Morning Daily - 2020-11-06

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ETAuto Newsletter | Friday, November 6, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• ETAuto+ New trends redefine Indian car market dynamics
• Will Hyundai i20 alter the stigma on hot hatches with its performance quotient?
• Opinion: AI-based systems help OEMs design discounts, hit long-term goals
• Maruti Suzuki to proactively recall 40,453 units of Eeco
• Tata pips M&M to 3rd spot, sales at 99-month high
• Volkswagen CEO says Joe Biden victory would better suit carmaker's strategy
• Bajaj revs up in mid-capacity segment, but loses traction in entry-level bikes. Guess whos gained? ET Prime
• Suzuki Motor Gujarat to start operations of Plant No.3 in April 2021
• RBI announces co-lending scheme for banks, NBFCs for priority sector
• BASF, partners put $4 bn India chemical complex on hold due to COVID-19
• Hyundai launches next-gen i20, price starts at INR 6.71 lakh
• Suzuki Motor forecasts full-year operating profit to shrink by a quarter
• Mahindra Logistics upbeat on warehouse, logistics; to add 1.5-2 m sq ft per annum HBL
• Why shouldn't you face trial for installing cheat devices, SC asks VW
• Nissan bets on EV supremacy for growth, CEO says Nikkei Asia
• If You Build It: Challenges Facing Electric Vehicle Infrastructure Forbes
• Nagesh Basavanhalli takes charge as Greaves Cotton Group CEO, MD
• What The Job Market Would Look Like With Joe Biden As President Of The United States Forbes
• 5 Conversations To Unify Your Virtual Team While Working From Home Forbes
Industry
• ArcelorMittal posts $261 million net loss for September quarter
• AAI ties up with NTPC for setting up solar power plants & have e-vehicles at airports
• D&B India, NSIC ink pact to boost growth of MSMEs
• National car racing to resume in bio-bubble
• Japan to offer aid to 2 companies moving manufacturing base from China to India
• Loan moratorium: RBI urges SC to lift interim order banning declaration of NPAs
• Sensex, Nifty hit near nine-month high as strong SBI earnings lifts banks
Passenger Vehicle
• GM thinks bigger in China with plan to import full-size SUVs
• Mahindra & Mahindra offers discount, other benefits to govt employees on vehicle purchase
• Volkswagen CEO says will tweak strategy to maintain electric, autonomous push
• Tata Nexon crosses 1.5 lakh unit production milestone
• BMW launches limited edition Mini John Cooper Works Hatch in India at INR 46.9 lakh
• BMW warns on virus lockdowns but maintains outlook
Commercial Vehicle
• Volvo Trucks to launch full range of electric trucks in Europe in 2021
Two Wheelers
• Ducati unveils new Multistrada V4
• Cycling startup AlphaVector forays into e-bikes, launches Meraki by Ninety One
Auto Components
• Chemicals group Lanxess' narrows 2020 profit outlook, says demand picking up
• Shanghai exchange has yet to register nickel briquette brands
Auto Technology
• Massachusetts voters approve ballot expanding open repair data in blow to auto industry
Oil & Lubes
• Oil cos wait as petrol, diesel prices remain unchanged
• India asks OPEC to correct pricing anomalies, assess impact of Covid
 
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