Morning Daily - 2020-10-20

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ETAuto Newsletter | Tuesday, October 20, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Heros top strategist Rajat Bhargava quits
• JK Tyres navigates changing manufacturing landscape with disruptive technologies
• Festive demand uses up motowns idle capacity
• From CNG to hydrogen, Delhis journey towards becoming city with clean air
• As virus curbs intl holidays, BMW India plans to lure in people who wish to spend on luxury cars
• If you deliver in India, you can deliver globally: Ola's Bhavish Aggarwal
• An ageing plant, heat on Chinese FDI, cost saving: why MG should say hello to contract manufacturing ET Prime
• M&M announces to raise production of Thar SUV on high bookings
• Ultraviolette Automotive raises capital from GoFrugal Technologies in Series B funding
• Used cars have become mainstream choice amid the pandemic: Mahindra First Choice Wheels MD HBL
• Hyundai Motor, Kia Motors flag $2.9 bln earnings hit from quality costs
• Driving mode in Google Assistant begins rolling out on Android
• Luxury carmakers focusing on demand for used cars amid slowdown in sales Mint
• An Obscure American Automaker Now Has the World's Fastest Car Bloomberg.com
• The 5 Workplace Emails That Everyone Hates Forbes
• The Top 10 Pandemic Job Market Trends Forbes
• Brand Connect: Bird Automotive, Customer-centric Initiatives!
Industry
• FM pushes large CPSEs to meet 75% of FY21 capex target by Dec
• Rupee slips 7 paise to 73.42 against US dollar in early trade
• Proposal to relax eligibility norms for highway projects to ensure larger participation by developers
• CPSEs clear dues worth Rs 13,400 crore to MSMEs in last 5 months: Govt
Passenger Vehicle
• Toyota bets on start-up Tugende's small loans to boost Africa business
• Maruti launches special edition of Swift in festive season
• Hyundai Motor shares dive after engine woes prompt third-quarter profit warning
• GM plans investments to expand electric vehicle production
• Tesla to export China-made Model 3 vehicles to Europe
• Swiss electric car maker Pich Automotive hires former VW CEO
• Maruti launches special edition of Swift in festive season
Two Wheelers
• Hero MotoCorp launches new edition of Splendor
Auto Components
• Domestic steel industry showing signs of recovery: RINL CMD
Oil & Lubes
• IOC to offer differentiated fuels, hydrogen-spiked CNG
• Oil prices drop for 4th day as COVID-19 second wave worries intensify
• OMCs continue to hold petrol, diesel prices across metros
 
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