Morning Daily - 2020-08-17

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ETAuto Newsletter | Monday, August 17, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• SUV leader M&M feels pressure with rising competition
• Govt proposes stricter safety norms for construction machinery
• Re-examining biz, operating models: Ashok Leyland chairman
• Empowering India: Electrifying Intra-City Logistics
• Daewoo Motors India's Greater Noida assets again up for auction
• Mercedes, Audi expect sales momentum to pick up in festive season
• Brezza to Fortuner, SUV sales have picked up. But a recovery to pre-pandemic levels is still elusive. ET Prime
• Tata to seek funding options as UK bailout for steel, auto biz fails Livemint
• PM says India to strive for self-reliance, use vast resources to produce for global market as well
• Automotive Navigation Systems Industry poised to grow by 6.56 mn units during 2020-2024: Report
• Mahindra unveils new Thar SUV, gets new petrol engine with automatic transmission
• CEAT to supply tyres to new version of Thar SUV
• Karnataka needs to incentivise purchase of electric vehicles
• Oil companies wonder if its worth looking for oil anymore
• Hyundai's EV effort similar to Toyota's 'Prius family' venture Automotive News
• Anand Mahindra promises to wear a mask to ride the new Thar Livemint
• Ather Energy explores ownership models to attract new users HT MINT
• 'India must create champion industries to be self-reliant': NITI Aayog CEO HT MINT
• A retreat from global trade will hurt Indias geopolitical stature HT Mint
• MS Dhoni adds another vintage car to his collection Livemint
• Bosch may outperform market due to rising revenues, new order wins Business-standard.com
• Covid-19 May Speed Up Low-Carbon Shift, Google Says CleanTechnica
• Volvo electrifies its full product portfolio Automotive News
Industry Reports
• Driving the Future
Policy
• Coronavirus speeds up push for congestion charge in cities
• Meghalaya has set up task force to revive economy: Sangma
• Arunachal CM launches entrepreneurship plan to boost economy
• Haryana's draft industrial policy aims to attract Rs 1 lakh cr investment, generate 5 lakh jobs
Industry
• Hyderabad vehicle owners to soon get RCs, DLs
• Nitin Gadkari to lay foundation stone of 13 National Highway Projects in Manipur today
• Media often captures sentiments correctly ahead of monetary policy: RBI study
• FPIs invest Rs 28,203 cr in Aug so far; turn net investor in debt after 5 months
• World economy to see 'worst contraction' in 2020; steel demand to fall: Chandrasekaran
• Govt may not need to infuse fresh capital in PSU banks this fiscal
• Gadkari expresses confidence about increasing MSME exports, creating more jobs
• Nearly 440 vehicle owners penalised for PUC violations
• First into the virus slump, China is proving the fastest out
• Portfolio outstanding of fintechs grew 92% in 2019
• German union IG Metall backs four-day week to save jobs
• Karnataka likely to introduce property tax slab for industries
• FIIs come in a big way as retail exits: Who will win this round?
• By 2022, India must be aatmanirbhar in every sense of the word: Vice-Prez Venkaiah Naidu
• Brazil's logistics co Sequoia files for IPO
• Hijacking bankers to catch swindlers is a terrible, terrible idea
• Bank lending to NBFCs jumps 190 bps to 8.8% since Sept 2018
• Wholesale inflation negative for 4th month in a row
Passenger Vehicle
• Musk says Tesla app's two-factor authentication 'embarrassingly' late
• Webinars & travel curbs put brakes on luxury cab business in Bengaluru
Commercial Vehicle
• Reflective tapes row affects trucks in Tamil Nadu
• Haryana transport minister urges unions to call off strike
• Madhya Pradesh truckers plan 2nd strike
Aftermarket
• Online trends indicate 75% rise in demand for second-hand vehicles in Mumbai
Auto Components
• Tianqi Lithium president leaves embattled Chinese firm
• Automotive applications to fillip demand for surface treatment chemicals by 2026
• Indian steel market to have V-shaped margin recovery ahead: Report
• Indigenous groups in Chile's Atacama push to shut down top lithium miner SQM
• China's CATL is developing new EV battery with no nickel, cobalt
Auto Technology
• Tesla developing training computer 'Dojo' to process video data
Oil & Lubes
• Diesel sales drop 19% in first half of August compared to previous month
• Petrol prices rise across metros after 47-day halt
• Whiting Petroleum CEO to resign after it emerges from bankruptcy
International
• China ramps up U.S. oil purchases ahead of trade deal review
• Canada factory sales rise by a record 20.7% in June
• After brief trade truce, US slaps levy on Canadian aluminum
• Brazil's Bolsonaro faces tough choice on U.S. ethanol trade
• China will promote yuan's internationalisation
• Denmark to make face masks compulsory on public transport
• US oil & gas rig count falls to record low for 15th week: Baker Hughes
 
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