Morning Daily - 2020-06-29

ETAuto Newsletter | Monday, June 29, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Bajaj Auto workers continue to test positive; Union urges for shut down
• ETAutoTV: Small size tyres will gain prominence in the post COVID era, says Yokohama India Chairman
• ETAutoTV: Presentation on 'Electric Mobility Startups - Partnering for Success' by Pandu Ranga Rao, Altair India
Top Stories
• Auto sales may see 25-45% drop in Q1 FY21
• To curb Chinese imports, make Indian manufacturing competitive, widespread: Maruti Suzuki chairman
• Auto component industry should aim for 5% of global trade in 5 yrs; govt support crucial: ACMA
• Length and height of buses, trucks to go up
• Mild to medium colour blind people can now obtain driving licence
• Social distancing likely to create positive trend for two-wheelers: Piaggio
• Butschek has the humongous task of steering Tata Motors through the current precarious situation ET Prime
• Our people are fully supportive of continuing work: Rajiv Bajaj @businessline
• EVs will dictate the growth of sensor market: Report
• Indian Oil battery-swapping station for electric vehicles (EVs): How it Works HT MINT
• Here's What Your Future Relationship With A Semi-Autonomous Car Could Look Like Forbes.com
• It's not the lockdown but enabling of a false theory, says Rajiv Bajaj Business-standard.com
• Amazon Buys Zoox: Why Self-Driving Technology Is Existential Forbes
• China-India border tensions spark trade friction in 5G and autos Nikkei Asian Review
• Five things to know ahead of Nissan's shareholders meeting Nikkei Asian Review
• Japan auto companies triple Mexican pay rather than move to US Nikkei Asian Review
• Toyota ramps up Japan plants to fuel the U.S. market comeback Automotive News
• Onboarding Your Employees In The Age Of Covid-19 Forbes.com
Industry Reports
• Indian Electric Vehicle segment might continue to draw investments
Industry
• Government may offer relief to road developers
• India Inc reports pressure on profits and profitability in Q4
• Pune: 37,000 vehicles registered since May 18
• India's 6 crore MSMEs need immediate reliefs on loans, simple compliance to revive
• View: Its hard to be the next China, not impossible
• FPIs turn net buyers in June, invest Rs 21,235 crore
• Adoption of tech, digital economy would play key role in transforming business enterprises: Goyal
• Investors in talks with firms to diversify China exposure in supply chain, funding
• India plans list of substitute nations for critical imports
• GM wants judge removed in legal fight with Fiat Chrysler
• Indias 6 crore MSMEs need immediate reliefs on loans, simple compliance to revive: Taskforce
• Bezos buys self-driving startup, Musk calls him copy cat
• SBI sanctions loans to over 4 lakh MSMEs under credit guarantee scheme
• Relief likely in physical checks of Chinese cargo
• Crippled by Covid, Hyderabad cabbies turn cars into roadside eateries
• View: Indias economy is ailing from more than Covid-19
• IMF's Georgieva says virus crisis could ultimately test $1 trillion war chest
• View: Indias animal spirits in deep slumber despite economy reopening
• US auto sales expected to continue their recovery in June: JD Power, LMC Automotive
Passenger Vehicle
• MG Hector Plus listed on website, launch in July
• 2020 Honda City mileage figures revealed
• Virus crisis has not delayed merger plans between Fiat Chrysler and PSA: Elkann
• Skoda unveils Octavia G-Tec CNG variant
• Mercedes-Benz starts production of masks at the Sindelfingen plant
• French car revival takes hold as June sales seen close to normal
• Volkswagen sells 1,000 Nivus SUVs in Brazil in few hours after launch
Commercial Vehicle
• Private buses may stay off road in Kolkata till fare revision
• 15 MSRTC trucks do business worth Rs 2.75 lakh in 27 days
• Truck drivers to blow horn for a minute to seek Covid insurance cover
• UPSRTC to use Covidcoat technology
• Bailout package: Rs 27 crore subsidy for 6,000 private buses for 3 months
Auto Components
• COVID-19 hits tin and zinc supply but focus now on copper
• Dutch Tata Steel employees to resume strike action
• Faurecia expects sharp drop in Q2 sales, with April the low point
Auto Technology
• Didi installs V2X equipment in Shanghai, begins test robotaxi service
Oil & Lubes
• Oil price falls in second straight session as virus cools demand
• Its time to wave goodbye to bonanza oil trade
• View: Trumps inaction makes oil market management harder
• 21-day consecutive hike in fuel prices halts: Petrol selling at Rs 80.38/litre, diesel at Rs 80.40/litre in Delhi
• Transporters protest against hike in fuel prices in Delhi
• India to end central control of gas prices, lift LNG transport use
 
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