Morning Daily - 2020-03-14

ETAuto Newsletter | Saturday, March 14, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Domestic passenger vehicle sales down 7.61% in Feb 2020, CVs dip 32.90%
• ETAutoCast: It's more than fleet size in the rent-a-car industry
• Slideshow: Making of the 2020 Hyundai SUV Creta - Hyundai Creta
Top Stories
• Tata Motors issues Covid-19 advisory for its employees
• Coronavirus impact: Auto companies in Spain forced to shutdown plants
• China's BYD says it's now world's largest face-mask maker
• Virus scare: Fiat Chrysler to keep two Italian plants shut until Wednesday
• Covid-19 impact: FM Nirmala Sitharaman ready to take action
• NHAI's debt has risen over 9 times since 2014-15
• A year of careful planning, a little help from vendors: how Maruti pipped rivals in the BS-VI race ET Prime
• Stock market investors lose Rs 46 lakh crore in 38 sessions; heres why
• RBI lowers single, group borrower limit for urban cooperative banks HT MINT
• Phantom Auto Readies Autonomous Vehicles For Delivery Center Work Forbes
• Hyundai Seeks Higher Electric Car Sales In Europe As Market Doubles Forbes
• How To Build A Strong Employer Brand And Draw In Better Candidates Forbes
• How To Prepare For The Coronavirus Work From Home Requirement Forbes
• Nissan goes all electric for new cars in Japan Nikkei Asian Review
• Two-wheeler dealers blame manufacturers for not providing helmets to buyers @businessline
• Driverless cars have arrived, and they all look like loaves of bread Automotive News
Policy
• Maha to make 80% jobs for locals in private sector mandatory
Industry
• Exports rise for first time in seven months
• RBI may cut rates by 25 bps before next meet: BofA
• Outspoken Tesla chief Elon Musk faces $1 billion trial, test of temperament
• Rupee rebounds 48 paise to 73.80 a dollar on RBI assurance
• Exports of 1,945 products to US grow by 5 per cent in June-December sans GSP incentives
• UBS cuts India GDP growth forecast to 5.1% for FY21.
• MG Motor shortlists Driftly Electric for enabling EV start-up ecosystem under its Developer Program & Grant
• Rupee reclaims lost ground, spurts 36 paise in mid-session
• Colour blind may get licence to drive
• Government approves Rs 7,660 crore green highway project in four states including UP
• Economy's fate now depends on coronavirus, not govt policies: Swaminathan Aiyar
• RBI says will take all necessary measures to keep markets stable
• Develop an app or portal for road users to report potholes: Parliamentary panel
• Indonesia to support economy with $8 bln stimulus to counter virus impact
Passenger Vehicle
• Tesla chief Elon Musk's trial postponed due to coronavirus
• Covid-19: Toyota to resume normal operations at Guangzhou in China next week
• GM, Ford to have white-collar employees work remotely starting Monday
• Czinger 21C supercar unveiled with 3D printed parts
• Covid-19: Toyota Kirloskar says it has taken measures to safeguard customers, employees
• Volkswagen says Tesla has 10-year start in electric cars
Commercial Vehicle
• COVID-19: Buses from other states will also be disinfected in Delhi
• Centre mulls aid for Delhi government to start pink buses
• Hydrogen-CNG buses likely to hit Delhi roads from next month
Aftermarket
• Drumbeat of coronavirus outbreak starts to hit U.S. auto dealers
• Uber's gig model mutates to meet virus challenge
• China's Didi sets $10 million fund for drivers who test positive for coronavirus
• Lookers COO Cameron Wade steps down after less than two months in the role
• Tata Motors launches safety campaign across India
• Russia's Yandex has ambitions for global robotaxi fleet
Auto Components
• London zinc rises on hopes for US stimulus, but set for 4th weekly fall
• Li-ion cell fabrication workshop conducted for component companies
• China says Hubei's auto parts makers resuming operations in orderly manner
Auto Technology
• Volkswagen hopes new software will banish accidents by 2050
Automotive
• Polaris India ventures into agri segment with Sportsman 570 tractor
Oil & Lubes
• Crude oil bounces 5% but set for biggest weekly thumping since 2008
• Petrobras cuts Brazil gasoline prices by near 10%
• OPEC and how it has dealt with oil price crashes
• Bizmen urge govt to reduce petrol, diesel prices
 
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