Morning Daily - 2020-08-07

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ETAuto Newsletter | Friday, August 7, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• ETGlobalTownhall: Economies cannot survive in isolation, collaboration is the key, says Pawan Munjal
• ETGlobalTownhall: Ease of doing business with minimal cost key to promoting manufacturing: R C Bhargava
• ETGlobalTownhall: Economies should focus on building domestic capabilities, says VC Sehgal, Motherson Group
• ETGlobalTownhall: Impossible to imagine supply chain ecosystem without China any time soon, says Baba Kalyani, Bharat Forge
• Suzuki, Toshiba, Denso EV battery plans go on the back burner due to the coronavirus pandemic
• Transport sector likely to contract by 18-20 percent in FY21: ICRA
• Future cars will be software on wheels. An ex-Tesla engineer from India gets ready for the race. ET Prime
• Monsoon bounces back with 45% more rains; cheers up oilseed and coarse grain farmers
• Collaboration is going to be new world order for businesses: Pawan Munjal
• BASF India Q1 results: Firm reports net loss of Rs 29 crore
• Uber's 10% recovery in India is its slowest
• Toyota's profit plunges as pandemic halves vehicle sales
• Covid Relief: RBI extends scheme for MSME debt restructuring
• PSA's car sharing service can now seek new investors, CEO says
• RBI holds rates amid rising inflation
• Tata Motors introduces subscription scheme for Nexon EV
• Audi starts accepting bookings for RS Q8 at Rs 15 lakh in India
• 10 Tips To Prevent The 'What-The-Hell Effect' From Blocking Career Success Forbes
• Council Post: How To Advance Your Career In A Remote Work Environment Forbes
Policy
• EU extends anti-dumping duties on Chinese steel
Industry
• Industry, market players and experts welcome Reserve Bank of India announcements
• Rupee surges 16 paise to 74.78 against US dollar ahead of RBI policy decision
• Nifty, Sensex rise ahead of RBI interest rate decision
• Telangana govt exempts EVs from road tax, registration fees under new policy
• Turkey auto sales surge 380% in July after lockdown lifted
• Japan's climate change efforts hindered by biased business lobby
• India's services activity contracted for fifth straight month in July
• Benetton family, funds support Atlantia's push to amend Autostrade deal
Passenger Vehicle
• Mexican auto output up slightly in July, exports fall
• Demand for used luxury cars and SUVs go up
• Toyota Kirloskar launches Fortuner TRD limited edition, priced starts at Rs 34.98 lakh
• Four more former Audi managers indicted in diesel case
Two Wheelers
• BMW Motorrad unveils custom-made R18 Dragster
• Two-wheeler registrations rise in Pune, Pimpri Chinchwad
Auto Components
• BorgWarner to supply Integrated Drive Module for Ford Mustang Mach-E
• Steel Strips Wheels bags orders worth $2,09,000 for US market
• African supply bottlenecks fuel cobalt price surge
Auto Technology
• China's Great Wall Motor to use sensors from Austria's AMS from 2022
• NHAI inks pact with IIT-Delhi to set up centre of excellence for use of AI in decision making
• Partially automated driving systems don't always work: Study
Oil & Lubes
• Total and Adani group to apply for petrol pump licence in India
 
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