Morning Daily - 2020-02-26

ETAuto Newsletter | Wednesday, February 26, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Unlike BS-III, no mega spell of discounts expected on BS-IV vehicles; transition to make a smooth landing
• How Digitalisation is impacting entire automotive value chain?
Top Stories
• Harley has to pay huge duty in India, Trump revives import duty debate
• Great Wall Motors to launch mass-market SUVs in 2-3 years
• Tata Motors board approves plan to raise Rs 500 crore through NCD issue
• Madhya Pradesh launches unified vehicle registration card
• Trade deal with tariff king India by year-end: Trump
• Project Vector: Jaguar Land Rover begins autonomous car trials BBC Science Focus Magazine
• India and US ink 3 pacts; decide to take ties to comprehensive global partnership
• EBRD Loans 15 million to Varroc Morocco to to Boost Automotive Sector Morocco World News
• Geneva car show organisers urge exhibitors to make health checks
• Coronavirus hit: Auto-part firms can hang on till March. The magic bullet is a drive beyond China ET Prime
• USD 5 trillion economy too idealistic: Niti Aayog official
• Bajaj Auto to develop low-cost electric scooter for start-up Yulu Www-moneycontrol-com.cdn.ampproject.org
• ExxonMobil-IndianOil pact will address consumers not served by pipelines HBL
• Grab raises $850 million to expand into finserv sector HT MINT
• Virus outbreak fires up Indias stranded gas-fuelled projects HT MINT
• Winning the race for talent: A road map for the automotive industry Automotiveworld.com
• Pirelli reduces tyre development time with new VI-grade STATIC simulator Race Tech Magazine
• Tesla and Panasonic end joint solar cell production Nikkei Asian Review
• South India's first International Centre for Automotive Technologymay come up in Andhra Pradesh The New Indian Express
• Daimler braces for higher Mercedes diesel costs Automotive News Europe
• Council Post: Automation And The Life Cycle Of A Job Forbes
• The Disappointing Truth About Employment Climate For Disabled Workers Forbes
• If It Is Broken, Fix It: Why We Need HR To Take Risks In Building Next Generation Of Leaders Forbes
Industry
• China struggles to revive manufacturing amid virus outbreak
• US President tells India Inc to invest billions, promises to cut more regulation
• Cube Highways plans InvIT to sell a part of its road assets
• $1 trillion loss if Coronavirus infects world economy
• RBI announces two LTROs on March 2 and 9
• View: Rupee may hit 72.50 level in the short term
• Slowdown in bank lending may bottom out this fiscal: Crisil
• India and US to start negotiations for "big trade deal": PM Modi
• Incredible trade deal on cards with tough negotiator Modi: Donald Trump
• Accidents happening due to bad roads: Madras High Court warns NHAI
• Top 50 NBFCs' asset-liability status under RBI lens: Shaktikanta Das
• India's economy likely grew 4.7% in December quarter
• Foundry sector records 10%-15% drop in demand due to poor tractor sales
• We would see a very different banking sector in years to come: RBI governor
Passenger Vehicle
• Fiat Chrysler says cornonavirus outbreak hasn't halted Italian production
• Chinese EV maker Nio in talks with Hefei on funding, plants
• Hyundai to pass BS-VI upgrading cost to consumers in phases
• GM rolls out 3 million vehicles from its newest plant in US
• Tesla Model Y delivery to commence in March 2020
• Ford India launches BS-VI compliant Endeavour SUV, priced from Rs 29.55 lakh
• Renault files civil claim against Ghosn
• A hard Brexit detrimental to Nissan in Europe
Commercial Vehicle
• New Isuzu D-Max scores 5-star rating in ASEAN NCAP crash test
Two Wheelers
• Reduce duty on Harley Davidson to nil: Report
• At Rs 1.8 lakh, Husqvarna Svartpilen 250 and Vitpilen 250 priced close to KTM Duke 250
Aftermarket
• Ride-hailing increases emissions, contributes to climate pollution: Study
• Spanish construction giant Ferrovial to launch all-electric car-sharing service in Paris
• Former legal head of Ola joins PE firm Myanmar Strategic Holding as legal head
• Isuzu Motors India opens dealership in Gujarat
• IOC to set up EV charging stations across Kerala
Auto Components
• Lumax Auto jumps 7% on Rs 150 crore acquisition
Auto Technology
• New algorithm to prevent self-driving cars from bumping into each other
Auto Finance
• Bengaluru social enterprise to finance e-auto rickshaw adoption
Automotive
• Deere taps tractor-hailing tech in bid to break ground in Africa
• John Deere India receives BS-V certification for engine
Oil & Lubes
• Oil and gas imports from United States set to increase
• India's import of US oil jumps 10-fold to 2,50,000 bpd
• Oil steadies above $56 as supply constraints counter virus fears
• Shell introduces advanced fleet management solutions in India
• Opec+ should not be complacent about coronavirus: Saudi energy minister
• Crude oil futures up on spot demand, global cues
• Need sugar-ethanol price parity in India to achieve 10% blending: Expert
• Saudi Aramco to shut its largest oil refinery on June 1 for 5-6 weeks
• Saudi Aramco CEO expects coronavirus impact on oil demand to be short-lived
• Crude oil bounces as investors hunt bargains; coronavirus fears cap gains
 
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