Morning Daily - 2020-10-07

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ETAuto Newsletter | Wednesday, October 7, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Daimler to cut fixed costs by more than 20% by 2025
• Import of tyres under DFIA scheme not allowed: DGFT
• Tata Motors Group global wholesales decline 16% in Q2 FY21
• Yamaha expects sales momentum to continue in festive season
• Banks relieved as govt will foot bill for interest waiver
• LG Chem will get a charge from battery spinoff
• Huawei may become Chinas Tesla challenger, say experts ET Prime
• Continental to sell parts of Vitesco, Contitech: Report
• Online sale of car disinfectants and sanitisers goes up by 50% in last two months
• Delhi: No enforcement drive for high security number plates and colour-coded fuel stickers till further orders
• Mahindra's new Thar receives 9,000 bookings since launch
• RBI to hold policy meeting from October 7 to October 9
• How the job market looks like for professionals in the automotive sector
• Uber launches employee commute services
• World economy faces long, hard climb out of pandemic, IMF chief says
• Chinas Electric Vehicle Promises Are Just ThatPromises Forbes
Industry
• Foreign firms flouting MSME tendering norms: CEAI to Gadkari
• World risks economic scarring if support removed too soon, says IMF Managing Director
• EU says that no-deal Brexit becoming ever more likely
• Wrong number: Why Delhi has plate full
• Govt appoints Ashima Goyal, Jayanth R Varma, Shashanka Bhide as MPC members
Passenger Vehicle
• Tesla disbands U.S. media relations team: Report
• BMW India commences pre-launch bookings of 2 Series Gran Coupe
• JLR retail sales fall 12% in July-Sep quarter
• Maruti Suzuki's Brezza logs 5.5 lakh units sales within 4.5 years of launch
Commercial Vehicle
• Maharashtra to reduce plying age limit of autorickshaws to 15 years
Two Wheelers
• eBikeGo forms strategic alliance with ASSAR to deploy 30,000 e-bikes in next 3 years
Aftermarket
• The worlds biggest oil trader wants to buy your used car
• Lyft gives loyalty members free Grubhub restaurant delivery
• Automobile service centres see dip in biz as WFH becomes new normal
Auto Components
• Nationalisation of Thyssenkrupp not the right step: German Economy Minister
• Toyota-Panasonic venture to build lithium-ion batteries for hybrids in Japan
• Vitesco Technologies launches transmission control system with overmolding technology
Oil & Lubes
• Oil prices slide as Trump cancels aid talks, U.S. crude stocks expand
• Petrol, diesel prices unchanged, crude firms after fall
 
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