Morning Daily - 2020-08-11

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ETAuto Newsletter | Tuesday, August 11, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Autologue: Biofuels - a blessing for earth
• ETAutoTV: Ease of doing business with minimal cost key to promoting manufacturing in India, says RC Bhargava
Top Stories
• PV retail sales decline 25% at 1,57,373 units in July 2020: FADA
• Diesel cars tumble to low of 1.8% of small car, sedan sales in April-July
• We are strong in SUVs, SCVs and pickups and we will focus there: Pawan Goenka
• Right from 1950, we have followed wrong policies raising production cost: RC Bhargava
• Tata Motors recalls Tiago, Zest AMT diesel variants over emission issue
• M&M in line for sustained re-rating on rural gains
• Beyond black box: Air India crash was imminent. Safety lapses, unheeded warnings raise questions. ET Prime
• For Suzuki, Covid-19 continues to be a cause for concern in India HBL
• Tyre-makers get a breather as replacement demand revives HBL
• Automakers tap exports to offset loss in domestic sales Livemint
• Force Motors reports net loss of Rs 64.99 cr in Q1
• Auto loans: Banks wary of financing vehicles as defaults rise Moneycontrol
• VW extends China market lead with new low-cost brand Jetta Nikkei Asian Review
• Waymo Has Partnerships With Fiat Chrysler, Volvo, Jaguar, Magna, & Maybe Honda CleanTechnica
• Shares of Uber, Lyft drift lower after California judge says that contract drivers are employees TechCrunch
• A Faraday Future prototype hits the auction block TechCrunch
• 3 Steps To Prepare Now For Post-COVID-19 Hiring Forbes
Industry Reports
• Automotive sector: Key considerations for the proposed online sales model
Policy
• New Andhra Pradesh industrial policy likely to bring in big-ticket investments: Experts
• Karnataka EV policy remains on paper
Industry
• India to promote manufacturing of some products to boost market share: Nitin Gadkari
• Rupee opens flat against US dollar
• Trade agreements should be fair and reciprocal: Piyush Goyal on India's growing business sentiments
• Andhra Pradesh unveils new Industrial Policy, identifies 10 thrust areas to propel economic growth
• SBI Chairman Rajnish Kumar hints 10,000 crore MSME Fund of Funds will be operational soon
• Commerce Minister Piyush Goyal says balance of payments to be 'very, very strong' this year
• As per experts, Centre, state govts will suffer budget deficit of Rs 10 lakh cr due to COVID-19: Gadkari
• Sensex surges over 300 points in early trade; Nifty tops 11,300
• Govt likely to allow co-operative banks to lend under MSME ECLGS
• Review decision to appoint K V Kamath as head of expert panel on debt recast: AIBEA to RBI
• GeM to roll out advanced version in next couple of months: CEO
• Unable to register on Udyam portal, say entrepreneurs
• Rural economy still strong on record procurement of farm produce: PM Modi
• Cabinet likely to take up proposal for Credit Guarantee Enhancement Corporation soon
Passenger Vehicle
• Volkswagen to phase out Touareg V8, offers special 'last edition'
• Fiat Chrysler asks judge to deny GM request to reopen racketeering case
• Study reveals drivers who keep windows down exposed to 80 pc more air pollution
• Honda Cars starts pre-booking of 2020 Jazz
• Ford, Michigan Science Centre join hands to develop interactive autonomous driving experience
• Supercars and champagne: Bangkok's rich purr through pandemic
Commercial Vehicle
• Tamil Nadu transport corporations can now hire, use private buses
• Covid-19 norms often flouted in crowded UPSRTC buses
• Nikola to make 2,500 electric garbage trucks for Republic Services
Aftermarket
• Studds sets up Asia's largest helmet manufacturing plant in Haryana
Auto Components
• Public Enterprises Selection Board selects Soma Mondal as the next chairman of SAIL
• Steel Strips Wheels bags orders worth $237,000 from US
• DGTR recommends CVD on certain steel product imports from Indonesia
Tyres
• Yokohama doubles tyre manufacturing capacity at Haryana plant
Auto Technology
• Police want car dealers to advise buyers to install GPS device to prevent theft
Oil & Lubes
• Oil prices back on the rise on US stimulus hopes, Iraq output cut
International
• China July auto sales surge 16.4%, fourth month of gains
• Judge blocks Uber, Lyft from classifying drivers as contractors in California
• Auto union, Bernie Sanders clash ahead of Democratic convention
• US investigates electrical fires in 2014 Chrysler minivans
 
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