Morning Daily - 2020-09-05

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ETAuto Newsletter | Saturday, September 5, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Auto industry is not in a position to invest in future CAFE and RDE norms
• Scrappage Policy to be out soon, will take GST demand to FM, PM: Javadekar
• Auto firms should ask their parent companies to reduce royalty: Piyush Goyal
• Auto industry to revive by FY24 with demand stimulus: Rajan Wadhera
• ETAutoTV: Mercedes Benz EQC: All you need to know
• Road Projects crucial to boost auto industry: Nitin Gadkari
• SIAM appoints Kenichi Ayukawa as its new President
• Daimler may export Mercedes-Benz cars from India, says CEO Ola Kallenius
• Govt to focus on Indian cos for electric bus tender: Prakash Javadekar
• India is witnessing a V- shaped recovery, says finance ministry in monthly economic review
• Harley, which came in a mango deal, slows down. Look whos stepping on the gas: Triumph, Enfield. ET Prime
• Long-term policies, stable regulatory roadmap required for auto sector: Toyota
• Govt asks banks to obtain board approval for corporate loans restructuring by September 15
• Tesla excluded from latest inclusions into S&P 500
• Auto sales, e-Way Bill, exports make smart rebound : FinMin @businessline
• Tata sons Pvt Ltd buys Tata Motors DVR 'A' Ordinary shares for 30 crore HT MINT
• Auto suppliers stuck in Mexico, foiling Trump's US job push Nikkei Asian Review
• US: Hyundai now says recalled vehicles should be parked outside
• GM doesn't expect workers to return to offices through the end of June The Detroit News
• "Elon Musk Of China" Regains Billionaire Status With 472% Stock Surge Forbes
• No Frog In A Well: Alibaba-Backed XPeng Founder Talks About Entrepreneurism, EVs Forbes
• K5 Live: Tentpole Events Attract Kia's Marketing For Sedan Launch Forbes
• Yandex spins out self-driving car unit from its Uber JV, invests $150M into new company TechCrunch
• GM and Honda join forces as the post-coronavirus consolidation of the auto industry begins Business Insider
• There Are Two Very Different Reasons Why People Are Spending More On New Cars Jalopnik
• VW's all-electric ID.4 will use interior lighting to communicate with the driver TechCrunch
• Ford is letting customers personalize their Mustang Mach-E before taking delivery The Verge
• Don't have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it! Moneycontrol
• 16 Ways Employers Can Create An Effective Virtual Onboarding Experience Forbes
Industry Reports
• Automotive sector: Key considerations for the proposed online sales model
Industry
• Can 70km Delhi-Jewar gap be bridged by short-transit pods?
• M&M to acquire additional 9.12% stake in Carnot Technologies for Rs 12 cr
• Carlos Ghosn's accused escape plotters can be extradited to Japan, U.S. judge says
• Spaniards buy old, polluting cars amid recession and COVID fears
• Indonesia regulator eases lending rules for electric vehicles
• China's auto sales to grow slightly in next five years, industry body predicts
• RTOs can issue special permit for interstate vehicular movement
• Bosch acquires 26% stake in Sun Mobility
• No fines for not wearing mask while driving alone
• Finance Minister Nirmala Sitharaman welcomes US companies investment in India
• Freaky Friday! Investors lose Rs 2.12 lakh crore within minutes: Key factors behind Sensex's 600-point crash
• Borrowers must be given support after moratorium is lifted: Nirmala Sitharaman
Passenger Vehicle
• UK car sales slip after sole monthly rise, industry data shows
• Brazil auto industry prospects still bleak even after August recovery, Anfavea says
• Tesla falls for fourth straight session; insiders offload stake
• Tesla retreats for third day as investors cash in on gains
• Jeep reveals hybrid Wrangler, 1st US battery-powered vehicle
• Tata Harrier SUV gets XT+ variant, priced at Rs 16.99 lakh
Commercial Vehicle
• Delhi transport minister reviews installation of safety features in DTC and cluster buses
• RSRTC begins services to UP, MP trips from Sept 7
Auto Components
• Europe joins the global scramble for critical minerals
• India's metal sector severely hit by COVID-19, to see slow recovery: Report
Auto Technology
• Sennheiser partners with Continental for next-gen premium in-car audio solution
Oil & Lubes
• Oil falls 3%, heads for weekly drop on demand concerns
• Gujarat: Fuel sales at 70 per cent of pre-Covid levels
• US refiners, awash in diesel inventory, unlikely to boost output soon
 
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