Morning Daily - 2020-02-22

ETAuto Newsletter | Saturday, February 22, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• ETAutoTV: Interview with Pawan Munjal, CMD & CEO of Hero MotoCorp
• 7 events coming to reshape the Indian heavy truck market - AutoLogue by Dinesh Kr Jain
• Agriculture 4.0: The savior for the global agriculture
• Global automotive pressure sensor market to grow to $614.21 million by 2024
Top Stories
• The Rs 43,000 crore opportunity buried under vehicle scrappage policy
• Ashok Leyland delivers first batch of modular platform vehicles with BS-VI technology
• Dieselgate recall of more Mercedes vehicles likely
• Coronavirus outbreak unlikely to impact company's transition to BS-VI regime: Ashok Leyland
• Valeo R&D expenditure contracts in 2019 on cost savings
• Volkswagen India opens dealership in Chennai
• Maserati names its super sports car as MC20
• Coronavirus hit: Auto-part firms can hang on till March. The magic bullet is a drive beyond China ET Prime
• China car sales tumble 92% in first half of February on virus
• Rocky Mountain Institute and Micelio collaborates with Karnataka government for urban Mobility Lab
• Tesla made a big leap in one of the car industry's most important rankings Business Insider
• SPICs units to be shut till March 31 HBL
• Sluggish CV market: Daimler India reports 36% fall in truck sales in 2019 HBL
• All you need to know about Teslas quirky anti-handbook HBL
• Selling Cars in China Is Worse Than Making Them Bloomberg.com
• Lucid Motors Can Coexist with Tesla, Need to Raise More Funding: CEO Rawlinson Bloomberg.com
• US pushes Japan Inc. to pay taxes on IP profit from America Nikkei Asian Review
• Electric Automobile Transmission Market End-use Sectors Analysis 2019-2026 Instanttechnews.com
• Malaysia revamps auto policy with third national car in mind Nikkei Asian Review
• Self-driving car companies complain California test data may mislead Automotive News
• Why venture capital wants both automaker experience and start-up agility Automotiveworld.com
• Megatrends introduce uncertainty into supplier strategies Automotiveworld.com
• How To Introduce Yourself When You Have Lots Of Experiences - Five Steps To A Concise Elevator Pitch Forbes
• Want To Retire Early? Follow These 10 Expert-Recommended Tips Forbes
Industry
• Farm loan waivers add ? 60,762 cr to state-run banks bad loans in Q3
• JSW, ArcelorMittal chase Odishas steel promise
• Will make tremendous trade deal with India: Trump
• Recovering factories keep UK economy on track in February
• NCAER pegs FY20 GDP growth at 4.9%
• Forex reserve surges by $3.09 billion to record $476.09 billion
• CSC e-Governance to take MSME Ministry schemes to rural India
• From coal to cars - what big data is China tracking to put virus-hit businesses back on track?
• China says Jan-Feb trade to take sharp hit from virus outbreak
• Rupee slides 10 paise to over 1-month low of 71.64 against US dollar
• Deutsche Bank boosts loans to cash-strapped tycoons in India
• Raising insurance coverage to 90% to help cut exporters' cost: SBI chief
• Coronavirus may sideswipe Chile, Peru and Brazil economies, leave Mexico unscathed
• Albemarle says Chinese lithium output dented by coronavirus
• Livent Corp expects lower profit in 2020 on weak lithium prices
• Bill Gates-led fund invests in making lithium mining more sustainable
• Coronavirus: Companies need to rethink existing supply chain route
• Challenges keep Tata Sons N Chandrasekaran on his toes
• Japan's factory activity shrinks at fastest pace since 2012 on coronavirus impact
• Coronavirus impact: Serbia offers to help Chinese companies to ease project delays
• China steel, iron ore futures rise after rate cut, drop in virus cases
• U.S. manufacturers scramble for costly alternatives as coronavirus cuts Chinese supplies
• Govt releases Rs 19,950 crore GST compensation to states
Passenger Vehicle
• Tesla resumes tree cutting in Germany to build Gigafactory
• Toyota plans partial output resumption at all four China plants
• General Motors launches new electric vehicle in China
• Daimler warns of "significant adverse effects" of virus outbreak
• China's Geely starts online auto sales as virus epidemic keeps buyers at home
• Nissan, Honda delay restart of some China plants due to coronavirus
• Honda delays plans to restart operations at Wuhan plant to March 11
• BMW aims to grow global sales despite cutting emissions goal in Europe
• Tesla gets court approval to clear forest for German Gigafactory
• Brazil looks to attract carmaker Tesla to open a plant in the country
• Jaguar Land Rover shelves plan to sell bonds to raise cash
• Volkswagen to resume talks over German class action on emissions
Commercial Vehicle
• Over 15 electric vehicles to ferry Trump to Taj
• Mexico ratifies rule requiring trucks, buses to run on cleaner diesel
Aftermarket
• New York ordered to pay $810 million to debt-hit taxi drivers
• Paytm Bank partners with Ola, Uber for FASTags to 1 lakh
Auto Components
• Magna International profit beats, reaffirms 2020 sales outlook
• Virus outbreak to hit auto component sector: Crisil
• Valeo eyes strong 2020, says its plants outside Hubei province restart production
Auto Technology
• Russian driverless tech company Cognitive Pilot sets sights on IPO
• RMI, Micelio and Govt of Karnataka launch 'Urban Mobility Lab' in Bengaluru
• Mercedes causes stir by reinventing the steering wheel
Oil & Lubes
• Asia Fuel Oil-VLSFO crack sinks to fresh low as low demand, high supply weigh
• Adani Gas gets oil regulator nod for demerger, stake sale to Total
 
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