Morning Daily - 2020-03-05

ETAuto Newsletter | Thursday, March 5, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• VECV's April production likely fall if spread of coronavirus continues
• Tata Power aims to expand EV charging stations with Tata Motors dealers and group entities.
Top Stories
• VE Commercial Vehicle to go ahead with Bhopal plant investment, production to begin in April 2020
• Tata Motors may need to retune plans to grow production, share
• Production of diesel vehicles may fall to lowest in a decade HT MINT
• Indian auto makers may start getting Chinese supplies soon
• Parliamentary panel recommends creation of market intelligence cell for MSMEs
• Daimler says cost cut plans may see entire platforms eliminated
• Fiat Chrysler sees more models based on electric 500 platform
• Suzuki Motorcycle India launches BS-VI compliant Gixxer series, priced from Rs 1.11 lakh
• Competition in premium bikes to weigh on Eicher Motors' stock Livemint
• Company law will soon be cleansed of criminality HBL
• Govt gives partial relief to independent directors from prosecution HBL
• IBM BrandVoice: How AI Is Driving The New Industrial Revolution Forbes
• Toyota, Honda, Hyundai rack up gains in Feb Automotive News
• Tesla's quiet chip downgrade sparks anger in China Nikkei Asian Review
• Disruption can lead to unforeseen opportunities, says Schwarzman HT MINT
• Council Post: The Importance Of Setting Yearly Goals In Your Company Forbes
• Ladies: You're Never Going To Achieve Work-Life Balance - It's All A Sham Forbes
Policy
• Kochi: Transport authority to issue permits to CNG, LNG, LPG and e-vehicles only
Industry
• India services growth at over seven-year high on strong export demand
• EU imposes tariffs on Chinese steel wheel imports over dumping
• Global growth to 'dip below' last year's rate: IMF chief
• Promote electric vehicles in Bihar: Nitish Kumar
• Rupee closes flat at 73.19 after 74 paise swing
• How Fed rate cut changes equation for Indian money market, treasuries
• Centrica, Volkswagen agree three-year deal for electric vehicle home charging
• China to boost support for transportation, logistics firms: State media
• Nikola Corp to go public at over $3.3 billion valuation
• Odisha records 11% growth in GST collection
• Nickel futures gain on positive demand
• Global aluminium producers offer Q2 premiums of $98-$105/T
• Maruti Suzuki, Suzuki Motor Corporation join hands with IIT Guwahati for technical training
Passenger Vehicle
• China's passenger car sales fall 80% Feb on coronavirus epidemic
• PSA's upscale DS brand says it has secure future within merged group
• Toyota recalls 3.2 million vehicles worldwide over fuel pump problem
• Hyundai joins Kia in another recall to prevent engine fires
• No auto show in Geneva, but the Car of the Year must go on
• Volkswagen India launches BS-VI variants of Polo & Vento
• Bentley says Brexit priority is auto deal with Europe, not the U.S.
• Only green addicts buy electric cars: Peugeot CEO
• Peugeot ready to adjust Huawei partnership if U.S. demands
• BMW, Daimler aim 20% emission cut in 2020 with new EVs
• UK carmakers seek alternatives to China suppliers to cushion coronavirus hit
• BMW says coronavirus hit China sales but sticks to 2020 global target
• Bentley unveils Bacalar, a two-seater grand tourer
Commercial Vehicle
• Pre BS-VI buying has not happened so post-April demand should not contract: VECV CEO
• To check monopoly in transport sector: Punjab to issue 5,000 new mini bus permits to youth
• French agency to take up Kolkata e-bus as case study
• Covid-19: Thiruvananthapuram puts a pause on Smart Citys e-auto scheme
Aftermarket
• Uber partners with Breakthrough to launch campaign on violence against women
• Coronavirus is not impacting ride-hailing demand: Lyft CFO
Auto Components
• GM unveils long-range battery in fresh electric car push
• Valeo launches universal flat wiper blades in India
• BorgWarners to launch new high-voltage coolant heaters for PVs in 2021
• Platinum market to remain in surplus in 2020 despite auto rebound: WPIC
• WABCO India to adjust production at plants due to poor demand
• Daimler CEO says no issues with supplies of electric vehicle battery cells
Auto Technology
• Mumbai-Pune hyperloop project still on cards: Eknath Shinde
Auto Finance
• Maruti Suzuki ties-up with HDB financial services to provide car loans
Oil & Lubes
• Virus fears slash crude prices, and thats good for many cos
• Opec pushing Russia to support big oil cut amid coronavirus
 
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