Morning Daily - 2020-08-29

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ETAuto Newsletter | Saturday, August 29, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• ETAutoSmartFactory: How digital manufacturing prepares automakers for new normal
• ETAutoSmartFactory: Companies cant be forced into hiring for sake of employment creation
• ETAutoSmartFactory: Smart factories seen as a cost rather than high return investment, says Veejay Nakra, M&M
Top Stories
• How a Powerful Nissan Insider Tore Apart Carlos Ghosn's Legacy Bloomberg.com
• Tractor makers hope to ride on festive demand for sales growth
• SC sets asides NGT order barring sale of fuel to vehicles sans PUC
• Birla Tyres board approves raising up to Rs 1,100 cr
• Murugappa Group set to win Swiss challenge for CG Power after no fresh bids, say sources
• China's top pickup truck maker Great Wall posts 24.5% profit fall
• Steel Strips Wheels bags order worth over EUR 2,53,000 from EU
• Lane change: Ather Energy to alter EV course in the post-pandemic world to focus on profitability ET Prime
• Tata Sons chairmans pay dips 11% to Rs 58 crore
• Government should announce special stimulus package for auto industry: Bosch
• Tesla value hits $420 billion, Musk thanks hardworking team
• Revolt Motors looks to raise $100 million in equity capital
• Dog Days: August Auto Sales Are Down, But The Best Deals Are Down, Too Forbes
• Farewell, Fiat: Stellantis Will Tap France for Small Car Platforms The Truth About Cars
• 11 years later, the auto rescue is still a campaign issue in Michigan. Here's why Joe Biden is leaning into it. Mlive
• GM shifts Corvette engineering team to its electric and autonomous vehicle programs TechCrunch
• Innovative Workforce Programs Make Businesses Work For Employees Forbes
Industry Reports
• Automotive sector: Key considerations for the proposed online sales model
Policy
• GI Council says vehicle insurance policies to be renewed
Industry
• Elon Musk's net worth tops $100 billion - Forbes
• Consumer sentiment improves for auto industry but urban buyers remain cautious: Motilal Oswal
• Uttar Pradesh: MSME units get loan of Rs 23k cr in 3 months claims Navneet Sehgal
• New contact norms kick in to attract private investment in highways sector
• Ghosn's accused escape plotters face judge's skepticism in extradition fight
• U.S. gives automakers at least 6 more months to meet 'quiet car' rules
• RBI announces launch of latest round of surveys on consumer confidence, inflation expectations
• Sensex rises over 200 pts in early trade; Nifty above 11,600 level
• Gurugram corridor collapse: NHAI slaps show cause notices on developer, 3 others
• Rupee posts biggest weekly gain in 20 months as RBI stands aside
• Okaya to provide EV charging stations to BluSmart Electric Mobility
• Amazon orders 1,800 Mercedes-Benz electric vans for European deliveries
Passenger Vehicle
• Tesla Autopilot driver was watching movie, crashed
• Electric car maker BYD's profits up 14.3% as mask-making pays off
• Nissan unfolds design approach to Magnite Concept
• Maruti Suzuki Subscribe opens in Hyderabad, Pune
• Electric-truck maker Rivian hires ex-Tesla executive as top engineer
Aftermarket
• Redundant coaches revamped for use as automobile freight rake
Auto Components
• Miner Boliden to invest 40 mln euros in Harjavalta nickel expansion
• Defying trade tensions, Chinese buyers snap up Indian steel
• Finnish battery chemicals plant owners agree financing package
• Thyssenkrupp presents plan for carbon neutral steel plant
• JSW Steel looks to raise share in domestic coil-coating segment, launches JSW Radiance
Tyres
• JK Tyre to focus on replacement demand, export
Auto Technology
• Dream of flying car could get real as Japan successfully conducts test flight
Oil & Lubes
• Biofuel records growing demand in rural areas of Dakshina Kannada
• Petrol price goes up again, diesel on hold
• Castrol launches Restart and HeadStart initiatives to support manufacturers
 
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