Morning Daily - 2020-11-02

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ETAuto Newsletter | Monday, November 2, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Carmakers are betting big on factory-fitted CNG variants amid rising demand
• Maruti, Hyundai, Tata Motors witness brisk sales during Navratri period
• Domestic PV sales likely to outperform in October, Maruti leads the pack
• Making it Electric: BS Yediyurappa writes to FM to withdraw GST Cess on hybrid cars
• SKF India expects to corner higher share in auto-components market
• Maruti total sales up 19% in October at 182,448 units
• Why City and Amaze can no longer pull the cart for Honda. Hint: India has found a new ride. ET Prime
• Hyundai October 2020 domestic sales increase 13.2% at 56,605 units
• Honda Cars domestic sales up 8.3% at 10,836 units in October
• Toyota Kirloskar sales down 2% at 12,373 units in October
• Royal Enfield domestic sales decline 7% to 66,891 units in October
• MG Motor October retail sales grow 6% at 3,750 units
• Loan moratorium: Banks told to credit 'interest on interest' to borrowers, RBI tells SC
• Escort tractor sales rise 2.3% at 13,664 units in Oct
• Mahindra tractor sales grow 2% to 46,558 units in Oct
• Motown Diaries: Navratri sales likely to be lower than expected; expect October to be flat
• National Highways Authority of India's multimodal logistics parks in the fast lane
• Okaya installs over 500 EV charging solutions
• FCA expects to pay $259M in criminal settlement over alleged diesel emissions cheating The Detroit News
Policy
• Smart city buses to roll out in Aurangabad from November 5
• Permission given for resumption of Tamil Nadu-Puducherry bus services
Industry
• US funds mark down Paytm & Ola valuation as Covid hits biz
• Hydrogen Wars pit Europe vs China for $700 billion business
• India's strategy of dealing with COVID-19 paid off, economy set to bounce back: Ficci
• Europe risks a new economic downturn as lockdowns return
Passenger Vehicle
• Ford sells struggling Brazil factory
• Renault and Ferrari oppose Red Bull's engine freeze call
• Tesla hikes price of 'Full Self-Driving' option to $10,000
Commercial Vehicle
• Public buses resume plying with full seating capacity in Delhi
Two Wheelers
• Hero MotoCorp total sales jump 35% to 8.06 lakh units in October
• Yamaha ties up with Amazon India to sell apparels, accessories online
• Ather Energy opens full payment window for two variants in Bengaluru, Chennai
• Cab drivers pledge to respect cyclists on city roads
Auto Components
• Continental expands LiDAR tech portfolio for automated driving
• ZF expands production of camera technology with new Poland plant
• BorgWarner scales up supply of starter motors for Hyundai in Brazil
Tyres
• India's first 'Tyre Park' to come up in West Bengal
Auto Technology
• ASM Technologies acquires India offshore delivery centre of Semcon
• Waymo seeks to calm doubts about driverless cars with data trove
Oil & Lubes
• Oil prices slump 4% on jitters over Europe lockdowns, US elections
• Festive season drives up consumer demand for fuel and improved runs at refineries
• India could cut oil import bill further as Saudi looks at crude discounts
• Consumers may see marginal fall in petrol, diesel prices next week
• Petrol, diesel prices on freeze: IOC says international oil prices range-bound
 
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