Morning Daily - 2020-09-14

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ETAuto Newsletter | Monday, September 14, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Here is how Tata Motors plans to move out of debt?
• Audi India business back on track, sees heightened demand in festive season
• Tata Motors to cut mid-term capex by Rs 50,000 crore on path to zero-debt target
• Off-highway tyre maker Alliance Tire to invest Rs 1,240 crore in third plant at Visakhapatnam
• Too much tax, high interest rates biggest hurdles for growth of auto industry: Force Motors
• Mahindra & Mahindra terminates share purchase pact with CLP India
• Auto component industry seeks long term roadmap for regulatory changes
• Diesel price dips below Rs 73, petrol rate cut for second time in six months, drops 13 paise
• Meru Cabs to focus on B2B segment, will not get into B2C war
• Auto giant takes eco-friendly rail route to ferry nearly 350 tractors
• Auto parts firms seek debt relief HT MINT
• Global vehicle emission, safety standards to be implemented soon
• Triumph Motorcycle India targets 25-30% sales growth this year HBL
• Elon Musk says Bill Gates has 'no clue' about electric trucks
• Is Electric Truck Maker Nikola Motor In Trouble? Forbes
• Auto, tractor companies build inventory ahead of Diwali
• 3 Ways To Keep Advancing Your Career Despite Economic Concerns Forbes
• How To Set Boundaries With Your Boss Forbes
Industry
• Industrial activity is returning but experts see two more months of pain
• FPIs turn net sellers in September, pull out Rs 2,038 cr so far
• Rural demand for paints fast recovering: Kansai Nerolac
• View: The key to RBI's long delayed resolution framework lies in its implementation
• RBI remains net purchaser of US dollar in July, buys USD 15.973 bn
• Retail inflation to come down with easing of lockdowns, says Chief Economic Adviser
• Tesla shares set to rally for third day after record slump
• Andhra Pradesh govt enhances tax on natural gas by 10 percent
• Visakhapatnam: Motorists, traffic officials welcome GVMCs 4-flyovers plan on NH-16
• Centre, States are working in tandem to make India a startup hub: Piyush Goyal
• India Inc likely to speed up foreign fund-raising plans
• Road works worth Rs 6,000 crore in progress under SRDP: Telangana minister
• DMRC along with Delhi Police begins pre-paid auto service at Shivaji Stadium
• Delhi cracks down on transport department, appoints DASS cadre officers as MLOs
• Rajasthan: Industries dept, SIDBI ink MoU to help MSMEs
• UK secures agreement with Japan on first post-Brexit trade deal
• Nikola mulls legal action against short-seller Hindenburg
• Rs 1,034 crore OKd for national highways projects in Bihar
Passenger Vehicle
• McLaren to sell and lease back Woking factory
• Used cars drive U.S. consumer prices higher; inflation pressures firming
Commercial Vehicle
• COVID-19: Shivamogga private bus operators seek relief from state govt
Auto Components
• China's Envision eyes France for new EV battery factory
• Aluminium producers' race to go green may fracture market
Tyres
• Need import duty rationalisation for rubber industry to grow: AIRIA
Auto Technology
• Indian consumers are using voice technology to get things done. Brands are you listening?
• Covid catalysed new tech revolution, say experts at Hyd conference
Oil & Lubes
• OPEC+ bid to rescue oil market falters as demand recovery stalls
• Petrol, diesel get cheaper as crude falls
• Oil companies margin on petrol, diesel to more than double by month-end: Analysts
 
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