Morning Daily - 2020-11-13

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ETAuto Newsletter | Friday, November 13, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Hyundai Motor India invests Rs 3500 crore in FY20, ends the year with turnover of Rs 44,000 crore
• What is altering the market share story of the Indian PV makers?
• Nissan cuts annual operating loss forecast by 28%, helped by restructuring efforts
• Covid hurts three-wheeler sales in H1, industry sees no respite in sight
• Moody's revises India's 2020 GDP forecast to -8.9% from -9.6%, raises 2021 forecast to 8.6% from 8.1%
• Maintaining Brand Relevance in a Rapidly Changing Global Auto Industry: Audio Interview
• Electric trouble: Maruti going slow on its WagonR EV project amid doubts on commercial viability ET Prime
• In Sitharaman's stimulus 3.0, a plan to challenge China's manufacturing clout
• Wage bill of listed companies could be up by 3-4% in first half of this fiscal: CMIE
• Stimulus measures to help accelerate economic activity: SIAM
• Continental appoints Nikolai Setzer to be Chief Executive
• Fiat Chrysler and Engie EPS to set up e-mobility joint venture
• India's energy growth set to be back after Covid impact reduces: Report
• Ferrari lifts the lid on convertible version of SF90 Stradale hybrid
• JBM Auto Q2 PAT up 1.4% to INR 20.52cr
• EV charging start-up Charge+Zone raises $3 million in pre-series A funding HBL
• BMW Gave Its iX EV Two Motors And 500hp, But Not A Body To Love Forbes
• Parts shortage halts OT production at GM full-size SUV plant The Detroit News
Passenger Vehicle
• Volkswagen Volkswagen to set up new motor production line at central Mexico plant
• 18th U.S. Takata death reported, first in a BMW: US Agency
• Ford targets leading share in EV commercial market that it has with gas engines
• Mercedes-Benz Berlin plant boss to join Tesla, union says
Commercial Vehicle
• Eicher Motors Q2 net profit down 40 pc to Rs 343 cr
Two Wheelers
• Classic Legends sells over 50,000 Jawa motorcycle in 12 months
• Triumph Motorcycles introduces pre-owned bike vertical in India
• Tata Capital, Honda Motorcycle & Scooter India announce festive two-wheeler loan offerings
Auto Components
• India imposes anti-dumping duty on imports of clear float glass from Malaysia
Tyres
• Japanese tyremaker Bridgestone to shut Bethune plant
Oil & Lubes
• Global oil demand unlikely to get vaccine boost until later in 2021: IEA
 
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