Morning Daily - 2020-02-17

ETAuto Newsletter | Monday, February 17, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Great Wall Motor to bring electric SUV under Haval brand to India
• Global EV component market to reach $157.4 billion by 2025: Report
• FADA asks automakers to shift completely to BS-VI compliant units
• Global nickel usage for EV batteries increased by 39% in 2019: Study
• Vehicle lightweighting technologies market to hit $250.9 billion by 2024: Study
• Auto dealerships in US decrease for first time in 7 years
• India's first Formula One track is sealed over unpaid dues
• How to deal with cross-border employee IP theft: An automotive case study - Audio interview
• Kabira Mobility introduces five e-scooters at Auto Expo 2020
Top Stories
• Will not just defend market share but also charge at competition: Maruti Suzuki MD
• Led by Suzuki tie-up, Toyota Kirloskar to enter compact SUV, MPV market in 2020-21
• Hacker creates new device that can unlock any luxury car
• Looking to make a foray into pre-owned car business in India: Porsche
• Clock's ticking for Nissan boss Uchida to show he has a plan
• Rise in coronavirus infections may affect fundraising activity HT MINT
• Maruti discovers Bharat, builds a giant rural footprint. But its running into speed breakers now. ET Prime
• Crude boost for India Inc as global oil demand dips over coronavirus epidemic HT MINT
• Bank of England has some lessons for Reserve Bank of India on how to revive growth HT MINT
• Opinion | Lets think afresh about how to govern Indias gig workforce HT Mint
• How To Recover From A Career Setback Forbes
• Show Me The Money: How AI And Tech Can Solve Procurement Spend Challenges Forbes
Industry
• India Inc on the cusp of a turnaround in revenue, Q3 profit surges over 36%
• Expectations high on 'mini' trade deal during Trump's visit: India Inc
• China's Hubei bans vehicle traffic to curb spread of coronavirus
• Looking to get Zojila tunnel completed without cost escalation; project may undergo design changes: Nitin Gadkari
• 61% toll fee in Punjab, Haryana now collected through FASTag
• Global economic policy direction now hinges on Chinas next move
• Cost of China's anti-virus fight rises with workers idle
• Coronavirus affecting exporters' sentiment globally: FIEO
• Budget would not cause inflation: RBI Governor
• Transmission of rate cuts improving steadily: RBI Governor
• Rate cut transmission gradually increasing, to improve further: RBI Governor
• Auto Expo: Less star power this year
• Coronavirus: Threat to economy, not opportunity
• Glencore held stocks of 12,797 tonnes of cobalt at the end of 2019
• New industrial policy and Rs 2,500 cr incentive in Tamil Nadu
Passenger Vehicle
• German court halts site preparation for Tesla factory
• Toyota to resume China output at three plants next week
• China supply issue causes Fiat Chrysler's Serbia plant closure
• Rare vintage automobile beauties from India and abroad steal show at car rally
• Ants, bats and birds evicted for new German Tesla plant
• Taiwan military chooses Tesla Model 3 for its EV fleet
• Volkswagen's group deliveries in China fall 11.3% y/y
• Fiat Chrysler halts production in Serbia over China disruption
• Volkswagen diesel settlement talks with German consumer groups fail
• Renault stuck tinkering with clunky Nissan tie-up
• Nissan's South Korean unit planning voluntary retirement for employees
Commercial Vehicle
• Odisha government to implement Centre's bus code
• Tejashwi's 'hi-tech', luxury bus owned by a poor, BPL card holder: Minister
• Haryana Roadways faces Rs 641 crore revenue loss
• Tamil Nadu: All govt buses to be fitted with 2 sets of CCTV cameras
Aftermarket
• Yamaha drives in $35m for Drivezy
• FAE Bikes launches 470 strong EV charging network
Auto Components
• China battery recycler GEM to make disinfectants in virus epicentre
• Tata Steel capex likely to hit Rs 9,000 crore in FY20
• LG Chem says U.S. panel's interim ruling favours it in SK trade secrets case
• EU launches anti-dumping investigation on China aluminium products
Tyres
• Tyre safety in focus at Auto Expo 2020
Auto Technology
• For self-driving startups, revenue is elusive, but miles add up
Oil & Lubes
• Oil prices slip ahead of data pointers on impact of coronavirus on demand
• India in talks with Russia on mega deal for long-term import of crude oil
• IMG clears BPCL sale bid documents, to be issued after ministerial group nod
• Opec underestimates China coronavirus threat
• Future of India's energy sector will be driven by new technology: Dharmendra Pradhan
• Oil glut, stronger rouble strengthen case for Russia to cut oil output
• U.S. EPA consulting White House over biofuel waiver program
• BPCL Q3 net trebles on reduction in inventory losses
 
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