Morning Daily - 2020-05-18

ETAuto Newsletter | Monday, May 18, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• ETAuto Exclusive: How are luxury car makers fighting Covid-19 blues?
• Escorts delays opening of new JV plant due to Covid-19
• Long term reforms more important than economic package to revive auto sector demand: Vipin Sondhi
• Electric vehicles to take a back seat in India
• MSME stimulus package fails to address employee welfare issues
• ETAutoTownhall with Vipin Sondhi
• ETAutoLogue: How India can be self reliant as it moves to clean mobility
Top Stories
• $5 billion cash reserves keep Maruti Suzuki on the road in Q4, FY20
• Stimulus package has done nothing to spur demand, says Maruti's Bhargava Businesstoday.in
• Automakers eye small car resurgence in Covid era
• Pushed to wall, may take vehicles off the road: Transporters
• Automobile manufacturers rely on discounts, finance schemes to spur demand
• Maruti Suzuki to resume operations at Gurugram plant from Monday
• Nissan Motor appoints Peyman Kargar as Chairman of Infiniti Motor company
• Lockdown in India extends till May 31
• People will shun shared mobility after the lockdown: whats shaping sales strategy at Hyundai ET Prime
• Vehicles with non-functional FASTag to be charged double toll fee: Government
• Ford Mustang Mach-E can run 119 km with 10 minutes charge
• 62% Indians to ditch Ola, Uber: Survey
• Automation spikes as virus keeps staff home HT MINT
• Firms await states directions to resume activity in lockdown 4.0 HT MINT
• India Inc urges further easing of restrictions HT MINT
• Mahindra group open to hiring civilians who join Army under three-year scheme HT MINT
• E-commerce is finally coming to cars Livemint
• What You Need To Know About Buying A Car In A Pandemic Forbes
• How To Make Sure That Employee Analytics And Monitoring Doesn't Destroy Your Employee And Customer Experience Forbes
• What Do Your Perks Say About Your Company Culture? Forbes.com
• Trump to tour Ford's ventilator assembly plant on Thursday Automotive News
• Why The Survival Of Traditional Carmakers Is Far From Certain CleanTechnica
Industry
• Stimulus package, new MSME definition to give huge boost to industry: Nitin Gadkari
• Rs 3 lakh cr credit guarantee scheme may launch this week; to offer attractive rate of 9.25%
• Stimulus 2.0: FMs Rs 11.03 lakh crore doleouts leave Dalal Street sulking
• RBI liquidity push yields little as banks seek to avoid a second lightning strike
• FPIs invest over Rs 17,000 crore in equities so far in May; no respite for debt markets
• Automobile shops can remain open: Telangana govt
• The final tranche: FM announces special insolvency framework for MSMEs
• Tesla to build Cybertruck Gigafactory in Austin: Report
• Tech to put wheels of logistics in motion, help spur growth
• Turkish pilots, others, to stand trial over Carlos Ghosn escape
• Coronavirus pushes Germany into recession
• UK has chance to change transport forever: Chris Boardman
• AIMO seeks clarity on financial package for MSMEs
• Commercial mining of coal on revenue share basis: Nirmala Sitharaman
• US industrial output plunges 11.2% in April amid pandemic
• China's Wuhan offers consumer incentives to support local auto industry
• Government prepares a list of 10 mega clusters across 9 states to attract investors
Passenger Vehicle
• General Motors instructs Mexican suppliers to prepare to resume operations
• Honda gearing up to drive in all new City amid coronavirus pandemic
• Current fiscal to remain challenging, sales to revive only next year: Audi
• GM chief confirms job cuts at autonomous car company Cruise
• Daimler again halts production at Alabama plant over parts shortage
• Factory workers wary as Detroit's 'Big 3' begins to motor back up
• Skoda India expects to sell 1,000 units of Karoq in 2020
• Nissan launches Kicks e-Power SUV in Thailand
• Mercedes-Benz Bank offers insurance cover on hybrid and electric vehicles
Aftermarket
• Uber, Lyft make it mandatory for drivers, riders to wear masks
Auto Components
• Thyssenkrupp in talks with peers over steel business
• Wabco, ZF obtain Chinese regulatory clearance for merger plan
Auto Finance
• Nissan floats car finance schemes to support buyers
Oil & Lubes
• Oil prices climb more than $1 ahead of WTI June contract expiry
• India's fuel demand recovers in May
 
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