Morning Daily - 2020-10-16

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ETAuto Newsletter | Friday, October 16, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• JLR brings back 85% of furloughed workforce on demand recovery
• BMW to roll out 25 electric or hybrid products by 2023
• Rakesh Jhunjhunwala bought stake in this automaker in September quarter
• Tractor cos boost output as Sept sales surge 80%
• JLR to launch electric Jaguar I-PACE in India in early 2021
• Luxury carmaker BMW's steady path to recovery post COVID-induced lockdown
• V-shaped recovery seen in several high-frequency indicators: Finance Minister
• An ageing plant, heat on Chinese FDI, cost saving: why MG should say hello to contract manufacturing ET Prime
• Fire-Side Chat on Global Perspective on Farm Equipment
• Moody's says India's fiscal measures will have little impact on growth
• Takata successor's faulty seat belts number 9m: ministry Nikkei Asia
• Hyundai Creta crosses 2 lakh cumulative exports mark
• New Land Rover Defender launched in India from Rs 73.98 lakh
• BMW launches 2 series Gran Coupe, price starts at INR39.3 lakh
• Pirelli reboots its R&D to stay on track through the pandemic
• PhonePe launches car, bike insurance
• If Your Employees Don't Share This One Belief, They Will Resist Every Change You Try To Make Forbes
• How To Practice Self-Compassion In Trying Times Forbes
Industry
• GM to run robot cars in San Francisco without human backups
• No uptick in registration of vehicles ahead of festivals in Pune
• California urges automakers to reveal improper emissions software
Passenger Vehicle
• Volksfest 2020: VW Polo and Vento Red and White edition launched
• PSA to ditch its two small gasoline city cars, sources say
• Tesla's back-to-back price cuts bring sticker on U.S. Model S below $70,000
• Fisker closes deal for supplier Magna to build its SUV, take stake in startup
• Toyota rolls out special offers for salaried customers ahead of festive season
• U.S. auto market may take three years to rebound from COVID, says Subaru CEO
• Volkswagen unveils Taos for global market
Commercial Vehicle
• Traton says revised takeover bid for Navistar expires on Friday
Two Wheelers
• Royal Enfield launches 3D motorcycle personalization app
• Ampere Electric partners with eBikeGO for performance electric scooters
Auto Components
• Forms and Gears to set up manufacturing-cum-assembly plant in Thailand for fixtures, automation products
• Pure Minerals inks non-binding deal with LG Chem for supply of nickel, cobalt
Tyres
• JK Tyre & Industries expands presence of Truck Wheel Centre
Auto Technology
• Innoviz sees lower lidar costs accelerating autonomous car development
Oil & Lubes
• As petrodollars dwindle, banks in the Gulf look for new survival strategies
• Fitch expects marketing, refining volume of oil firms to fall 15 per cent in FY21
 
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