Morning Daily - 2020-10-29

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ETAuto Newsletter | Thursday, October 29, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Hero MotoCorp Q2 PAT grows 8.2% at INR 953 Crore signaling gradual revival
• SBI raises USD 1 billion untied loan with JBIC, other lenders
• Honda2Wheelers expects sales growth to last beyond festive season
• Carmakers FCA and PSA confirm progress toward full merger
• Goodyear forays into automotive lubricants segment in India
• Tata Group to set-up new unit for electronic component manufacturing in Chennai
• Cut downtime, trace errors: how Rockwell Automation is helping Indian firms roll out Industry 4.0 ET Prime
• Kia Motors flexes muscles, reveals combat vehicle prototype
• Core sectors bounced back to normal very fast: Piyush Goyal
• VW's Traton, Toyota's Hino agree electric truck venture
• Harley-Davidson unveils its 1st electric bicycle 'Serial 1'
• Number of high-security registration plate dealers in Delhi increased by over 500
• MG Motor, Tata Power open first superfast EV charging station in Nagpur
• Royal Enfield working on customisable riding jackets, helmets
• GM's Super Cruise rated ahead of Tesla Autopilot by Consumer Reports Automotive News
• New Amazon Web Services Offering Could Reduce Vehicle Software-Related Recalls Forbes
• 'Zombie' Cars That Clawed Their Way Back From The Auto Graveyard Forbes
Policy
• DTC and NBCC ink MOUs to build multi-level bus depots in Delhi
• Driving licences suspension rule triggers demand for kids' helmets in Karnataka
• Online booking for HSRP to start from November 1
Industry
• Europe must expand chargers to catch up with electric car sales
• Stock rout deepens; S&P 500 drops nearly 3%, Dow down 800
• Tata Motors shares jump nearly 6 % after earnings announcement
• Govt releases consolidated FDI policy document; replaces countries of concern with land border
• Highway Ministry asks agencies to focus on maintenance and repair of national highways
• Rise in rural & urban demand shows India on recovery path
• Adityapur MSMEs confident of three-shift ops soon as Tatas production goes up
• New technique to extend battery life in smartphones, electric cars
• Toyota Kirloskar Motor launches PRO service centres
• Govt must support India's manufacturing sector
• Public bus operators threaten to go to court over tax waiver
• Ministry of skill development seeks suggestion to amend Apprenticeship Act
• Corona dents sales of new vehicles in Navratri, Diwali outlook bleak
Passenger Vehicle
• UK September car production lowest in 25 years, industry says
• VW recalls Jettas to fix fuel leaks that can cause fires
• Toyota boosts U.S. fuel pump recall to 3.34 million total vehicles
• Peugeot maker PSA's car revenue returns to growth after lockdowns
• Aston Martin gains capital injection and strengthens Mercedes link
• Ford urges consumers to meet their other side in latest campaign
Aftermarket
• National logistics policy to be announced soon, says special secretary
Auto Components
• Tata Steel's overseas plants back to high utilisation: CEO
Oil & Lubes
• BP, Total remain bullish on India energy market
• More reforms in offing to raise private participation in oil, gas fields, says Oil Secy
 
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