Morning Daily - 2020-11-09

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ETAuto Newsletter | Monday, November 9, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
ETAuto Originals
• ETAuto Exclusive: Has Manohar Bhat quit Kia Motors despite its Super Debut?
• Two-Wheeler Industry: Are OEMs & Dealers ahead of their digital consumer?
Top Stories
• Tata Motors aims to have widest portfolio of SUV in domestic market
• Automakers log dip in fleet sales in September quarter amid coronavirus pandemic
• Maruti Suzuki production jumps 53% in October
• Royal Enfield plans to bring 1 new bike every quarter, at least 28 models in next 7 years
• Nissan plots digital course for car sales in a post-pandemic world
• Fiat Chrysler, PSA win Brazil antitrust approval for merger
• Bajaj revs up in mid-capacity segment, but loses traction in entry-level bikes. Guess whos gained? ET Prime
• Economy expected to bounce back from next fiscal: SBI chairman
• Foxconn hitches bumpy ride with electric vehicles
• Nio tops GM in market value, buoyed by bets on electric future
• Economy expected to bounce back from next fiscal: SBI chairman
• Maruti Suzuki grabs more than 50% of PV retail pie in October HBL
• Amtrak, automakers vow to work with future Biden administration
• GM net income totals $4 billion in the third quarter The Detroit News
• How Predicting The Future Has Changed For Automotive In 2020 Forbes
Industry
• FPIs invest Rs 8,381 cr in five trading sessions of November
• Nikkei rallies to 29-year high, Honda leads carmakers on upbeat earnings
• Latin American outreach: India, Argentina to expand ties in Energy, Mining sectors
• Delhi government invited to share experience at dialogue on zero emission
• GSTN infra upgraded to handle up to 3 lakh users concurrently
• Awarding of NH projects doubles despite pandemic
• Delhi govt checks all options to build e-vehicle infrastructure
• Whats ahead under President Joe Biden, industry by industry
• Not fresh fiscal stimulus, more important is to spend committed amount: Former RBI Governor Bimal Jalan
• Bank credit rise 5.06 per cent, deposits up by 10.12 per cent: RBI data
• Biden could take quick first steps on long climate policy road
• Greenko, Snam tie up to develop hydrogen value chain
• Sensex 1% away from record 42,274
• Haryana: 75% quota for locals will lead to loss of jobs, say industries
• Indias labour system needs a digital transformation to tackle Covid-induced issues
• China exports remain strong in October, import growth slows
• Delhi's air quality 'severe', likely to remain so on Diwali
• Increased digital payment to better assess country's GDP: Nirmala Sitharaman
Passenger Vehicle
• Tata Motors delivers 45 SUV Nexon EVs to Kerala govt
• FASTags mandatory for all four-wheelers from January 1, 2021
• Volvo recalls 54,000 U.S. vehicles for air bag defect linked to one death
• Volkswagen's Mexico unit extends talks with union, avoiding strike
• Tata Motors launches XM+ variant of Altroz at INR 6.6 lakh
• Digital wave further transforming the car purchase journey of Indian consumers
• Mahindra to deliver of 500 Thars across the country
• Russia's new car sales increase 7% yoy in October
Commercial Vehicle
• Chinese autonomous truck startup Inceptio raises $120 mln from CATL, others
• Volkswagen truck unit Traton finalises $3.7 bln Navistar acquisition deal
• Activists: Use Rs 139 crore grant to induct more BMTC buses, e-autos
• GM plans to increase pickup truck production with up to C$1 billion investment in Canada
• Daimler receives order from Assam govt for 20 AC buses
Two Wheelers
• Hero MotoSports Rider Sebastian Buhler Crowned 2020 FIM BAJA's Cross-Country World Cup Winner
• GoZero Mobility launches Skellig range of performance e-bikes
• Ather Energy raises USD35m in Series D funding led by Sachin Bansal
Aftermarket
• RTS Logistics eyes INR 500 cr revenue in 2-3 yrs, automotive segment to drive growth
• Apps win, labour frets after Uber-led 'gig worker' measure passes
Oil & Lubes
• Biden win means Iranian oil supply to India may resume, but it will take time, say experts
• Gadkari tells NMC to convert all its vehicles to CNG
• Brent crude tops $40/bbl after Biden clinches U.S. presidency
• ONGC puts mature oil, gas fields on block
• OPEC would miss 'friend Trump', wary of strains under Biden, sources say
• How a Biden presidency would transform the U.S. energy landscape
• CNG, smart cards can plug leakage of fuel & fare revenue: Nitin Gadkari
 
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