Morning Daily - 2020-03-17

ETAuto Newsletter | Tuesday, March 17, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Coronavirus impact: Some state authorities ask auto dealers to shut operations
Top Stories
• For Tata Motors, situation is improving in China, but world's in trouble: Group CFO
• Must meet BS-IV registration deadline: Centre to state governments
• Working on premium SUV, MPV: Hyundai Motor India
• SIAM moves Supreme Court seeking registration of BS-IV vehicles till Mar 31
• Tata CEOs to put on thinking caps to review 2021 strategy
• Truck makers find it hard to offload pending BS-IV stock
• A year of careful planning, a little help from vendors: how Maruti pipped rivals in the BS-VI race ET Prime
• Hyundai launches new Creta SUV, priced at Rs 9.99 lakh
• Honda 2Wheelers claims to sell over 5.5 lakh BS-VI models in India
• Former Jamna Auto CFO Pankaj Gupta joins EV startup
• Oil slumps below $30/bbl as coronavirus spreads, Opec rancor remains elevated
• Bosch Power Tools India appoints Nishant Sinha as Regional Business Director, India & SAARC
• JSW Steel misses deadline to pay Rs 19,700 cr for BPSL buy HBL
• Gateway to shell out $100 m for stake in TVS Supply Chain HBL
• Sensex falls 2,100 points, Nifty below 9,500 leaving stock market in red
• Automakers brace for sales washout in June quarter HT MINT
• Hyundai optimistic on demand for diesel vehicles despite new emission norms HT MINT
• India may top up strategic tanks with Saudi, UAE oil HT MINT
• European carmakers shut down plants on Covid-19 emergency Livemint
• Automakers Dodged Parts Shortage, but Virus Poses New Threat Nytimes.com
• Thailand's rush to cut emissions leaves automakers in the dust Nikkei Asian Review
• Chinese carmakers snap up talent from Germany's fading Opel Nikkei Asian Review
• Prolonged Coronavirus Epidemic In U.S. Could Send Auto Industry Into 14% Downturn, ALG Says Forbes
• U.S. Auto Sales, Post Pandemic: Even The Best-Case Scenario Is Still Pretty Bad Forbes
• Canadian auto output continues amid coronavirus outbreak, but for how long? Automotive News Canada
• Dealership closures begin; states, cities could force more Automotive News
• Five HR Strategies To Amplify The Employee Experience In 2020 Forbes
• Getting Employees Onboard With Digital Transformation Forbes
Policy
• Coronavirus: Delhi government mandates sanitisation paper must for interstate buses
Industry
• India Inc may put hiring on slow track
• Coronavirus outbreak will set back Indias economic growth recovery
• Rupee plunges 50 paise to 74.25 amid coronavirus uncertainty
• India Inc fears coronavirus to pull down GDP by at leat 50 bps
• IMF says ready to mobilise $1 trillion in lending capacity
• 6 lakh MSMEs restructured, coronavirus offers opportunity to Indian industries: Gadkari
• RBI to conduct another dollar/rupee sell-buy swap on March 23
• Five months since new Motor Vehicles Act, road accidents come down by 10%
• Magenta Power to roll out street-lamp integrated EV chargers
• Exporters hard hit by impact of coronavirus on global trade, seek urgent relief from govt
• Coronavirus: Construction, transport manufacturing to be worst-affected
• UK manufacturing slid before coronavirus crisis escalated
• China's industrial output skids as virus paralyses factories
• London copper falls as Fed's emergency cut fails to allay virus fears
• China Jan-Feb aluminium output rises 2.4% YoY despite demand hit from coronavirus
• The current and future state of electric vehicles globally: Audio interview
• China Jan-Feb steel output rises 3.1% despite coronavirus disruptions
• COVID-19: CAIT urges insurance cover for disrupted business
• On spot fines now in force by Delhi Police, driving habits may change
• Commercial PM count down by 95% due to FASTag implementation
Passenger Vehicle
• Make us ventilators to fight coronavirus, UK asks Ford and Rolls Royce
• US car buyers may get a break on loans as coronavirus threatens auto sales
• Volkswagen's Portugal plant reduces output by 16% due to coronavirus
• China's Great Wall cuts 2020 sales and profit targets due to coronavirus
• Maruti Suzuki expands commercial portfolio with new Tour range
• Renault launches BS-VI compliant Duster SUV, price starts at Rs 8.49 lakh
• Fiat Chrysler halts production at most European plants for two weeks
• Covid-19 impact: Volkswagen says preparing to suspend production at Bratislava plant
Commercial Vehicle
• Bajaj Auto launches BS-VI range of three-wheelers
• Bollinger Motors reveals its electric truck platform
• Covid-19 scare: Bus drivers, conductors demand safety equipment
Two Wheelers
• E-scooter maker Vmoto's manufacturing facility remains fully operational despite Covid-19 outbreak
Aftermarket
• App-cab drivers demand better facilities amid Covid-19 fear
Auto Components
• Coronavirus outbreak may rein in India's steel price rally
• Now made in Mexico: Japan auto suppliers shift China production after coronavirus
• Continental launches 3D display for Hyundai Genesis GV80
Oil & Lubes
• Oil prices jumped $1 as recent sharp falls draw investors
• Government tables notifications on excise duty, road cess rise on petrol, diesel
 
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