Morning Daily - 2020-03-21

ETAuto Newsletter | Saturday, March 21, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Top 10 PVs sold in February 2020: Swift takes top spot, Venue enters the list
• Top 10 selling two-wheelers in Feb 2020: Honda Activa retakes prime spot
• Japanese Tractor maker Kubota acquires a 10% stake in Escorts
• Three megatrends in auto industry driving NXP's R&D: Sanjay Gupta, NXP India Head
Top Stories
• Covid-19: Tata Motors to scale down activity at Pune site; may consider plant closure
• Hero MotoCorp appeals to Supreme Court seeking three-month extension of BS-IV registration
• Petrol, diesel price would be drastically lower sans govt's greed for revenue
• Tata Motors-owned Jaguar Land Rover suspends production in UK amid coronavirus pandemic
• I see no grounds for deadline extension: Rajiv Bajaj
• Covid-19: Bike companies offer record discounts to liquidate BS-IV inventory
• A year of careful planning, a little help from vendors: how Maruti pipped rivals in the BS-VI race ET Prime
• Coronavirus: RBI to inject Rs 30,000 cr liquidity into market next week
• Truckmaker Volvo to put all 20,000 Swedish staff on temporary lay off-scheme
• Apollo Tyres senior management takes pay cut
• GM to lend its auto factories to support production of ventilators in coronavirus fight CNBC
• 50% of Toyota staff get WFH HBL
• Pandemic forces Japan carmakers to slash global output 30% Nikkei Asian Review
• No plans to cut jobs: Motherson Sumi HBL
• Companies, LLPs asked to submit Covid-19 state of readiness form HBL
• Coronavirus impact: Companies decide to cut salaries and perks HT MINT
• These People Own The World's Most Unique Classic Cars Thethings.com
• Auto dealers introduce new ways to shop for cars amid coronavirus shutdowns Cbs6albany.com
• The Most Valuable Skill In Difficult Times Is Lateral Thinking - Here's How To Do It Forbes
• Invisible Disabilities: Break Down The Barriers Forbes
Policy
• Kerala: Government depts to hire only e-vehicles
• Covid-19: Services at RTOs to be curtailed
Industry
• Covid-19: Formula One teams plan to build medical equipments
• Coronavirus impact: Govt mulls late repayment of loans for MSMEs
• NBFCs seek more time, one-time recast of all NPAs
• Bloodbath in Dalal Street halts; Sensex zooms 627 points, Nifty tops 8,700
• Tata Group to fully compensate temporary staff amid COVID-19 outbreak: N Chandrasekaran
• Coronavirus impact: Plant shutdown to cut Europe, America's auto production by 1.44 mln
• US auto industry backs tax relief, delaying USMCA start after coronavirus
• India Inc suggests measures for the impact of Covid-19
• Covid effect: Forex reserve falls by $5.3 billion in a week
• Auto may get hit due to Covid-19: Piyush Goyal
• Rupee drops by 8 paise to fresh record low of 75.20 vs dollar
• Coronavirus pandemic to leave behind a global recession: Anand Mahindra
• Timings of Delhi govt's free disinfection drive for vehicles extended
• Coronavirus: Over 50% of India Inc sees impact on ops, 80% witness fall in cash flow
• ICC appeals govt to provide relief to businesses amid COVID-19 outbreak
• 71% of small businesses see demand fall: Survey
• Coronavirus impact: Copper hits lowest since Jan 2016
• Aluminium maker Hydro slashes output for auto, construction as virus spreads
• Banks face liquidity strain as corporations tap revolving credits
• Covid-19: World's governments draft manufacturers for virus treatment arsenal
• German manufacturing expectations record fastest-ever plunge
• Covid-19: Package to support economy in the works
• China to ramp up spending to revive economy, could cut growth target
• Global economy already in recession on coronavirus devastation
Passenger Vehicle
• Coronavirus fight: Volkswagen tests ventilator output
• Covid-19: Fiat, Toyota, Renault latest to announce auto production halt in Brazil
• Tesla's China car registrations fall 35% MoM in February
• Hyundai announces measures to contain the spread of Covid-19
• Maruti Suzuki launches new Dzire, price starts from Rs 5.89 lakh
• Carmaker Bentley to suspend production for four weeks over coronavirus
• Covid-19: Renault board to meet, discuss crisis
• Covid-19: Ford to suspend production in Brazil, Argentina
• Covid-19 impact: Tesla suspends production at U.S. vehicle factory
• NTSB blames drivers, Tesla, lax regulations in Florida crash
• Corona scare: Toyota extends North America production shutdown through April 3
Two Wheelers
• Royal Enfield sells all existing BS-IV motorcycles
Aftermarket
• Ola temporary suspends share rides
Auto Components
• China steel, copper inventories dip as demand recovers from virus
• Italian car parts maker Marelli to halt production in Europe next week
• Autoliv to cut cost amid coronavirus impact, draws $500 mln from credit
• Bearings maker SKF cuts production in automotive unit amid coronavirus fallout
 
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