Morning Daily - 2020-05-26

ETAuto Newsletter | Tuesday, May 26, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Why Indias EV dream facing deferments, delays & die-offs
• TVS Motor Company adopts salary cuts for employees
• Covid-19 cases at factories dont deter auto, steel manufacturers
• Opinion: Reviving Indian auto industry post COVID-19 by taking cue from global measures & assessing industrys demands
• Luxury cars bring attractive offers to encourage sales
• The 7 keys to communicating in the Japanese automotive industry: Audio interview
• Lockdown extensions economically disastrous, create another medical crisis: Mahindra
• Migrant exodus a speed bump for NHAI projects
• COVID-19 impact: Autonomous car market likely to decline by 3% in 2020
• NHAI begins search for long-term funds amid fears of revenue crunch
• Construction industry seeks immediate release of pending dues from govt agencies
• Toyota Kirloskar Motor to resume production from May 26
• Volkswagen loses landmark German case as diesel owners stand to receive damages
• Maruti banks on rural sales to get back on road to recovery HT MINT
• A GST cut can put auto sales on fast track to revival Livemint
• Soaring freight charges throw a spanner in works for auto firms HT MINT
• Tyre firms stare at weak FY21 as replacement market sales remain wobbly Livemint
• Auto, home loan borrowers top beneficiaries of moratorium relief @businessline
• Automakers Push Through Pandemic To Launch Huge Wave Of EVs Forbes
• Rs 3-lakh-cr emergency credit linefor MSMEs is now operational HBL
• Ather Energy ties up with scooter rental startup Bounce HT MINT
• Eicher Motors board to mull stock split on 12 June Business-standard.com
• Three Lessons Learned From 2008: A Recession Guide For Talent Acquisition Leaders Forbes.com
• Toyota, Nissan and Honda Gear Up for Mexico Reboot After COVID-19 Lockdowns Nytimes.com
• Spain pitches plan to save Nissan's Barcelona plant Nikkei Asian Review
• California May Soon Mandate Uber & Lyft Shift To Electric Vehicles CleanTechnica
Demo 5G Spotlight Demo 5G Spotlight
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Demo 5G Spotlight
Daimler has also announced the appointment of Jochen Hermann as the Chief Technical Officer of...
Policy
• Gujarat: New industrial policy likely from June
Industry
• View: With the global supply chain being reconfigured, India must intelligently restructure its economy
• Deficit monetisation: Is it really as simple as RBI printing more money?
• Lock your cars! Vehicle theft spikes in COVID-19 pandemic in US
• Major industries, govt agencies owe about Rs 5 lakh crore in outstanding dues to MSMEs: Nitin Gadkari
• International Labour Organisation writes to PM Modi, says India should uphold labour laws
• Take advantage of govt initiatives and step up investment: Anurag Thakur to India Inc
Passenger Vehicle
• Daimler aims for worldwide carbon-neutral production by 2022: CEO
• Volkswagen adopts online sales model for its ID. electric vehicle line in Germany
• Intesa expected to give preliminary green light to state-backed loan for FCA
• Mercedes Benz waives off 3 months EMI under Wishbox 2.0 campaign
• Renault must join French-German battery project: Minister
• Suzuki Motor Gujarat restarts production from May 25
• Nissan, Renault to unveil strategic plan on slashing production
• China's Great Wall expects mild domestic auto sales growth in Second half
Commercial Vehicle
• Odisha: Private bus association wants talk with govt to resume services
• Hyderabad: 2+1 rule makes business tougher, rue auto drivers
• UPSRTC preparing to restart operations at short notice, date not decided yet: Official
Auto Components
• JSW Steel ramps up capacity utilisation to 85% in May
• India's crude steel output declines 65% to 3.13 MT in April: World Steel Association
Oil & Lubes
• India looks to store cheap oil in United States: Dharmendra Pradhan
• Qatar ready to discuss Indias demand to cut long-term LNG prices
• Oil steadies as demand uncertainty tempers supply cuts
• India's April crude processing in biggest drop in at least nearly two decades
• Govt working on relief measures for oil producers
• Repos Energy plans producing over 3,000 mobile petrol pumps in FY21
 
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