Morning Daily - 2020-12-02

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ETAuto Newsletter | Wednesday, December 2, 2020

Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | People Movement | Auto Components
Top Stories
• ETAuto Sales Analysis: Automotive Sales still patchy for November
• Royal Enfield is many steps ahead of the competition': Siddhartha Lal
• Bajaj Auto may transfer its stake in KTM to Pierer Mobility
• Maruti Suzuki's November wholesales marginally up at 144219 units
• Escort records highest ever Nov sales at 10,165 units
• IOC, HPCL in octane war with super petrol for premium cars, bikes
• MP: Rise in fuel prices a concern, says Kamal Nath
• Royal Enfield is bulking up on mid-segment bikes, global expansion. T&C: No pillion allowed. ET Prime
• Mahindra Group appoints Amit Sinha as president for group strategy
• Automakers pledge to work with Biden to reduce emissions
• TVS Motor acquires fleet management platform Intellicar Telematics
• VW bets on Porsche racecar engineer to help overtake Tesla
• Hyundai Motor Group Reveals New Dedicated EV Platform Forbes
• LG Chem to double China battery capacity to meet Tesla demand: Sources
• French car market set to fall to lowest level since 1975 - federation
• Targets Margins Improve Even As Digital Sales Explode: How Is That Even Possible? Forbes
• A luxury supercar to watch out for! Why 2021 McLaren 765LT with 789 HP engine is not another cookie-cutter
• Reimagining Success in Connected Vehicles With a Differentiated CX Approach
• Connected Vehicle: The Road Ahead for Cellular V2X
Industry
• Q3 should see further boost to manufacturing: NITI Aayog VC
• Tesla CEO says he is open to friendly deal with rival carmaker
• Kia Motors November sales up 50% at 21,022 units
• Porsche India appoints Manolito Vujicic as Brand Head
• Sustainable demand in auto will start picking up in Q4
• General Motors Co sent back to drawing board after most South Korea union members reject labour deal
• Volkswagen faces leadership crisis as CEO Herbert Diess demands vote of confidence
Passenger Vehicle
• VW boss dilemma is about more than Herbert Diess
• Hyundai recalls 456 units of Kona over potential issues with battery system
• Daimler awards 1,000 euro 'corona bonus" to German employees
• Mahindra & Mahindra total sales up 4% in November
• Honda Cars clocks 55% growth in domestic sales in Nov'20
• Tata Motors posts 26% growth in domestic sales at 47,859 units in November
• Hyundai Nov 2020 domestic sales up 9.4% to 48,800 Units
• MG Motor Nov 2020 retail sales grow 28.5% to 4,163 units
• Series production of ENYAQ iV electric SUV begins at Skoda Mlad Boleslav plant
Commercial Vehicle
• Etrio launches leasing plans for electric cargo 3-wheeler Touro
• Euler Motors plans to expand beyond NCR
• Mahindra tractor domestic sales surge 55% to 31,619 units in Nov
• Ashok Leyland domestic sales up 4% at 9,727 units in Nov
Two Wheelers
• Honda 2Wheelers domestic sales grow 11% to 412,641 units in November
• Hero MotoCorp domestic sales up 14% to 5.76 lakh units in November
• Royal Enfield domestic sales grow marginally in November 2020
• Two-wheeler industry showing 10% decline, mostly at entry level
• Bajaj Auto domestic two-wheeler sales rise 7% to 1,88,196 units in Nov 2020
Auto Components
• Pilbara Minerals to buy Altura Mining's lithium project for $175 mln
Auto Technology
• Western Digital introduces NVMe-based SSDs for data-centric infrastructure
Automotive
• Sonalika Tractors reports 63% jump in total sales at 13,085 units in Nov
Oil & Lubes
• Diesel sales fall 7% in November, petrol sales up 5%
• India's Nov diesel sales down 7 per cent y/y, petrol up 5 per cent
 
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