Morning Daily - 2020-03-09

ETAuto Newsletter | Monday, March 9, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Anand Group focusing on technology driven growth: Deepak Chopra, CEO
• Employing women is not just tokenism, but a good business call: Rajeev Chaba, MG Motor
• ETAutoTV: We will bring a global electric scooter in India: YS Guleria, Senior VP, Sales & Marketing, HMSI
Top Stories
• Volkswagen expects SUVs to account for at least 60 per cent of sales by 2024
• As one of China's Detroits reopens, world's automakers worry about disruptions
• Coronavirus could end auto shows, once and for all
• Petrol, diesel prices cut for fourth straight day
• Toyota to replicate Maruti Suzuki India's low cost model HT MINT
• HMSI plans local production of some big bikes from next fiscal
• Govt invites bids for sale of BPCL
• SiLC Technologies raises $12 million deliver LiDAR solution for autonomous vehicles, AR
• Self-driving electric vehicles can make your cab rides free
• Network, localisation, pricing keep Maruti unchallenged. Amid slowdown, rivals sit on the fence. ET Prime
• Crude oil price war brings good tidings for India HT MINT
• Kovind presents Nari Shakti Puraskar to automotive engineer The Siasat Daily
• Consumption likely to show an uptick in two-three months: Sunil Munjal HBL
• Italy's Coronavirus Crisis Started At German Car Parts Firm Webasto, Once Touted As Success Story, Report Says The Inquisitr
• Suddenly, Detroit is where the action is for plant investments Automotive News
• Daimler CEO warns against rash actions as virus cases rise Automotive News
• Don't Believe The Electric Car Hype: A Grim Trip To One Of The Biggest Auto Malls In The U.S. (Or: This Is Why Tesla Is Winning) Forbes
• Industry calls for EV tax cut after new car market's February decline Motor1.com
• How To Keep Your Job Search Going When Hiring Slows Down Forbes
Policy
• E-invoicing under GST may be deferred
Industry
• Coronavirus impact: Auto companies pay dearly for imports
• Tata Steel to cut China dependence for key inputs
• SK Munjal positive on Indian regulatory framework
• Default by some NBFCs on secured debentures pushes Sebi to introduce reforms
• Working towards developing Odisha into manufacturing hub of South Asia: CM
• No promises regarding steel and aluminum tariffs on Brazil: Trump
• Rourkela Steel Plant registers record production in Feb
• China Jan-Feb exports tumble, imports down as coronavirus batters trade and business
• Now, India Inc employs 26% women, up from 19% in 2016
• Review speed limit move: SC road safety panel to Punjab
• US trade deal to push India's exports: Piyush Goyal
• Hyderabad: Registration rush leaves RTA bursting at seams
• IL&FS seeks extension of bid validity for 5 road projects facing Rs 10,500 crore debt
• German coronavirus cases jump, economic anxiety rises
• For Elon Musk, coronavirus panic is just 'dumb'
• Women cab drivers of Delhi NCR breaks stereotypes
• No testing times on Amritsar automated tracks for licence applicants
• Rs 3,500 crore for 500 km coastal road till Goa
• Highway projects: Resolve compensation issues of farmers, Rajasthan CM tells officials
• International Automobile Federation 'crisis cell' to meet every two days to discuss coronavirus
• We are in the tail end of modest slowdown of the economy: NITI Aayog Vice Chairman
• Deployment of sustainability initiatives in auto industry is fragmented: Capgemini
• Coronavirus: Has it thrown up an opportunity in crisis for India Inc?
• Not easy for entrepreneurs to avail bank loans: Nitin Gadkari
• Digital architectures expanding reach of credit to MSMEs: RBI Governor
• FASTag transactions touch 69% in Karnataka
• 66% manufacturing firms pick big data as top investment priority: Study
• Mexico's auto production rises in Feb, but exports fall
• Europe is the auto industrys one bright spot thanks to EVs
• Tata Steel, JSW raise steel price by Rs 500-800 a tonne
• Transporters say higher rates to hit customers
Passenger Vehicle
• Top investor says Tesla is better run after leadership shuffle
• Tesla sent incomplete injury reports, California regulator says
Commercial Vehicle
• MSRTC gets Rs 401 crore to buy 16,000 buses
• SC wants BS-VI heavy vehicles for Delhi civic agencies
• Rs 200 crore set aside for city bus service in next 5 years
Aftermarket
• US ride-hailing companies to compensate drivers affected by coronavirus
• Vogo eyes revenue run rate of USD 120 million, bets big on EVs
• Telangana: Cash-strapped TSRTC not getting cargo orders
• e-taxis to help Delhi breathe better
Auto Components
• ArcelorMittal fears sales, profitability getting impacted in 2020 on coronavirus spread
Tyres
• Ceat launches a limited edition colorful Zoom RAD tyres
Auto Technology
• Self-driving cars can easily mimic human drivers
Oil & Lubes
• Shriram Transport signs MOU with Indian Oil Corporation to offer fuel credit to its customers digitally
• Maharashtra: Additional VAT on fuels to burn hole in citizens pockets
 
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