversations if you want inclusion: Bo oung Lee, inclusion officer, Uber
Auto Components
• Bearings maker SKF profit steady in face of demand slump, lifting shares
• Base metals remain volatile on coronavirus concerns
• IOC acquires stake in Israeli battery developer Phinergy
• Carbon emissions by Indias steel sector to triple by 2050
• Tesla's battery supplier stocks surge on Panasonic's first Gigafactory profit
Auto Finance
• NBFCs' wholesale book under severe stress: Report
Oil & Lubes
• Oil minister moves Cabinet note for splitting GAIL
• Indonesia biodiesel group says more capacity in 2020 could help exports
 
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