Morning Daily - 2020-09-18

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ETAuto Newsletter | Friday, September 18, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• General Motors faces unexpected bills as India-China tensions delay sale of India plant: Sources
• Auto companies dissent not justified, India's taxes in line with global rates: Finance Ministry sources
• Indian two-wheeler makers gain market share amid Covid-19
• Skoda will have 100 dealers by year-end; to launch Kodiaq SUV by early 2021
• Ather Energy looks to install 100 charging stations by 2021
• With Creta and Venue, Hyundai rides past rivals in SUV segment HBL
• Automakers in India should cut royalty payments to foreign parent firms, says official
• The Musk Method: Learn from partners then go it alone
• Interest rate cuts are dead. Long live rate cuts HT Mint
• Skoda Auto India swings into gear in rural markets HBL
• Ashok Leyland bags order for 1,400 ICVs from Procure Box
• Volkswagen to soon launch ID.4 electric SUV, India entry not on the cars
• Decoding Nissan's design philosophy
• Petrol demand returns to pre-Covid levels, diesel demand still down
• The Career-Change Journey: Part 1 Forbes
Policy
• Gujarat Govt announces e-vehicle subsidy
Industry
• Fragmented recovery of the Indian economy is underway: ICRA
• Process of installing electric vehicle charging infra kicks off in Delhi
• The "other" story of FPI inflows
• Self-reliance in select sectors can lead to import substitution of USD 186 bn: Study
Passenger Vehicle
• Thai Aug domestic car sales drop 12.1% y/y
• Skoda Auto India launches automatic version of Rapid, price starts at INR 9.49 lakh
• Ferrari unveils modified version of Portofino bestseller
• European new car sales fall by 17.6% year-on-year in August: ACEA
Commercial Vehicle
• KTCLs electric buses likely to be on road by Jan
Two Wheelers
• Pandemic won't take away consumer's love for Royal Enfield brand: CFO
Aftermarket
• German startup sennder buys Uber's European freight business
Auto Components
• DGTR probing alleged circumvention of anti-dumping duty on axle for trailers by China
• Indonesia says LG Chem, CATL sign deal for lithium battery plant
Tyres
• France blasts 'brutal' closure of Bridgestone tyre plant
• Invention captures harmful car tyre dust, wins UK award
Auto Finance
• Irdai to standardise insurance covers
Oil & Lubes
• OPEC+ presses for compliance with oil cuts, Saudi says it's no 'act of charity'
 
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