Morning Daily - 2020-11-25

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ETAuto Newsletter | Wednesday, November 25, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• Toyota halts operations at Indian plant again as union strike continues
• Maruti Suzuki Subscribe extends services to 4 new cities
• OEMs stare at Rs 3.5 lakh crore capex in 7 years to meet govt's EV target: Report
• Top 10 two-wheelers sold in Oct: Splendor retains the peak position
• India's two-wheeler exports to see sustained growth in H2 FY22: Ind-Ra
• Royal Enfield is bulking up on mid-segment bikes, global expansion. T&C: No pillion allowed. ET Prime
• PSA-Avtec Powertrain MD & CEO Prabhakar Kadapa quits the company
• Mercedes Benz ties up with SBI for car finance
• Tesla to build 'world's largest' battery plant near Berlin
• SMEV welcomes govt plans to install 69,000 EV charging kiosks across India
• Elon Musk overtakes Bill Gates to become world's second-richest person
• Honda City Hatchback breaks cover, likely to phase out Jazz in Asian markets
• Festival demand underpins India's animal spirits in October as signs of recovery take hold
• Another Chrysler 'Merger Of Equals' Sees France's PSA Take Fiat, Jeep, Dodge, Ram Forbes
• 2021 Southeast Michigan Auto Show postponed due to COVID-19 The Detroit News
Industry
• Tesla market value crosses $500 bn as shares surge six-fold this year
• Cars24 raises new funds led by DST Global, valuation hits $1 billion
• Equity indices open in the green, Sensex up by 208 points
• EU says it could be self-sufficient in electric vehicle batteries by 2025
• Germany: Europe should extend industrial cooperation to hydrogen
Passenger Vehicle
• UK car industry says failure to clinch Brexit deal could cost 55.4 bln stg by 2025
• Ford's new CEO tackles warranty costs in bid to boost profit
• Tesla mulls expanding in Europe with compact vehicles: Elon Musk
• Volvo Cars to terminate dealer agreements with Bilia
• GM flips to California's side in pollution fight with Trump
Commercial Vehicle
• Scania says China to become third hub in its global production system
• Mining industry making headway on zero emissions truck fleet-ICMM
• Scania says China to become its third global production hub
• Heavy vehicles can't enter Ahmedabad from 8am to 9pm
• Sweden's Scania to start making trucks in China after acquisition
Two Wheelers
• 'Harley's exit blow to biking culture,' say 200 owners in Doon
• Triumph Motorcycles opens pre-bookings for Trident 660 across all dealerships
Auto Components
• OKAYA bags World Bank-funded contract from EESL for EV charging stations
Auto Technology
• Niti Aayog forms panel to study feasibility of ultrahigh-speed travel in India using hyperloop tech
 
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