Morning Daily - 2020-02-11

ETAuto Newsletter | Tuesday, February 11, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Sierra: A tale of Two SUVs
• Auto sales remains in red in January with overall market ending on a negative note for the fiscal: SIAM
• Renault plans best-priced EV in India, says Renault India CEO
• Opinion: Environmental benefits of scrappage policy - Age as the sole criterion meets the requirement
• ETAutoTV: Force Motors plans to invest Rs 500-750 cr for future expansion, says Prasan Firodia
• Opinion: Use case to pricing How to monetize connected cars
• ETAutoTV: Lighting technology is a big influencer in design of a car, says Pratap Bose
• Bharat Forge Q3 profit crashes 81% at Rs 40 crore
• Motherson Sumi Q3 PAT down 30% at Rs 271 crore
• Ashok Leyland division Optare wins another order for electric double decker buses in London
• Yamaha Motor India appoints Hideki Fujiwara as managing director of YMRI
• EV Motors India appoints Arvind Gujral as CEO
• Maruti Suzuki launches special service camp on Valentines Day
• Volvo cars India not to pass BS-VI cost to customers till March 2020
• Mercedes Benz opens new dealership Global Star in Delhi
• Pure EV launches electric scooter EPluto 7G, priced at Rs 79,999
• JTEKT Group showcases made-in-India auto parts with Japanese expertise at Auto Expo
Top Stories
• Maruti Suzuki to aggressively push exports, eyes 20% of total production from global markets
• Competition Commission of India gives nod to Ford-Mahindra joint venture
• Petronet LNG Q3 net rises 16% to Rs 679 crore HBL
• India Incs domestic debt-raise dips in April-Dec HBL
• Low crude prices offer a strategic handle for India HT MINT
• RBI issues notification on CRR leeway for new retail, MSME loans HT MINT
• What delayed Jawa bikes: a chrome-plated fuel tank, teething issues with supply chain and plant ET Prime
• Opinion | Depoliticize fiscal policy to tackle economic challenges HT Mint
• Opinion | Lessons from how Western economies got ahead of us HT Mint
• Opinion | Doing business is not easy under a sanctions regime HT Mint
• Coronavirus overreaction risks disrupting business far beyond China Nikkei Asian Review
• How Employers Should Navigate The Digital Recruitment Landscape Forbes
• Three HR Trends Likely To Impact Your Organization In The Coming Decade Forbes
Policy
• Efficiency parameters soon to aid EV battery swapping
• Govt issues advisory to states/UTs to register vehicles on the basis of valid documents
Industry
• Global automakers in a fix as Chinese units fail to resume work
• HG Infra Engineering bags two NHAI projects worth Rs 2,100 crore in Rajasthan
• MSME restructuring extension signify RBI's shift in stance on asset quality, transparency: Fitch
• Govt moving fast on EV adoption despite disappointing Budget
• Hyundai, Kia to gradually resume South Korea output
• Economy close to collapse, fear in country: P Chidambaram
• Mahindra to expand engine capacity in Ford plant
• Indian inflation likely hit a near six-year high in January
• Daimler to cut 15,000 jobs as cost cuts intensify
• Transition to EVs not overnight: Sunjay Kapoor
• Investments by some FPIs may attract retro tax
• Chandigarh: Alcometers will now click pictures of drivers too
Passenger Vehicle
• Isuzu Motors India begins phase-II operations in AP plant
• Nissan to halt production at Japan factory due to coronavirus
• Carmakers look to resume China output after virus forced closures
• Volvo Cars and owner Geely consider merger deal
• Renault Indias head of customer care division, Bhimsem Gulabani resigns
• China's Great Wall may make lithium battery for EVs in India
Commercial Vehicle
• West Bengal to switch to lease model for procuring electric buses
Two Wheelers
• HMSI drives in BS-VI compliant Dio at Rs 59,990
• Mahindra plans to bring in Peugeot e-Ludix scooter for Indian market
Aftermarket
• Ola launches services in London
Auto Components
• Lumax Group to invest over $150 million, eyes inorganic opportunities in automotive plastic parts
• SIAM concerned China crisis may hit components supply
• Baba Kalyani on how Bharat Forge stays relevant in disruptive times
Auto Finance
• Shriram Transport Finance raises Rs 500 crore through bonds
Oil & Lubes
• Fuel prices cut for fifth consecutive day on Monday
• Oil slips on weaker Chinese demand, traders await OPEC+ cuts
• Oil prices fall on oversupply worries as virus hits China demand
 
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