Morning Daily - 2020-07-09

ETAuto Newsletter | Thursday, July 9, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• HMSI to defer starting 3rd assembly line on weak market
• Motown, government officials to brainstorm soon on slamming brakes on imports
• SC slams FADA for exceeding limit to sell BS-IV vehicles
• Opinion: Engineering EV - Speed and reliability with simulation
• Here is why Li-ion batteries to remain the mainstay for EVs
• Transport Ministry issues norms for publication of fee notifications
• Truck aggregator BlackBuck reinvents business model. Its a battle to stay relevant in tough times. ET Prime
• Covid-19: EVs to be minimally impacted due to focus on meeting emission targets, says Report
• TVS Srichakra Director P Vijayaragavan passes away
• Vehicle sales plunge to dent auto dealers credit metrics in FY21: CRISIL
• Drop in petrol, diesel price gap to fuel customers' shift towards petrol, CNG cars: ICRA
• Auto hub awaits return of migrant workers to resume full-fledged operations HBL
• Tata Motors brings in six-month EMI holiday scheme on select models
• Maruti Suzuki transports over 6.70 lakh cars through Indian Railways in six years
• Jaguar Needs To Be Ambitious, Embrace Luxury, And Move Upmarket To Thrive Forbes
• Production hubs in coronavirus snare, industry wary Livemint
• Fisker raises $50 million to bring its all-electric Ocean SUV to market in 2022 TechCrunch
• Toyota and Mitsubishi risk missing out on Philippine auto perk Nikkei Asian Review
• New North American trade pact puts toll on Asian companies Nikkei Asian Review
• Share The Ride, Not The Virus Forbes India
• Give Your Portfolio A Tune-Up Standard Motor Products Forbes
• Tesla CyberVan - Gigantic Untapped Potential CleanTechnica
• Want Actionable Employee Feedback? Try These 15 Strategies Forbes.com
Industry Reports
• Indian Electric Vehicle segment might continue to draw investments
Policy
• Green quota: 20% of parking to be reserved for e-vehicles in Delhi
Industry
• New MSME framework may pose infrastructure problems
• CCI dismisses complaint against NHAI alleging unfair biz practices
• Hiring activities up 33% in June: Report
• DHL to cut 2,200 UK workers at Jaguar Land Rover factories
• Daimler cautiously optimistic despite expected second-quarter loss
• NGT dismisses plea to allow 15 year petrol vehicles during corona pandemic
• Chinese factories to face headwinds in next phase of post-lockdown recovery
• Rupee slips 5 paise to 74.98 against US dollar in early trade
• Sensex, Nifty subdued after five-day rally
• Khattar assures support to entrepreneurs for setting up MSME units
• 99% businesses in India now in MSME category
Passenger Vehicle
• Skoda Auto Volkswagen India provides mobile van to primary healthcare centre in Pune district
• Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler
• SEAT urges Spain to 'wake up' and promote electric cars
• Tesla's Musk approaches a $1.8 billion bonanza
• Slovak government sets sights on Volkswagen investment
• Tesla China sold 14,954 Model 3 vehicles in June, up 35% on the month
• China's June passenger car sales down 6.5% YoY: CPCA
• Volkswagen's SEAT plans 5 billion euros in investments in 2020-2025
• Fiat Chrysler restarts production at Serbia's plant
Commercial Vehicle
• FirstGroup flags going concern doubts after posting annual operating loss
Two Wheelers
• Piaggio India opens online booking for 2020 Vespa Facelift VXL and SXL
• Earth Energy EV raises seed funding, to launch 3 electric vehicles in India
Aftermarket
• Study suggests most Uber, Lyft drivers in Seattle not poorly paid
• China to test sovereign digital currency on ride hailing giant Didi
Auto Components
• Bharat Forge launches health risk monitoring system for COVID-19 SOPs
• Umac Auto secures investment from three individual investors
• Continental sees second-quarter as weakest quarter for auto sector since 1945
• Workforce shortage hits foundries
• Continental receives serial orders for intelligent antennas from European OEMs
• SSWL receives orders worth USD 140,000 along with maiden order for alloy wheels from EU
• China steel futures rise on demand prospects, low stockpiles
Auto Technology
• How NXP engineers designed a critical auto chip from home
Oil & Lubes
• Oil prices idle as coronavirus spike fears offset signs of gasoline recovery
• Sebi looking at allowing futures trade in petrol, diesel: Official
• Diesel maintains gain over petrol in Delhi, prices unchanged
 
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