Morning Daily - 2020-03-12

ETAuto Newsletter | Thursday, March 12, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• BS-VI supplies likely to get impacted due to Covid-19: SIAM
Top Stories
• Hero MotoCorp's Pawan Munjal invests $1 million in Ola Electric Mobility
• Hyundai to maintain diesel fleet for cab operators post BS-VI switch
• Tata Motors stock in double digits after 11 years
• Petrol price cut by Rs 2.69, diesel by Rs 2.33 per litre in Delhi
• NHAI to allow private players to open new escrow accounts
• Mahindra & Mahindra inks pact to buy 13 per cent more stake in associate
• Coronavirus: BMW India says supply chain sorted till June
• Road deaths decreased in 2019, new MV Act may have helped
• BS-VI fuel transition to be smooth, most of the retail outlets already dispensing: Indian Oil Corporation HBL
• SBI cuts lending rate, auto loan EMIs to fall Livemint
• JSW registers 5% growth in crude steel production in Feb HBL
• Coronavirus poses threat to China's electric vehicle goals Ft.com
• The oil industry doesn't want to be bailed out by Trump Erienewsnow.com
• Optima Makes Car Batteries Fun With Busy Social Media Feed Forbes
• China's Changan to start mass-producing autonomous car Nikkei Asian Review
• Toyota halts pay raises for first time in 7 years, joining Nippon Steel Nikkei Asian Review
• Infiniti taps Colleran as new global chief Automotive News
• Tesla is eyeing Nashville for Cybertruck gigafactory TechCrunch
• Council Post: Seven Benefits Of Gamification In The Hiring Process Forbes
• ServiceNow BrandVoice: Three Steps To The Perfect Workflow Forbes
Industry
• Rupee recovers 49 paise on weaker crude, dollar
• Coronavirus raises fears of U.S. auto sales slowdown, but production not suffering yet
• MSME losses skyrocket sharply over one quarter
• Busiest U.S. port for China trade says coronavirus hits volume
• View: Rupee may fall to 74.50 in the short term
• Adani Enterprises wins Rs 1,546-cr project from NHAI
• Nirmala Sitharaman to meet heads of merging banks on Thursday
• Goa likely to lower certain fines for traffic violations
• Over 600 challans issued for drunken driving on Holi in Delhi
• Drunk driving cases in Mumbai dip by 35% this Holi
• Covid-19 Impact: For manufacturers, work from home doesn't work
• Indias economic problems have nothing to do with the virus: Chris Wood
• WTO suspends all meetings after staff member contracts coronavirus
• Autoworkers hope to repeat Biden's Michigan magic vs Trump
• Nashik: Most road accident fatalities between midnight & 6 am
• Albemarle expects weak first quarter in China due to coronavirus
• Copper rises on stimulus hopes, unabating coronavirus spread caps gains
• China's CNMC to transfer Africa copper, cobalt assets to engineering arm for $1.1 bln
• Japan Inc scraps corporate joining events due to virus
• Euro zone economy slowed in fourth-quarter, imports jump
Passenger Vehicle
• Elon Musk wants to build mega rave cave under Tesla's German Gigafactory
• Honda resumes limited output at car plant in virus-hit Wuhan, China
• Morgan Stanley sees 9% U.S. car sales dip from coronavirus
• Coronavirus piles pressure on Europe's stricken auto industry
• Mexico car production at risk as coronavirus hits Chinese suppliers: Officials
• VW's Spanish unit Seat considers temporary layoffs in Barcelona as coronavirus spreads
• Fiat Chrysler might temporarily close Italy plants in response to virus
• Tesla's production of electric vehicle reaches 1 million
• Nissan, PSA plan to resume production in Hubei sometime this week
• New Creta SUV receives 10,000 plus bookings: Hyundai
Commercial Vehicle
• Now, track MTC buses on phone with Chalo app
Two Wheelers
• Bajaj Auto launches Dominar 250, priced at Rs 1.6 lakh
Aftermarket
• Uber-B. PAC report for policy tweaks
• Tata Motors launches Saarthi Aaram Kendra for truck drivers at Udaipur
• Uber may temporarily suspend accounts of riders, drivers with coronavirus
• BLive launches electric vehicle tourism initiative in Ooty
Auto Components
• Coronavirus impact: Supply in parts, delays in full
• ZF forms joint-venture with Wolong Electric Group for electric motors and components
Oil & Lubes
• Fall in crude prices may impact oil exploration firms more than OMCs
 
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