Morning Daily - 2020-02-21

ETAuto Newsletter | Friday, February 21, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Hero MotoCorp will venture into Bigger Boutique Bikes: Pawan Munjal
• Lumax Auto Tech aims to double revenue; acquisition on the anvil
• EESL to close 1,000 EVs tender by September 2020
• Aeris launches asset protection IoT platform for auto financing and lending companies
Top Stories
• Top 10 PVs sold in January 2020: Maruti Suzuki Dzire takes the top spot, Kia Seltos back again
• Top 10 two-wheelers sold in January 2020: Honda Activa leads the market
• Passenger vehicle retail sales dip 5% in January 2020: FADA
• Fiat CEO in race to succeed Ralf Speth at JLR
• Tata Motors' JLR shelves plan to sell bonds to raise cash Livemint
• Global LNG demand expected to double by 2040 to 700 mln tonnes
• Opinion: It's time to call a fake a fake
• ETAutoTV: Interview with Mike Hawes, Chief Executive, SMMT, UK
• Tata Motors partners with Godrej LAffaire to demonstrate Tata Nexon EV
• Hyundai and Kia develop worlds first ICT connected shift system
• Open Manufacturing Platform expands with new members
• HMSI launches BS-VI compliant Honda Shine motorcycle, priced from Rs 67,857
• Ather Energy launches 450X electric scooter in four more cities
• Piaggio launches Ape E-city in Vijaywada at Rs 1.96 lakh
• India-US trade deal: The story so far
• Oil prices slide as coronavirus spread beyond China raises demand worries
• Kia recalls over 229,000 vehicles over possible fire risking problem
• He was my greatest mentor: Ratan Tata speaks about JRD Tata HBL
• XPulse Rally Kit now a reality HBL
• Coronavirus hit: Auto-part firms can hang on till March. The magic bullet is a drive beyond China. ET Prime
• After India, General Motors turns its back on ASEAN HBL
• Now, the Chinese beat a path to Andhra Pradeshs door HBL
• M&M-backed Porter in talks to raise funds HT MINT
• Mahindra Finance sees revival in auto demand by October HT MINT
• Hubei Province pushes back business restart to March 10 Nikkei Asian Review
• The 10 Best Jobs Working From Home For 2020 Forbes
• Things You Can Do To Prevent HR Screeners From Hitting 'Delete' Forbes
Industry
• China considering more action to boost consumption
• Context of Trump's remark was balance of trade, bid to address concerns: MEA
• India needs to invest $109 billion to halve its road crash fatalities in next decade: World Bank report
• China's Hebei province sets up $7 bln financing vehicle to shore up local economy
• RBI minutes: MPC members feel economy still hasn't bottomed out
• Award of fresh coal supply contract by government is positive for the power sector: ICRA
• Coronavirus may drag global GDP by 1 percentage point if containment delayed beyond June: Report
• Madhya Pradesh to bring law to fast-track clearances for industries
• France's Eramet freezes lithium mine project in Argentina
• Albemarle expects 2020 profit decline as lithium price drops
• China's virus-hit industrial cities start to ease transport curbs, restore production
Passenger Vehicle
• Volkswagen CFO set to leave in June 2021
• Thai Jan domestic car sales fall 8.2% YoY
• MG Motor India claims SUV Hector bookings cross 50,000 units
• Daimler slims down Mercedes management in efficiency drive
• Japan govt to work with carmakers, suppliers to minimise virus impact
• General Motors gets tax break for new plant next to factory it closed
• Renault shares fall after Moody's cuts its debt to junk status
• France steps up investigation around Carlos Ghosn
Commercial Vehicle
• Punjab vigilance detects tax evasion by transporters plying buses on long routes
• Mexican truck and bus output backfires on doubts over diesel rule
Aftermarket
• Japan's MUFG to invest 80 bln yen in Singapore's Grab
Tyres
• Italian tyremaker Pirelli maps route to margin growth
Oil & Lubes
• Oil firms on supply threats and easing demand woes
• Opec confirms March meeting date, ending Saudi-Russia tussle
• Malaysia to fully implement B20 biodiesel programme by mid-2021
• Most BPCL employees won't be impacted by privatisation, claims top official
 
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