Morning Daily - 2020-06-26

ETAuto Newsletter | Friday, June 26, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• ETAuto Exclusive: Sona BLW Gmbh files for bankruptcy; promoter claims no impact on India business
• India's auto sector not ready to wean off China
• Ashok Leyland Q4 net profit plunges 92% to Rs 57.78 cr
• Apollo Tyres to invest Rs 3,800 crore at Andhra Pradesh greenfield facility
• SIAM seeks government help to boost auto demand
• Piaggio to revisit India supply chain model for more options post Covid HBL
• Unbridled hike in fuel prices may force transporters to suspend operations: AIMTC
• Butschek has the humongous task of steering Tata Motors through the current precarious situation ET Prime
• Varroc Engineering reports a loss of Rs 137 crore in Q4
• Harley-Davidson to cut about 140 jobs in United States
• At Mercedes, digital is key amid the pandemic HBL
• Govt should help in creating demand to help MSMEs get out of pandemic crisis: ACMAs Deepak Jain HT MINT
• Consumer demand needs to pick up for the key sector to stay afloat Livemint
• U.K. car production drops to lowest level since 1946 Livemint
• Changes and challenges for automakers as India eases coronavirus lockdown Bsmotoring.com
• Tesla Plans to Make Batteries Around the Clock in Bay Area Bloomberg.com
• Ford CEO Jim Hackett On Human Centered Design And Unleashing Talent Forbes.com
• Looking For 0% Financing On Autos? Better Get A Move On Forbes.com
• Tesla Touts 'Middle-Skill' Factory Jobs That Pay No More Than Trash Collection Forbes.com
• How To Build A Meaningful And Productive Organizational Culture Forbes.com
• Tesla workers laid off for 'failure to return to work' during COVID-19 Mail Online
• Adam Jonas Is Bullish On GM But Bearish On Tesla CleanTechnica
Industry Reports
• The Electric Vehicle Inflection Tracker: 2020 Edition
Industry
• India-China standoff a wake-up call for industry to become more competitive : CII
• Covid effect: Tatas plan layoffs to cut fixed costs
• Govt to rescind vehicles Bulk Data Sharing Policy
• IEA calls for measures to boost EU's post-pandemic 'green' recovery
• Kolkata: Buses scarce, auto fares weigh heavy on pockets
• Rupee slips 5 paise on strong dollar, border tensions
• Nifty, Sensex adrift as gains in defensives even out dour IMF outlook
• Workers bear brunt of suspension of inter-dist bus trips
Passenger Vehicle
• Nissan to lay off 200 Mexico workers amid global auto slowdown
• Peugeot CEO says merger with Fiat Chrysler on track
• Spanish car production shows May recovery after April slump
• America's best-selling vehicle becomes a cybertruck with a familiar face, new Ford F-150
• Ford signs deal with Vodafone for private 5G network in UK
• Honda Cars India opens pre-booking for fifth-generation City sedan
• Nissan teases Ariya EV ahead of July launch
• JLR partners with Oslo city to run wireless electric taxis
Commercial Vehicle
• California passes landmark mandate for zero emission trucks
• Lordstown unveils new EV truck at former GM Ohio auto plant
• After lockdown, diesel price hike singes TSRTC
• Off road, private bus operators demand bailout package
Two Wheelers
• Segway to stop production of iconic two-wheeler personal vehicle
• eBikeGo partners with delivery firms to provide complete mobility solution
• HMSI teases updated Livo motorcycle ahead of launch
Aftermarket
• Singapore's Grab puts partnership with troubled Wirecard on hold
• Gojek lays off 430 employees after Facebook, Paypal investment
• Russia's Yandex in 'active dialogue' with Uber over Yandex.Taxi
Auto Components
• China's Ganfeng Lithium buys 6.9% stake in cobalt firm Tengyuan
• Indian steel manufacturers expect green shoots for industry after July
• Steel Strips Wheels bags exports orders from EU, US markets
• Copper prices rise amid low inventories, Chile supply risks
• Dutch Tata Steel workers suspend strike as talks resume
Auto Technology
• Volvo Cars, Waymo partner to build self-driving vehicles
Oil & Lubes
• Diesel crosses Rs 80-mark in Delhi after 19th consecutive price hike
• Fuel prices set to rise further due to high taxes: IOC chief
 
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