Morning Daily - 2020-08-31

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ETAuto Newsletter | Monday, August 31, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• ETAuto Originals: Bicycle craze sweeps India in COVID times
• ETAutoCast: Auto industry pins hopes on festive season, but will it bring cheer?
• Fireside Chat on 'Future Factory and Smart Manufacturing'
• ETAutoTV: Digital, resilient, lean managing the smart factory of tomorrow
Top Stories
• Hyundai remains cautiously optimistic about upcoming festive season amid COVID-19 pandemic
• Govt set to boost auto sector, create jobs
• Opinion: Recycling of Li-ion Batteries will deliver long-term sustainable value for India
• Current fiscal to remain challenging, sales growth to return from next year: Yamaha
• Economy unlock may curb fleet operator revenue fall 15% this fiscal: Crisil
• Shriram Transport should not insist on appointing director rejected by shareholders HBL
• The economy is picking up partly due to pent up demand, says NITI Aayog's Vice Chairman
• As the loan moratorium ends today, its a rough ride ahead for transport sector
• Overdue replacement cycle to drive recovery in commercial vehicles: VECV
• Lane change: Ather Energy to alter EV course in the post-pandemic world to focus on profitability ET Prime
• Asean agrees to review trade pact with India
• Bucking Covid blues: Hyundai expects to cross yearly domestic growth threshold
• FM Sitharaman to review loan restructuring implementation
• GDP, auto sales data, PMI prints among 10 factors likely to drive stock market next week
• Japan factory output up but retail sales down amid fragile recovery from pandemic
• Goods vehicles worst polluters of Kolkata's air: Study
• Force Motors appoints DY Works to design brand and experience strategy for Gurkha
• Bespoke Auto Manufacturer Spyker Is Back Forbes
• Tesla rolls out software update to let its cars' cameras see speed limit signs The Verge
• Why The Most Accepted "ism" Will Become HR's New Strategic Imperative Forbes
Industry Reports
• Changing Gears 2020: How digital is transforming the face of the automotive industry
Industry
• Chennai corporation faces big challenge as roads return to pre-pandemic normal
• Indonesia drive-in concert delivers live music as coronavirus rages
• Analysts expect rupee to strengthen over next few weeks
• Fiscal deficit to touch 7% in FY21, says Brickwork Ratings, as revenue collection hit by lockdown
• Time ripe for 2nd stimulus aimed at industry
• India, ASEAN trade ministers call for starting discussions to determine FTA review scope
• Centre communicates borrowing options to settle GST compensation to States
• Gujarat government promotes industrial parks with incentive push
• Bhopal: Auto drivers, cabbies sell vehicles due to lack of business
• Last leg of NH-34 four-laning project in Bengal to begin on Aug 31: NHAI
• NHAI plans Rs 190cr bypass to fix deadly Khalghat road
• GST compensation dues: Centre gives full details of two options
• RBIs benchmark auction sees record Rs 18,000 crore devolvement
• Bank stocks charge up bulls, but Nifty oversold, upside is capped
• FPI flows, passive RBI lift rupee to 6 month high of 73.4 vs USD
• Inspite of pandemic gloom, Karnataka sees 16,700 new business registrations
Passenger Vehicle
• Car registrations in Pune & Pimpri Chinchwad improve
• Tesla targeted in failed ransomware extortion scheme
• Ram pickup recall: Floor mats can interfere with gas pedal
Commercial Vehicle
• Worksport to launch foldable solar panel cover for pickup trucks
• Mandatory for bus driver, conductor to wear face shield with mask: Jharkhand transport dept
• Telangana, Andhra at loggerheads over resumption of bus services
Aftermarket
• Ride sharing market projected to decline 2% in FY'21: Report
Auto Components
• China's Tianqi Lithium posts $101 mln net loss in H1 as prices plunge
• China ministry says no environmental approval yet for copper ore blending plants
• Jiangxi Copper second quarter profit rises but inventory, writedowns weigh
• Rassini Automotive Switches to Rimini Street Support for its SAP Applications
• Velodyne Lidar joins ITS America to advance intelligent transportation systems
• Donimalai iron ore issue will be solved in three months: Union Coal Minister
Auto Technology
• Internet of Things adoption in India still at niche stage: Deloitte report
Auto Finance
• Shriram Transport Finance to tap large global investors to seek re-election of Punit Bhatia
Oil & Lubes
• Saudi Aramco discovers two new oil and gas fields
• Fuel prices remain unchanged as OMCs pause hike
• Experts welcome UN Secy Gen's advice to India to phase out fossil fuels
• TN petroleum dealers seek CBI probe into illegal sale of spurious fuel as bio-diesel
• Cairn's Mangala oilfield in Rajasthan completes 11 yrs of production
 
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