Morning Daily - 2020-07-06

ETAuto Newsletter | Monday, July 6, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• ETAuto Originals: Will China fade away on the Indian automobile turf?
• A dearth of inquiries keep CV dealers' under pressure
• ETAutoCast: How tech firms are helping new mobility patterns tackle COVID-19
Top Stories
• We are in final stage of launching vehicle scrappage policy: Nitin Gadkari
• Maruti Suzuki chairman pens book on industrialising India
• Slowdown, weak consumer sentiment extremely challenging for auto sector: Kinetic Green
• Motherson Group rejig plan fails to enthuse investors
• Cyber attackers put out details of some stolen NHAI files, probe on
• Rural markets faring better than urban centres amid coronavirus pandemic: Maruti Suzuki
• Rural demand, small cars could revive auto sales: why Kia needs to tweak its urban-focused portfolio ET Prime
• Jaguar Land Rover launches premium car subscription service Pivotal
• Indian cycle industry has opportunity to increase its global market share: Hero Cycles CMD
• Lamborghini India banks on healthy order book to prevent sales decline
• KT Rao welcomes investment in construction equipment companies in Telangana
• Hyundai Mobis invests $20 million in US tech funds for future mobility
• View: Higher fuel taxes, fewer subsidies are good policy
• Steel oversupply to drive price correction in Q2 FY21: Ind-Ra
• Why Hydrogen Will Never Be The Future Of Electric Cars Forbes.com
Policy
• Maharashtra transport department mulls odd-even plan for autorickshaws
Industry
• India may see first monthly trade surplus in 18 years
• India should double down at least on 15 items of imports for Atma Nirbhar Bharat: ASSOCHAM
• A rural resurgence will fuel India's economic recovery
• FPIs pull out Rs 3,741 cr in three trading sessions in July
• E-rickshaws most robust & comfortable option for commuters, says VNIT study
• Odisha: GST collection in June at 2,693.75 cr, Q1 mop up dips 35% due to lockdown
• Large projects on to augment India's border infra: Gadkari
• 4.27 crore e-way bills generated in June
• Green shoots: Rural auto demand to avert FY21 wipeout
• Centre is pro-industry, pro-development: Nitin Gadkari
• Demand slowdown hits Gujarat MSMEs
• Italy eyes measures to support auto industry: PM
• Nikola founder channels Elon Musk in lashing out at naysayer tweets
• Proposed Rs 8,250-cr Chambal Expressway to be game changer for MP, UP, Rajasthan: Gadkari
• Hitachi ABB Power Grids to focus on e-mobility
• NHAI deploys additional staff to complete road repair
• IRDAI examining feasibility of insurers offering surety bonds for road contracts
• Insolvency plea against IL&FS Transportation' Spanish arm
• Euro zone business slump eased in June as lockdowns relaxed
• Dollar rises as risk appetite tempered by rising COVID-19 cases in US
Passenger Vehicle
• Mercedes to recall 660,000 vehicles in China for oil leak
• New Honda City sedan to launch in India on 15th July
• MG Motor India teases Gloster SUV on website
Commercial Vehicle
• Tesla to do cross-country drive with Cybertruck later this year: Musk
• DTC to introduce contactless payment system
• Vadodara gets smart city bus service
Aftermarket
• Bengaluru: Not just officegoers, e-cabs open door for all from July
Auto Components
• Chinese miners' deal frenzy seen stalling on regulatory hurdles
• Strike at Tata Steel's Dutch plant ends after agreement on jobs
Auto Technology
• IIT Roorkee develops tech for smooth driving in foggy weather
Oil & Lubes
• Lost in oils rally: $2 trillion-a-year refining industry crisis
• Petrol, diesel prices unchanged for fifth day in a row
• Angola resists OPEC pressure to comply fully with oil cuts
 
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