Morning Daily - 2020-10-13

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ETAuto Newsletter | Tuesday, October 13, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• To revive sagging sales, automakers are banking big on fresh vehicles
• How luxury carmakers plan to script a comeback during festive season
• Concorde Motors asked to pay Rs 70k to buyer
• August IIP: Industry output contracts 8%
• Manufacturing firms' profit outlook in Oct-Dec remains negative
• Mahindra Logistics adds over 10,000 seasonal jobs ahead of festive season
• Double whammy for Air India sell-off: pandemic erodes value even as debt and losses pile up ET Prime
• Need to make coffee in the car? LG and Hyundai have a way Nikkei Asia
• Honda Cars expands car buying platform with 6-step process
• How TVS vroomed into high-end bike segment with Apache HBL
• Logistics tech start-up Unanu ties up with MHAO group of UAE HBL
• Omega Seiki, FITT join hands to work on EV technology, research
• Car design is about to change forever. This video encapsulates how Fast Company
• Hiring activities improve by 24% in September: Report
• DICV launches app for connecting digitally with stakeholders
• Electric cars to triple market share in Europe amid COVID-19, researchers say
• Is Renault Trying To Swipe Teslas Critical Emissions Credits Cash Cow? Forbes
• How To Negotiate A Job Offer During COVID Forbes
• Companies Don't Care About You: The Days Of Corporate Loyalty Are Over And It's Time To Take Control Of Your Career Forbes
Policy
• High security registration plates must for UP vehicles in NCR dists from Jan
• Centre unveils plan to boost demand ahead of festive season; drop in the ocean, say economists
Industry
• Indian consumers brace for high inflation as they curb spending
• Tamil Nadu inks 14 MoUs worth Rs 10,055 crore
• Fresh stimulus to push economic activity: Niti Aayog vice-chairman Rajiv Kumar
• Government to give Rs 12,000 crore special interest-free 50-year loan to states
• Rupee logs 1st drop in four sessions, down 12 paise against US dollar
• Sensex jumps nearly 400 points; Nifty tops 12,000
• Railway assures Automobile industry associations to resolve their concerns on priority
• Maldives considers scrapping Free Trade Agreement (FTA) with China
Passenger Vehicle
• MG Motor India starts 2nd phase of innovation programme
• General Motors reports first quarterly China sales growth in two years
• Hyundai to expand Kona EV recall to US, Europe over battery fire risk: Report
Commercial Vehicle
• M&M launches BS-VI variant of 3-wheeler brand Alfa
Two Wheelers
• Hero MotoCorp launches Glamour Blaze edition at Rs 72,200
• TVS Motors Apache crosses 40 lakh global sales milestone
Auto Components
• Federal-Mogul OFS 25% lower than stock price
Auto Finance
• Daimler, Swiss Re launch mobility insurance venture
Oil & Lubes
• Schaeffler India launches lubricant range under brand name TruPower
• Oil prices steady amid return of supply, while COVID-19 lockdowns tighten
• Crude oil futures decline on low demand
• Petroleum Minister Dharmendra Pradhan seeks Kuwaiti investments in India
 
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