Morning Daily - 2020-10-19

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ETAuto Newsletter | Monday, October 19, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Passenger vehicle exports tumble 58% in H1FY21 as COVID-19 disruptions take toll
• Shortage of labour, parts delays motor insurance claims
• Ola to set up new tech centre in Pune, hire 1,000 engineers: Report
• Sharp surge in September domestic wholesales indicates recovery in auto sector: Report
• Go 'swadeshi', end imports and increase exports, says Nitin Gadkari
• Maruti Suzuki unveils special offers for govt employees with benefits up to Rs 11,000
• An ageing plant, heat on Chinese FDI, cost saving: why MG should say hello to contract manufacturing ET Prime
• Tata Motors joins hands with HDFC Bank for novel car financing schemes
• NCLAT asks auto parts co to settle row
• India is gradually moving towards an Economy based on Clean Energy
• Renault CEO says eight-year plan can turn round carmaker
• FDI with even the smallest Chinese holding will need govt nod
• Indicators point to economic recovery, but recouping may be fragile: Report
• For TVS, moped roars back to outsell mobikes in Q2 HBL
• GM's Detroit-Hamtramck Auto Plant Is Now 'Factory Zero' Forbes
• Joe Biden on electric vehicles: 'We're not investing' The Detroit News
• Exoskeleton suits turn auto factory workers into human robots Automotive News
Industry
• COVID-19 prompts workers, corporates to adopt gig economy
• Road accidents in Maha dip in last 3 years: Highway Police
• UP: High security plates must for commercial vehicles from Monday
• Former Polaris Industries MD launches consultancy firm
• P-notes investment drops in Sept but FPIs positive on domestic mkt, say experts
• Structural change, sustained spending are a must for recovering from COVID-19, says ILO
• Govt warns public against 'mischievous' activities of MSME Export Promotion Council
• Inflation target should be higher, wider: Experts
• With economy and credit rolling along, Fed unlikely to alter bond-buying
Passenger Vehicle
• Tesla stops offering its seven-day return policy: Report
• BMW looking to cash in on people spending on luxury cars as virus curbs intl holidays
• As Covid bites, luxury auto makers unleash offers' offensive
• India's car, motorbike sales surge as dealerships stock up ahead of festive season
• What is the afterlife of a car in India?
Commercial Vehicle
• Tamil Nadu Transport workers call for wage revision talks
• Volkswagen raises Navistar bid to $44.50/share to clinch trucks deal
• Hyderabad based e-vehicle company focuses on boosting livelihood opportunities, women empowerment
Aftermarket
• Buyer of Japan's Takata looks at possible seatbelt faults
• Maruti Suzuki launches Service Festive Campaign
Auto Components
• Raw material crisis may lead to closure of many SME steel wire units: Industry body
• Robust demand prospects propel aluminium to 17-month peak
Oil & Lubes
• Delhi: From tomorrow, 50 buses to run on fuel thats cleaner than CNG
• OPEC+ faces growing pressure to change course as ministers meet
• Oil falls as possible OPEC+ supply boost, COVID-19 spike weigh on sentiment
• OPEC+ fears second virus wave could lead to oil surplus in 2021
 
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