Morning Daily - 2020-09-11

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ETAuto Newsletter | Friday, September 11, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Supply of used cars falls with slowdown in new car sales, may trigger price hike
• Automakers seek delays, exemptions to India's planned new rules for parts: Sources
• Suzuki Motor Corporation raises stake in Maruti Suzuki to 56.37%
• Motherson Sumi charts 5-year plan with $36-billion revenue target HBL
• Aadhaar to help Driving Licence and RC renewal
• India's August fuel consumption posts biggest monthly decline since April
• Dealers body says M&M is leader in CV market, Tata Motors disagrees HBL
• IIT Madras Researchers develop alternatives to Li-ion and lead-acid batteries for industrial use
• Motherson Sumi upsizes NCD issue to Rs 2,130 crore on huge demand
• CNG sales rise to 85% of pre-Covid level in Delhi-NCR
• Opinion: OEMs reinvent CX wheel to engage with customers in times of Covid-19
• Delhi government to roll out subsidy scheme under Electric Vehicle policy
• India begins anti-dumping probe on certain aluminium imports from China
• Aiming 5 crore additional jobs in MSME sector in five years: Gadkari
• Overall jobs growth rate slips to 3.5% in FY20: Report
• Single-digit contraction expected in July IIP: ICRA
• Worry over auto stock HT MINT
• Investor report calls Nikola a fraud, hitting shares
• Toyota Launches $800M Fund To Boost Mobility And AI-Focused Companies Forbes
• Lucid Motors' second vehicle is an electric SUV, the Gravity TechCrunch
• Trump makes wild claims about revitalizing auto industry at Michigan rally Detroit Free Press
• Canadian Auto Workers Fight for Contract Transparency Labor Notes
• Lucid lets shoppers customize cars like a video game character TechCrunch
• Chevy's Little Engine That Could Nytimes.com
• What Owning A Classic Car Has Taught Me About Being A Leader Forbes
Industry Reports
• Shaping the new normal: India's auto component industry
Industry
• Volkswagen's Skoda Auto aims to shift some production, union says
• Tesla shares rebound from steep rout
• Rupee firms up 9 paise on fund inflows, crude oil boost
• Cabinet may take up new disinvestment policy soon
• China's EV sales rise for second month as overall market continues recovery
• India August inflation seen above RBI's target range: Reuters poll
• Stock market update: Auto stocks fall; TVS Motors down 2%
• Inclusion of startups in priority sector no guarantee for funding
• Chakan automotive units want GST cut
• SC to Centre: Consider not charging interest on interest during moratorium
• Welcome to the 8-hour commute: Unlock IV without making adequate arrangements has turned citizens commute into a nightmare
• Biden aims to rebuild 'blue wall' in appeal to autoworkers
• Electric-car startup Lucid to follow Tesla into energy storage
• EESL's EVs reduce air pollution, mitigate 5,604 tonne of CO2 emissions
Passenger Vehicle
• Citroen pitches car at TikTok generation
• Maserati aims to be 'crown jewel' of FCA-PSA merger with new super car
• Lamborghini Aventador touches milestone, 10,000 units rolled out
Commercial Vehicle
• VW's trucks arm Traton hikes Navistar offer
• UP government allows resumption of interstate bus services
• Electric delivery vehicle makers and major orders in the works
Two Wheelers
• BMW Motorrad announces staggered payment scheme for G310 R, G310 GS
• One Electric Motorcycles to launch KRIDN at Rs 1.29 lakh
• Triumph Motorcycles launches Rocket 3 GT in India, price starts at INR 18.40 lakh
Aftermarket
• Acko invests $1.2 million in Pitstop
• Doorstep vehicle servicing: New business model expedited by COVID-19 lockdown
Auto Components
• Lithium giant Albemarle locks horns with Chile over reserves data
• Shanghai copper rises on China demand outlook, LME copper slips
• Visteon provides advanced HMI for Ford F-150
Auto Technology
• Tesla launches fast electric car charging in Berlin, says more cities to come
Auto Finance
• Bajaj Finance waives EMI bounce charges for auto loan customers in Maharashtra
 
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