Morning Daily - 2020-10-28

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ETAuto Newsletter | Wednesday, October 28, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Harley finds a Hero for India ride
• Tata Motors sees better second half even as it prepares for hard Brexit
• Mercedes sees current market challenges as short-term; market potential intact
• Penetration of car financing inches up as loans gets cheaper
• Economy reviving, but GDP growth to be negative or near zero this fiscal: FM
• Global emissions from fuel consumption likely peaked last year-research
• Amara Raja Batteries Q2 net profit falls 39% to INR218.61 crore
• Vehicle insurance policies must be renewed on time: General Insurance Council
• Indian Motorcycles announces 2021 line-up for India
• Cut downtime, trace errors: how Rockwell Automation is helping Indian firms roll out Industry 4.0 ET Prime
• Mercedes-Benz to increase stake in Aston Martin
• Daimler, Waymo to partner in developing self-driving semi trucks
• Tata Motors net loss widens to INR307 crore in Q2
• Maruti Suzuki, Microsoft collaborate to develop HAMS technology for driver training
• Detroit automakers keep masks on to keep the factories running
• Toyota-Panasonic battery JV to boost efficiency to catch up with Chinese rivals
• Hyundai unveils mini EV for mini drivers
• Continental buys stake in lidar startup Aeye
• October Auto Sales Climb Back To Year-Ago Level, Despite High Prices Forbes
• The Critical Shortage Of Software Architects In Auto Industry Forbes
Policy
• Gaadi-off campaign gets mixed response in Delhi
• Gadkari unhappy with NHAI officials over project delays
Industry
• Panels set up to expedite stalled NH works across state
• Working with states, local bodies to make it easier for biz to get licences, permissions: Piyush Goyal
• Panvel RTO garners less revenue this Dussehra than last yr
• Global foreign direct investment halved in first six months of 2020: UN
• Indian rupee opens 10 paise lower against the US dollar
• Government in no hurry for big PSU selloffs over market appetite
• Millions of used vehicles contribute to air pollution, says UN report
• Sensex drops over 100 pts in early trade; Nifty below 11,750
• Impossible trinity pushing Indias RBI toward stronger rupee
• Car insurance startup Root raises $664 million in IPO -sources
• Indian economy accelerated in September as animal spirits soared, new data shows
• Mercedes bets on evolution as Tesla touts revolution in automated driving
Passenger Vehicle
• Rumour has it: Mercedes-Benz all set to electrify its sports vehicles, will compete with Porsche & Tesla
• Hyundai opens booking for updated i20 at INR 21,000
• Nissan to raise output capacity in China by 30%
• Tesla exports made in China Model 3 sedans to Europe for 1st time
• Stuttgart prosecutors drop investigation into ex-VW boss Winterkorn
Commercial Vehicle
• Kinetic Green launches electric cargo 3W Safar Jumbo at INR 2.5 Lakh
Two Wheelers
• Harley shines as CEO Zeitz's turnaround plan boosts profit
Auto Components
• Diversified product portfolio to reduce Covid-19 slowdown impact on chemical players: Icra
• U.S. ITC delays decision on LG Chem, SK Innovation trade secret case
• Teslas Chinese battery supplier boosts profit as pandemic eases
• Bearings maker SKF beats forecasts again as demand recovers
Tyres
• Ceat Q2 profit jumps over 300% at Rs 182 crore
Auto Technology
• VW launches in-car app My Volkswagen Connect
• Hyundai's Motional partners with Via to launch U.S. robotaxi service in 2021
• ZF sets up electronics plant in Poland to make auto-grade cameras
Oil & Lubes
• BP Plc eyes India's fuel market, wants natural gas to be under GST framework
• BPCL launches lube for high-end bikes
• Green gas to fuel vehicles in Ayodhya soon
• Oil falls on oversupply fears after build in U.S. crude stocks
 
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