Morning Daily - 2020-07-10

ETAuto Newsletter | Friday, July 10, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Covid-19 Impact: OEM's control in product design to reduce; suppliers role likely to increase
• ETAutoTV: Double-digit growth coming from farm sector is the biggest greenshoot for tyres, says Srinivasu Allaphan, JK Tyre
Top Stories
• CNG car sales expected to grow in double-digits in FY21 despite decline in PVs
• Automobile demand back on track but supply staggers
• Funding tap dries up for electric vehicle firms reliant on China Livemint
• JLR June retail sales down 25% due to Covid-19
• TVS Group set to announce restructuring of holding company
• Harley-Davidson's 'Rewire' plan starts with 700 jobs cuts, ousted CFO TechCrunch
• Volkswagen's Skoda boss Bernhard Maier to step down at end of July
• Truck aggregator BlackBuck reinvents business model. Its a battle to stay relevant in tough times. ET Prime
• Tesla 'very close' to level 5 autonomous driving technology: Elon Musk
• Automotive aftermarket spending to decline 11% in FY21: CRISIL
• Auto dealers may not get impacted by disqualification of BS 4 vehicles Livemint
• Ford employees ask the company to stop making police cars The Verge
• The One Strategy That Has Helped Motherson Sumi Weather The Viral Storm BloombergQuint
• Redesigning the future in a new world order HBL
• Opinion | A novel way for MSMEs to lower their risk profile and access funds HT Mint
• US Auto Industry Under Threat At Home And Abroad Forbes.com
• Volvo Cars App Tells Plug-In Drivers More About Their Driving CleanTechnica
• 16 Critical Traits To Look For In An Executive Hire Forbes.com
Industry Reports
• Elevating human experience for automotive customers through digital transformation
Policy
• China considers in-car air quality regulations
Industry
• Immediate bail for accused Carlos Ghosn smugglers rejected
• India's GDP to contract by 3 pc in FY21: BofA
• SC to examine if transactions regarding sale of BS-IV vehicles during lockdown genuine
• Rupee gains 3 paise to close at 74.99 against US dollar
• EESL signs agreement with NOIDA authority to install EV charging units
• Covestro flags stronger than expected performance in second-quarter
• Sensex, Nifty rise as focus shifts to corporate earnings
• Fresh lockdown wont affect transport in Kolkata
• India may go beyond China to cut cheap shipments
Passenger Vehicle
• Volkswagen's labour chief sees no need for more cost cuts
• Renault joins hands with Google Cloud for Industry 4.0 transformation
• Tesla appears poised to electrify S&P 500
• Electric car maker Fisker eyes deal to go public
• Aston Martin's first SUV rolls off production line
• Tesla gaining ground pushes Chinas EV bubble closer to bursting
• Lamborghini unveils limited-edition Sian Roadster
• Honda Cars India launches BS-VI Civic diesel, price starts at Rs 20.75 lakh
• Diesel customers can sue VW where they bought cars, rules EU court
• Ford's Q2 China vehicle sales rise 3% YoY to 158,589 units
• Mercedes-Benz Cars & Vans delivers over a million vehicles globally in H1 2020
Commercial Vehicle
• Private bus operators in Goa slash trips to save costs
Two Wheelers
• HMSI launches online booking platform
Aftermarket
• China's autonomous vehicle company WeRide starts driverless testing
• Amazon plans at least $100 mln to keep Zoox talent after $1.3 bln deal
Auto Components
• PCBL aims 40 per cent volume in speciality and value-added carbon
• Codelco unions say nearly 3,000 miners infected by Coronavirus, call for enhanced safety
Auto Technology
• Mercedes say their F1 gearbox sensor issues are 'complex'
Oil & Lubes
• Oil prices dips, heading for weekly loss as virus cases rise
• BP pays $1 billion for 49% stake in fuel retail JV with Reliance
• Oil & gas: OMCs set to start FY21 with a bang in Q1
• Petrol and diesel prices again go a momentary pause
 
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