Morning Daily - 2020-11-30

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ETAuto Newsletter | Monday, November 30, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• COVID-19 has put the focus back on personal vehicles, pushed out shared mobility, says Motherson Sumi chairman
• Higher HP tractors continue to fascinate farmers and why!
• Healthy demand conditions accelerates vehicle finance sector's recovery: Report
• Female passengers can avail ride pooling on Uber, Ola only with other lady commuters
• Demand for BIS certified two-wheeler helmets to go beyond 100 mn: industry
• Omega Seiki plans to launch electric tractor, cargo pick-up truck as part of expansion plan
• Royal Enfield is bulking up on mid-segment bikes, global expansion. T&C: No pillion allowed. ET Prime
• Govt invites proposal for design, manufacturing of indigenous GPS chips
• India's FY21 GDP sees upward revisions on faster Q2 rebound
• RBI likely to maintain status quo for 3rd straight time on inflation concerns
• Professional CEOs see average pay rise by 7% to Rs 13 crore in FY20
• From January 1, no cash at toll plazas; pre-paid cards to be introduced
• Ather Energy discontinues Ather 450 scooter, replaces it with 450X, 450 Plus trims
• From small businesses to farmers, middle India is driving demand
• 5G prospects compelling for India; affordable spectrum can spur growth: Qualcomm
• Uber eyes a bigger slice of electric vehicle space Mint
• Creator Of Amazon's Zoox Robotaxi Unit Has A New Self-Driving Startup Forbes
• Michigan auto insurance fee to decrease by $14 The Detroit News
Industry
• UK says Brexit trade talks with EU are in their 'last week'
• CII urges industry not to lower guard against COVID-19
• Five new industrial clusters to come up in Indore: MSME minister
• US second biggest FDI source for India during Apr-Sep 2020
• Dollar falls to lowest level in almost three months as investors flock to risk
• Govt to roll out uniform PUC certificate with QR code for vehicles
• Hiring surge in Madhya Pradesh's Pithampur as firms rev up production
• Q2 GDP shows surprising resilience: Is it good enough to last?
• View: How India can be a 'Plus One' manufacturing destination while reducing dependence on China
• Chandigarh told to submit report on steps to promote e-vehicles
Passenger Vehicle
• Chennai racer takes banks for a ride, cheats Rs 3.9 crore in luxury car loan scam
• Renault Samsung to stop factory for 4 days next month
• UK's sole hydrogen car maker Riversimple bets on green revolution
• Tesla, Nikola, Nio and Fisker: Electric carmakers are in a stock market bubble
• Spinny reports 20% rise in sales to 1,000 units in festive season
Commercial Vehicle
• IIT-Madras to run electric bus with innovative charging technology
• AP State electric buses to ply on Tirumala Hills soon: TTD
Two Wheelers
• Green drive: Delhi govt to cover e-cycles under electric vehicle policy
Auto Components
• Red Bull boss welcomes Ferrari u-turn on engine freeze
• JSW Steel in the process of acquiring land for steel plant in Odisha: Director Jayant Acharya
Auto Technology
• Elektrobit unveils EB xelor to streamline development of next-gen automotive electronics architectures
Oil & Lubes
• Crude oil prices slip in cautious trading ahead of OPEC+ meeting
• OPEC, allies mull extending output cuts
• Petrol price crosses Rs 82-mark in Delhi, diesel above Rs 72 a litre
 
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