Morning Daily - 2020-07-30

ETAuto Newsletter | Thursday, July 30, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Maruti Suzuki Q1 FY'21 net loss at Rs 249 crore
• Automakers bullish on improved July performance on better sales numbers
• TVS Motor reports Rs 139.1 crore quarterly loss
• JLR's outgoing CEO Ralf Speth got big pay hike of 39% in FY20
• Opinion: Bus or bust!
• Don't see an early end to the new normal, yet the show must go on: Apollo Tyres CMD
• Future cars will be software on wheels. An ex-Tesla engineer from India gets ready for the race. ET Prime
• Sudeep Narayan quits Volvo Auto India
• Tractor output suffers as curbs hit parts supply HT MINT
• Maruti Suzuki may double production from Gujarat; demand reaches 90% of pre-COVID levels Moneycontrol
• Bad timing: COVID compounds woes of Renault-Nissan alliance
• Tesla's Elon Musk says open to supplying batteries to other automakers
• The latest electric car hurdle: What if you cant resell it? HT Mint
• Maruti shares may see near-term pressure on poor results, muted demand outlook Livemint
• ABB says its new 3D inspection robot cell makes quality control testing '10 times faster' Robotics & Automation News
• Dolat Capital: Slowdown In Auto Segment Hits Mahindra Logistics, Other Segment Remain Resilient BloombergQuint
• GM May Deploy Emergency Michiganders To Missouri Truck Plant Jalopnik
• CES in Las Vegas goes virtual - Could this boost Detroit's auto show? WDIV
• GM starts construction on the cornerstone of its EV strategy TechCrunch
• Four Essential Elements Of A Global Talent Strategy Forbes
Industry Reports
• Elevating human experience for automotive customers through digital transformation
Industry
• IRB Infra preferred bidder for Rs 1,755 cr Vadodara-Mumbai Expressway stretch
• States face fresh pressure for GST rate rationalisation
• NHAI to acquire land for high-speed trains tracks
• PM Modi discusses credit growth, risk aversion with banks, NBFCs
• Rising optimism in India towards job security as businesses open after lockdown: Report
• Rupee rises 15 paise to 69.45 against US dollar in early trade
• High-frequency indicators showing material improvement, pointing at V-shaped recovery: CII
• Sensex rises over 100 points in opening trade; Nifty above 11,300
Passenger Vehicle
• General Motors says it can pay off $16 bln loan if US recovery continues
• Audi develops drone for efficient car dispatch process
• China's Li Auto set to raise $1.1 bln in US IPO
• Bugatti all set to reclaim its position as EV pioneer, comes up with first electric car in nearly 100 years
• Tata Motors, Lamborghini, Maruti Suzuki most searched automobile brands in India: SEMrush study
• GM CEO says spinoff of the automaker's EV assets not off the table
• Plant closings send GM to 2Q loss, but signs of improvement
• All new Creta receives over 55,000 bookings: Hyundai
• Coronavirus-related plant closings send GM into Q2 net loss
• All eyes on pandemic, economy as Detroit automakers post results
• Skoda offers customised interior design selections for Enyaq iV
• Aston Martin's losses grow as sales tumble
Commercial Vehicle
• Private owners threaten to pull buses off roads in Kerala
Two Wheelers
• Harley-Davidson reboots business as coronavirus hammers earnings
Aftermarket
• Uber, Bajaj to install safety partitions in 1 lakh autos
Auto Components
• Automobili Pininfarina ties up with Naim for audio system in pure-electric supercar Battista
• Osram maintains full year guidance despite third-quarter sales plunge
• ZF exploring possible sale of stake in sensor firm Ibeo
• PSA Group reveals new electric vehicle modular platform
• Thyssenkrupp must quickly present strategy, steel solution: Deka
• Global copper prices surge 40% as mining restrictions disrupt production
• Pininfarina partners with Britishvolt to create UK's first gigaplant
• Indian steel consumption to decline due to COVID-19 disruption: Moody's
• Bharat Forge to raise Rs 500 cr via NCDs
• BASF says it is still unable to forecast full-year results
Tyres
• Ceat Q1 results: Registers Rs 35 crore loss
• Italy's Brembo raises stake in Pirelli to 4.99%, says ends purchases
Auto Finance
• M&M introduces affordable finance schemes for customers
Oil & Lubes
• Fuel pumps in Punjab remain shut due to high tax rates
• OMV Q2 core profit down 86% as virus squeezes prices and energy demand
• Petrol, diesel prices unchanged for third day
International
• Russia considers built-in breathalysers for cars to curb drink driving
• US prosecutors seek 27 months imprisonment for former Uber self-driving head
• Sweden's Northvolt raises $1.6 bln in debt financing
• US biofuel industry may depend on Agriculture Secretary Perdue for aid
• Estonian ride-hailer Bolt launches service in Thailand with better rates
 
Follow Us :
Copyright © 2020 ETAuto, All rights reserved.
You are receiving this email because you signed up at etauto.com
Our mailing address is:
ETAuto.com (Times Center), FC - 6, Sector 16 A, Film City, Noida - 201301 Uttar Pradesh, India
Add newsletter@etauto.com to your address book   |   Our archives are at ETAuto