Morning Daily - 2020-09-01

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ETAuto Newsletter | Tuesday, September 1, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• Opinion: AtmaNirbhar Auto Industry: The China Factor
• What pans out for Maruti Suzuki from Toyota-Suzuki partnership?
• The Internet of Things in the global automotive industry: Audio interview
• ETAutoTV: Investments in Industry 4.0 should be viewed as risk to mitigation technique: Ganesh Mani S, Hyundai
Top Stories
• India's economy shrinks record 23.9% in June quarter
• COVID-19 unprecedented experience, eye on second half of 2020: JCB India
• MRF sees some bright spots amid uncertain growth outlook HBL
• Conducting feasibility study for entering electric two-wheeler segment: Yamaha
• Hyundai, Tata Motors in EV order win, EESL keeps e-taxi tender on hold
• Tata AutoComp approaches StanChart Bank for loan covenant HBL
• Japan looks to AI as coronavirus challenges go-and-see quality control mantra
• Lane change: Ather Energy to alter EV course in the post-pandemic world to focus on profitability ET Prime
• Motown Diaries: PV, tractor sales expected to soar in August; two-wheelers claw back to normal
• Auto majors hold steady on EV plans as pandemic wrecks ICE market Business-standard.com
• Honda continues search for a bike to challenge Royal Enfield domination Moneycontrol
• Former Takata consultant warns millions of cars still have defective airbags Wtsp.com
• Mitsubishi Motors says former chairman Osamu Masuko dead at 71
• Musk Could Take Tesla From Worst To First In A Surprisingly Short Time Forbes
• Planets Aligned To Produce Ford's Podcast Series About Bronco Forbes
• Unifor members give strong strike mandate as Big 3 auto contract talks ramp up CBC
• Auto Buyers' Customer Satisfaction Plunges in Pandemic Thedetroitbureau.com
• How buying a new car can affect your ability to purchase a home Washington Post
• The Rude, Inconsiderate Things Job Seekers Are Forced To Endure In The Job Search And Interviewing Process Forbes
Industry Reports
• Automotive sector: Key considerations for the proposed online sales model
Industry
• Global Economy: Asia's factories shaking off COVID gloom, China shines
• Tamil Nadu: NHAI urged to refrain from hiking toll fee
• EU gains power to recall vehicles for flouting emissions rules
• U.S. appeals court tosses Trump bid to roll back fuel efficiency penalties
• NHAI awards projects worth over Rs 31,000 cr during Apr-Aug of FY21; highest in 3 years
• Centre unlikely to cede ground on GST compensation
• GAIL India looks at petrochemicals, renewables for growth
• Rupee pares early gains, settles 21 paise down at 73.60 against US dollar
• Chandigarh civic body plans 20% cut in fuel expenses of office vehicles
• Demand uptick of 300% anticipated during the festive season: Savaari Car Rentals
• Most companies that availed loan moratoriums were facing challenges before COVID-19: Crisil
• Lucknow: Hit by funds crunch, LMC and LDA may hike parking charges
• RBI governor rules out stagflation, expects consumer inflation to moderate
• West Bengal: Exorbitant private car fares huge problem for NEET JEE aspirants
Passenger Vehicle
• Bentley hits 40,000 units sales milestone for Flying Spur
• MG Motors rejigs prices of Hector Plus, hiked up to Rs 46,000
Aftermarket
• Audi India appoints Jubilant MotorWorks as its Mumbai South dealer
• Maruti opens 745 ARENA showrooms in 3 years
Auto Components
• Need to introduce mechanism to monitor, regulate steel prices: FIMI
• Steel Strips Wheels bags orders worth Rs 34 lakh in US caravan trailer market
• Dalian iron ore futures set for 6th monthly gain amid strong steel demand
• Shanghai copper on track for longest monthly winning streak since 2009
Auto Technology
• Tesla cars to now visually detect speed limit signs
• Toyota and Honda to begin testing of mobile power generator Moving e
Auto Finance
• IRDAI to soon allow insurance companies to use video-based authentication modes
Oil & Lubes
• Oil prices edge up on stimulus support despite ample supplies
• Japan's Eneos to hasten refinery consolidation as virus slams demand at home
 
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